Public Profile

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company

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.

0

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.

1

Industry Benchmark

The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company's score of 0 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 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 have publicly available carbon emissions data for the most recent year. As such, specific figures regarding their carbon footprint, including Scope 1, 2, or 3 emissions, are not disclosed. In the absence of emissions data, it is important to note that the company has not outlined any specific reduction targets or climate commitments. This lack of information suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy or may not have publicly committed to industry-standard climate initiatives. As the insurance and reinsurance sector increasingly prioritises sustainability, it is essential for companies like the Mediterranean and Gulf Cooperative Insurance and Reinsurance Company to establish clear climate commitments and reduction targets to align with global efforts in combating climate change.

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 very high 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. The Mediterranean and Gulf Cooperative Insurance and Reinsurance Company is headquartered in SA, which has a rank of medium, indicating medium grid carbon 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 Mediterranean and Gulf Cooperative Insurance and Reinsurance Company 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers