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 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 includes 1,300 kg CO2e from employee commuting, 150 kg CO2e from waste generated in operations, and about 80,740 kg CO2e from fuel and energy-related activities. Despite the detailed emissions reporting, Unionlife has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of formal climate commitments or reduction strategies suggests that the company may still be in the early stages of developing a comprehensive climate action plan. As the insurance industry increasingly prioritises sustainability, Unionlife's future commitments will be crucial in aligning with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 committed to any reduction initiatives 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.
