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TransGlobe Life Insurance Inc.
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
TransGlobe Life Insurance Inc.'s score of 17 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TransGlobe Life Insurance Inc.'s reported carbon emissions
In 2024, TransGlobe Life Insurance Inc. reported Scope 2 emissions of approximately 4,395,450 kg CO2e, an increase from about 4,044,870 kg CO2e in 2023. The company has consistently disclosed its Scope 2 emissions, with figures 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. has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming to cover 58% of its total investment and lending by total balance sheet assets as of 2023. These targets are designed to ensure that emissions reductions from company operations (Scopes 1 and 2) are consistent with limiting global warming to 1.5°C. The company is classified as a current subsidiary of TransGlobe Life Insurance Inc., with emissions data and targets cascaded from its parent organisation. As of now, TransGlobe Life Insurance Inc. has not committed to a net-zero target. Overall, TransGlobe Life Insurance Inc. is actively working towards reducing its carbon footprint while adhering to industry standards for climate commitments.
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| 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 | - | - | - | - | - |
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.
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.
