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Public Profile
Insurance Services
TH
updated 11 days ago

Thai Samsung Life Insurance Plc.

Company website

Thai Samsung Life Insurance Plc., headquartered in Thailand, is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment products. Established in 1993, the company has achieved significant milestones, including expanding its operational reach across major regions in Thailand. Specialising in life insurance, health insurance, and savings plans, Thai Samsung Life Insurance distinguishes itself through innovative solutions tailored to meet the evolving needs of its clients. The company is recognised for its commitment to customer service and financial stability, positioning itself as a trusted provider in the competitive insurance market. With a strong market presence, Thai Samsung Life Insurance has garnered numerous accolades, reflecting its dedication to excellence and customer satisfaction. As it continues to grow, the company remains focused on delivering unique value to its policyholders and contributing to the financial well-being of individuals and families across Thailand.

DitchCarbon Score

How does Thai Samsung Life Insurance 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.

23

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.

28

Industry Benchmark

Thai Samsung Life Insurance Plc.'s score of 23 is lower than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

33%

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Thai Samsung Life Insurance Plc.'s reported carbon emissions

In 2021, Thai Samsung Life Insurance Plc. reported a greenhouse gas (GHG) emissions intensity of approximately 0.017 tonnes CO2e per unit of revenue. This figure reflects the company's commitment to monitoring its carbon footprint, although specific absolute emissions data for Scope 1, 2, and 3 are not disclosed. The emissions intensity has shown a gradual decrease from 0.014 tonnes CO2e in 2020 and 0.013 tonnes CO2e in 2019, indicating a positive trend in reducing emissions relative to revenue. Currently, Thai Samsung Life Insurance Plc. does not have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of specific reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. As emissions data is not cascaded from a parent company, all reported figures are directly attributed to Thai Samsung Life Insurance Plc. This highlights the company's independent approach to sustainability and climate commitments within the insurance sector in Thailand.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Thai Samsung Life Insurance Plc.'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 Thai Samsung Life Insurance Plc. is in TH, which has a low grid carbon intensity relative to other regions.

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.

Thai Samsung Life Insurance Plc. 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

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Where does DitchCarbon data come from?

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