STERLING INSURANCE COMPANY INC.
Sterling Insurance Company Inc., commonly referred to as Sterling Insurance, is a prominent player in the Philippine insurance industry, headquartered in the heart of the Philippines. Established in 2001, the company has steadily built a reputation for its comprehensive range of insurance products, including life, non-life, and pre-need plans, catering to diverse customer needs. With a focus on innovation and customer service, Sterling Insurance has achieved significant milestones, positioning itself as a trusted provider in the market. Its unique offerings, such as tailored insurance solutions and competitive pricing, set it apart from competitors. As a testament to its growth, Sterling Insurance continues to expand its operational reach across major regions in the Philippines, solidifying its status as a reliable choice for individuals and businesses alike.
DitchCarbon Score
How does STERLING INSURANCE COMPANY INC.'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.
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.
Industry Benchmark
STERLING INSURANCE COMPANY INC.'s score of 22 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
STERLING INSURANCE COMPANY INC.'s reported carbon emissions
In 2023, STERLING INSURANCE COMPANY INC. reported total carbon emissions of approximately 49,594 kg CO2e across all scopes, with emissions evenly distributed among Scope 1, Scope 2, and Scope 3. This marks a significant reduction from previous years, particularly from 2022, where emissions were approximately 2,173,144,680 kg CO2e. The company's emissions data from prior years shows a fluctuating trend, with the highest recorded emissions in 2022. For instance, in 2021, emissions were about 982,815,150 kg CO2e, while in 2020, they were approximately 133,000 kg CO2e. The drastic reduction in 2023 indicates a strong commitment to improving their carbon footprint. Despite the notable decrease in emissions, STERLING INSURANCE COMPANY INC. has not publicly outlined specific reduction targets or initiatives, nor have they committed to any climate pledges. This lack of formal commitments may place them at a disadvantage in an industry increasingly focused on sustainability and climate responsibility. Overall, while the recent emissions data reflects a positive trend towards lower carbon output, the absence of defined reduction strategies suggests that further action may be necessary to align with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 379,758,000 | 000,000,000 | 0,000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000 |
| Scope 2 | 432,590,840 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000 |
| Scope 3 | 419,090,840 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
STERLING INSURANCE COMPANY INC. 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.
