Taiwan Life Insurance Co. Ltd., commonly referred to as Taiwan Life, is a prominent player in the insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1963, the company has grown significantly, offering a diverse range of life insurance products and services tailored to meet the needs of individuals and families across Taiwan and beyond. With a strong focus on innovation, Taiwan Life provides unique offerings such as whole life, term life, and health insurance plans, designed to ensure financial security and peace of mind for its policyholders. The company has achieved notable milestones, including recognition for its customer service excellence and commitment to sustainable practices. As a leading insurer in the region, Taiwan Life continues to strengthen its market position through strategic initiatives and a customer-centric approach.
How does Taiwan Life Insurance Co. Ltd.'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.
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.
Taiwan Life Insurance Co. Ltd.'s score of 35 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Taiwan Life Insurance Co. Ltd. reported total emissions of approximately 5,502,000 kg CO2e, comprising 758,000 kg CO2e from Scope 1, 4,744,000 kg CO2e from Scope 2, and 139,000 kg CO2e from Scope 3 emissions. This marks a notable decrease in emissions intensity, with a reported intensity of 1,230 kg CO2e per employee. In the previous year, 2022, the company had total emissions of about 5,056,000 kg CO2e, with Scope 1 emissions at 315,000 kg CO2e, Scope 2 at 4,741,000 kg CO2e, and Scope 3 at 143,000 kg CO2e. This indicates a trend towards reducing overall emissions, particularly in Scope 1 and 2 categories. Despite these reductions, Taiwan Life Insurance Co. Ltd. has not set specific reduction targets or climate pledges as part of their sustainability strategy. The company continues to disclose emissions across all three scopes, reflecting a commitment to transparency in their environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 |
Scope 2 | - | 0,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 4,631,990 | 0,000,000 | 0,000,000 | 000,000.0 | 000,000 | 000,000 |
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 Life Insurance Co. Ltd. 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.