Tune Protect Group Berhad
Tune Protect Group Berhad, commonly referred to as Tune Protect, is a prominent player in the insurance and pension funding services sector, headquartered in Malaysia (MY). Established in 2014, the company has rapidly evolved, focusing on innovative insurance solutions that cater to both individual and corporate clients across the region.
Specialising in general insurance, travel insurance, and digital insurance products, Tune Protect distinguishes itself through its customer-centric approach and technology-driven services. The company has achieved significant milestones, including partnerships with major airlines and travel agencies, enhancing its market presence.
With a commitment to providing accessible and affordable insurance solutions, Tune Protect has positioned itself as a trusted name in the industry, continually striving to meet the evolving needs of its customers while maintaining a strong competitive edge in the Malaysian market and beyond.
-1 vs industry average
Tune Protect Group Berhad’s score of 38 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Tune Protect Group Berhad's reported carbon emissions
Tune Protect Group Berhad, an insurer based in Malaysia, reported a total of approximately 1,455,300 kg CO2e in emissions for the 2023 financial year. This total encompasses Scope 1 emissions, primarily from mobile combustion, amounting to about 12,800 kg CO2e, and Scope 2 emissions from purchased electricity, totalling approximately 347,700 kg CO2e. Scope 3 emissions for the same year included an estimated 418,100 kg CO2e from employee commutes.
In 2024, the company's emissions data shows Scope 1 emissions from mobile combustion at approximately 17,200 kg CO2e and Scope 2 emissions from purchased electricity at about 351,300 kg CO2e. Scope 3 emissions for 2024 included business travel at approximately 62,700 kg CO2e and employee commutes at about 327,700 kg CO2e, with waste generated in operations contributing around 40 kg CO2e.
Tune Protect Group Berhad has a climate commitment to reduce Scope 2 Greenhouse Gas (GHG) emissions by 20% by 2025 and 30% by 2030, using the 2019 financial year as a baseline, which recorded 6,976 tonnes of CO2e.
For the 2022 financial year, Scope 1 emissions were approximately 12,500 kg CO2e and Scope 2 emissions were approximately 365,300 kg CO2e, for a combined total of about 377,800 kg CO2e.
In 2021, Scope 1 emissions from mobile combustion were reported at about 14,500 kg CO2e, and Scope 2 emissions from purchased electricity were approximately 331,200 kg CO2e, resulting in a combined total of about 345,700 kg CO2e.
In 2020, Scope 1 emissions totalled approximately 23,300 kg CO2e, with Scope 3 business travel emissions at about 334,300 kg CO2e. The combined Scope 1 and 2 emissions were approximately 357,600 kg CO2e.
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Tune Protect Group Berhad’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
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Emissions comparison with industry peers
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