The CIC Insurance Group Plc
The CIC Insurance Group Plc, commonly referred to as CIC Insurance, is a prominent player in the insurance industry, headquartered in Kenya (KE). Established in 1968, the company has grown to become a leading provider of a diverse range of insurance products and services, including life, health, and general insurance. CIC Insurance is renowned for its customer-centric approach and innovative solutions tailored to meet the unique needs of individuals and businesses across East Africa. With a strong market presence, the company has achieved significant milestones, including expanding its operations into various regions and enhancing its product offerings. CIC Insurance's commitment to excellence and its strategic focus on sustainability have solidified its position as a trusted insurer, making it a key contributor to the growth of the insurance sector in Kenya and beyond.
DitchCarbon Score
How does The CIC Insurance Group 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.
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
The CIC Insurance Group Plc's score of 15 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The CIC Insurance Group Plc's reported carbon emissions
In 2023, The CIC Insurance Group Plc reported total carbon emissions of approximately 469,000 kg CO2e. This figure includes 245,000 kg CO2e from Scope 1 emissions, primarily from mobile combustion (229,000 kg CO2e) and stationary combustion (16,000 kg CO2e). Additionally, Scope 2 emissions accounted for about 224,000 kg CO2e, all attributed to purchased electricity. Currently, The CIC Insurance Group has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. As a result, their climate commitments remain unclear within the context of industry standards. The company operates in a sector increasingly focused on sustainability, and further transparency regarding their climate strategies would align with growing expectations for corporate responsibility in emissions management.
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| 2023 | |
|---|---|
| Scope 1 | 245,000 |
| Scope 2 | 224,000 |
| Scope 3 | - |
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.
The CIC Insurance Group 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.
