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Public Profile
Insurance Services
KH
updated 2 months ago

Sovannaphum Life Assurance Plc Sustainability Profile

Company website

Sovannaphum Life Assurance Plc, a prominent player in the Cambodian insurance sector, is headquartered in Phnom Penh, Cambodia (KH). Established in 2013, the company has rapidly evolved, offering a range of life insurance products tailored to meet the diverse needs of its clients. With a focus on individual and group life insurance, Sovannaphum Life distinguishes itself through innovative solutions and exceptional customer service. The company has made significant strides in the industry, positioning itself as a trusted provider in the Cambodian market. Notable achievements include a growing portfolio of policyholders and a commitment to financial security for families and businesses alike. As a key contributor to the life assurance landscape, Sovannaphum Life Assurance Plc continues to enhance its offerings, ensuring peace of mind for its customers across the region.

DitchCarbon Score

How does Sovannaphum Life Assurance Plc'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.

14

Industry Average

Mean score of companies in the Insurance Services 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.

33

Industry Benchmark

Sovannaphum Life Assurance Plc's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Sovannaphum Life Assurance Plc's reported carbon emissions

Sovannaphum Life Assurance Plc, headquartered in Cambodia (KH), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Sovannaphum Life Assurance Plc may inherit climate commitments and data from its parent organisation; however, no specific details regarding these cascaded initiatives or targets have been provided. In the context of the insurance industry, companies are increasingly recognising the importance of sustainability and climate action. While Sovannaphum Life Assurance Plc has not yet established measurable targets or reported emissions, the broader industry trend suggests a growing commitment to reducing carbon footprints and enhancing environmental responsibility.

How Carbon Intensive is Sovannaphum Life Assurance Plc's Industry?

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

How Carbon Intensive is Sovannaphum Life Assurance Plc's Location?

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. This request for Sovannaphum Life Assurance Plc is in KH, which has a very high grid carbon intensity relative to other regions.

Sovannaphum Life Assurance Plc's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Sovannaphum Life Assurance Plc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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