Public Profile

Taiwan Fire And Marine Insurance

Taiwan Fire and Marine Insurance Co., Ltd. (TFMI) is a prominent player in the insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1962, TFMI has built a strong reputation for its comprehensive coverage in fire and marine insurance, catering to both individual and corporate clients across Taiwan and the Asia-Pacific region. The company offers a diverse range of products, including property insurance, marine cargo insurance, and liability coverage, distinguished by its customer-centric approach and tailored solutions. TFMI's commitment to innovation and risk management has positioned it as a trusted provider in the market, achieving notable milestones in service excellence and client satisfaction. With a focus on reliability and expertise, Taiwan Fire and Marine Insurance continues to strengthen its market presence and uphold its legacy in the insurance sector.

DitchCarbon Score

How does Taiwan Fire And Marine Insurance'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.

32

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.

27

Industry Benchmark

Taiwan Fire And Marine Insurance's score of 32 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

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Taiwan Fire And Marine Insurance's reported carbon emissions

In 2023, Taiwan Fire And Marine Insurance reported total carbon emissions of approximately 323,568,000 kg CO2e, comprising 52,550,000 kg CO2e from Scope 1 and 271,018,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2021, where total emissions were about 838,695,000 kg CO2e, indicating a commitment to lowering their carbon footprint. The company has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Despite the absence of specific reduction targets or initiatives, the consistent reporting of emissions data reflects an awareness of climate impact and a commitment to transparency. Overall, Taiwan Fire And Marine Insurance is actively monitoring its carbon emissions, demonstrating a proactive approach to climate commitments, although further details on specific reduction strategies or targets would enhance their sustainability profile.

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202120222023
Scope 1
28,613,000
00,000,000
00,000,000
Scope 2
818,901,000
000,000,000
000,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Taiwan Fire And Marine Insurance's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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. This request for Taiwan Fire And Marine Insurance is in TW, which we do not have grid emissions data for.

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.

Taiwan Fire And Marine Insurance is not participating in any of the initiatives that 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.

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

Where does DitchCarbon data come from?

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