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Public Profile
Coal Tar Production
SA
updated 5 months ago

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

Company website

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company, commonly known as MedGulf, is a prominent player in the insurance and reinsurance industry, headquartered in Saudi Arabia. Established in 1989, MedGulf has grown to serve a diverse clientele across the Middle East and North Africa, offering a comprehensive range of insurance solutions. Specialising in life, health, and general insurance, MedGulf distinguishes itself through innovative products tailored to meet the unique needs of its customers. The company has achieved significant milestones, including a strong market position bolstered by its commitment to quality service and customer satisfaction. With a focus on sustainable growth and strategic partnerships, MedGulf continues to enhance its reputation as a trusted insurance provider in the region.

DitchCarbon Score

How does The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company'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.

15

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.

19

Industry Benchmark

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's score of 15 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's reported carbon emissions

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company, headquartered in Saudi Arabia, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As a result, the company has not established any significant climate commitments or initiatives aimed at reducing its carbon footprint. Without emissions data or reduction strategies, it is challenging to assess their environmental impact or commitment to sustainability within the insurance and reinsurance sector. In the context of the industry, many companies are increasingly adopting science-based targets and sustainability initiatives to mitigate climate change. However, as of now, The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company has not publicly aligned with such practices.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's primary industry is Coal Tar, which is 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 The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company is in SA, which has a medium 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.

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company 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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