The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company Sustainability Profile
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.
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 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.
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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.
How Carbon Intensive is The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's Industry?
How Carbon Intensive is The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's Location?
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
