Public Profile

Singapore Life Limited

Singapore Life Limited, commonly known as Singlife, is a prominent player in the insurance and financial services industry, headquartered in Singapore (SG). Founded in 2014, the company has rapidly established itself as a leader in digital insurance solutions, focusing on life insurance, health coverage, and investment-linked products. Singlife's innovative approach combines technology with traditional insurance offerings, making it unique in the market. The company has achieved significant milestones, including the launch of its digital platform, which enhances customer experience and accessibility. With a strong commitment to customer-centric services, Singlife has garnered recognition for its market position, consistently striving to redefine the insurance landscape in Singapore and beyond.

DitchCarbon Score

How does Singapore Life Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

39

Industry Average

Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

0

Industry Benchmark

Singapore Life Limited's score of 39 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

Singapore Life Limited's reported carbon emissions

In 2023, Singapore Life Limited reported total carbon emissions of approximately 456,000 kg CO2e from Scope 2, while Scope 1 emissions remained at 0 kg CO2e. The company also recorded significant Scope 3 emissions, with investments contributing approximately 123,757,000 kg CO2e. In 2022, their Scope 2 emissions were slightly higher at about 459,000 kg CO2e, with Scope 3 emissions reaching approximately 761,328,000 kg CO2e, including investments of about 94,903,000 kg CO2e. Singapore Life Limited has demonstrated a commitment to sustainability, as evidenced by their Scope 2 emissions intensity, which decreased from 316 tCO2e per employee in 2022 to 301 tCO2e per employee in 2023. However, the company has not set specific reduction targets or climate pledges, indicating a potential area for future development in their climate strategy. Overall, Singapore Life Limited is actively monitoring its carbon footprint, particularly in Scope 2 and Scope 3 emissions, as part of its broader sustainability efforts.

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Add to project
20222023
Scope 1
-
-
Scope 2
459,000
000,000
Scope 3
761,328,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Singapore Life Limited's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Singapore Life Limited is headquartered in SG, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Singapore Life Limited is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers