Sukoon Insurance PJSC Sustainability Profile
Sukoon Insurance PJSC, a prominent player in the insurance sector, is headquartered in the United Arab Emirates (AE) and operates extensively across the region. Founded in 2020, Sukoon has quickly established itself as a trusted provider of innovative insurance solutions, focusing on both individual and corporate clients. The company offers a diverse range of products, including health, life, and general insurance, distinguished by their customer-centric approach and tailored coverage options. Sukoon's commitment to leveraging technology enhances the customer experience, setting it apart in a competitive market. With a strong emphasis on transparency and reliability, Sukoon Insurance PJSC has garnered a reputation for excellence, positioning itself as a leader in the UAE insurance landscape. Its rapid growth and dedication to service excellence reflect its ambition to redefine insurance in the region.
DitchCarbon Score
How does Sukoon Insurance PJSC'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 Coal Tar Production 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
Sukoon Insurance PJSC's score of 47 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sukoon Insurance PJSC, headquartered in the United Arab Emirates (AE), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Mashreqbank PSC, which may influence its climate commitments and initiatives. While Sukoon Insurance PJSC has not established its own reduction targets or climate pledges, it is important to note that any potential climate strategies or emissions data may be inherited from its parent company, Mashreqbank PSC. This relationship suggests that Sukoon may align its sustainability efforts with the broader initiatives of Mashreqbank, which could include commitments to reduce carbon emissions and enhance environmental performance. As of now, Sukoon Insurance PJSC's climate commitments remain unspecified, and the company has not disclosed any significant reduction targets or achievements. The lack of emissions data and specific climate initiatives highlights an opportunity for Sukoon to develop and communicate its environmental strategy more effectively in the future.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 16,150 | 00,000 | 00,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,732,180 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 24,540 | 000,000 | 000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Sukoon Insurance PJSC's Industry?
How Carbon Intensive is Sukoon Insurance PJSC's Location?
Sukoon Insurance PJSC's Scope 3 Categories Breakdown
Sukoon Insurance PJSC's Scope 3 emissions, which increased by 86% last year and increased significantly since 2020, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 47% of Scope 3 emissions.
Top Scope 3 Categories
Sukoon Insurance PJSC'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.
Sukoon Insurance PJSC 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.
