TransGlobe Life Insurance Inc., headquartered in Taiwan (TW), is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment products. Founded in the early 1990s, the company has established itself as a trusted provider, serving clients across Taiwan and other major operational regions in Asia. Specialising in life insurance, health insurance, and annuities, TransGlobe distinguishes itself through innovative product offerings and a customer-centric approach. The company has achieved significant milestones, including recognition for its robust financial stability and commitment to service excellence. With a strong market position, TransGlobe Life Insurance Inc. continues to enhance its reputation as a leader in the insurance sector, dedicated to meeting the evolving needs of its policyholders.
How does TransGlobe Life Insurance Inc.'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.
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.
TransGlobe Life Insurance Inc.'s score of 17 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, TransGlobe Life Insurance Inc. reported approximately 4,395,450 kg CO2e in Scope 2 emissions, reflecting a notable increase from 4,044,870 kg CO2e in 2023. The company has consistently disclosed its Scope 2 emissions data, with previous years showing emissions of about 2,554,100 kg CO2e in 2022, 3,477,040 kg CO2e in 2021, and 3,425,000 kg CO2e in 2020. TransGlobe Life Insurance Inc. is committed to reducing its carbon footprint, as indicated by its near-term targets, although specific reduction targets have not been detailed. The company is classified as a financial institution within the insurance sector and is based in Taiwan. It has not yet committed to a net-zero target. The emissions data is cascaded from TransGlobe Life Insurance Inc. itself, with no additional data inherited from a parent organization. The company continues to focus on its climate commitments and aims to enhance its sustainability practices in the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | - | - | - | - | - |
Scope 2 | 3,425,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - | - | - |
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.
TransGlobe Life Insurance Inc. is participating in some 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.