Unionlife Insurance Company,Ltd.
Unionlife Insurance Company, Ltd., headquartered in China, is a prominent player in the insurance industry, specialising in life insurance and asset management services. Established in 2001, the company has steadily expanded its operations across major regions in China, solidifying its reputation as a trusted provider of financial security. Unionlife offers a diverse range of products, including individual and group life insurance, health insurance, and investment-linked policies, distinguished by their customer-centric approach and innovative solutions. The company has achieved significant milestones, positioning itself as a leader in the market with a commitment to enhancing the financial well-being of its clients. With a focus on sustainable growth and customer satisfaction, Unionlife continues to make strides in the competitive insurance landscape.
DitchCarbon Score
How does Unionlife Insurance Company,Ltd.'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
Unionlife Insurance Company,Ltd.'s score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Unionlife Insurance Company,Ltd.'s reported carbon emissions
In 2023, Unionlife Insurance Company, Ltd. reported total carbon emissions of approximately 966,500 kg CO2e. This figure includes Scope 1 emissions of about 47,460 kg CO2e, Scope 2 emissions of approximately 836,810 kg CO2e, and Scope 3 emissions totalling around 82,230 kg CO2e. Notably, the Scope 3 emissions breakdown reveals that employee commute contributed about 1,300 kg CO2e, waste generated in operations accounted for approximately 150 kg CO2e, and fuel and energy-related activities were responsible for about 80,740 kg CO2e. Despite the detailed emissions reporting, Unionlife has not established specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies indicates a potential area for improvement in their sustainability efforts. As the insurance industry increasingly prioritises climate action, Unionlife's future commitments will be crucial in aligning with global climate goals and enhancing their environmental responsibility.
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| 2023 | |
|---|---|
| Scope 1 | 47,460 |
| Scope 2 | 836,810 |
| Scope 3 | 82,230 |
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.
Unionlife Insurance Company,Ltd. is not participating in any 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.
