Unionlife Insurance Company,Ltd. Sustainability Profile
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 20 is lower than 83% 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 a greenhouse gas (GHG) emission of approximately 1,240 kg CO2e per employee, although specific total emissions data for Scope 1, 2, and 3 were not disclosed. The company has not set any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a lack of structured climate action initiatives at this time. Unionlife Insurance Company, Ltd. does not inherit emissions data from a parent company, and all reported figures are derived solely from its own operations. The absence of detailed emissions data and reduction strategies suggests that the company may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
How Carbon Intensive is Unionlife Insurance Company,Ltd.'s Industry?
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Unionlife Insurance Company,Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Unionlife Insurance Company,Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
