United Overseas Insurance Limited
United Overseas Insurance Limited (UOI) is a prominent player in the insurance industry, headquartered in Singapore (SG). Established in 1971, the company has built a strong reputation for providing a comprehensive range of insurance solutions, including general insurance, life insurance, and health insurance. UOI's commitment to customer-centric services and innovative products has positioned it as a trusted provider in the region. With a focus on both individual and corporate clients, UOI offers unique products tailored to meet diverse needs, such as travel insurance and property coverage. The company has achieved significant milestones over the years, reinforcing its market position through strategic partnerships and a robust distribution network. As a result, United Overseas Insurance Limited continues to be a key player in the Southeast Asian insurance landscape, known for its reliability and expertise.
DitchCarbon Score
How does United Overseas Insurance Limited'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 Financial Intermediation 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
United Overseas Insurance Limited's score of 13 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
United Overseas Insurance Limited's reported carbon emissions
In 2023, United Overseas Insurance Limited (UOI) reported carbon emissions of approximately 10,521,000 kg CO2e for Scope 1 and 9,462,000 kg CO2e for Scope 2, totalling about 19,983,000 kg CO2e. This marks a significant reduction from 2022, where emissions were approximately 12,583,000 kg CO2e for Scope 1 and 11,750,000 kg CO2e for Scope 2. Over the years, UOI has demonstrated a commitment to reducing its carbon footprint. In 2022, the company achieved a total of about 24,333,000 kg CO2e across both scopes, indicating a downward trend in emissions. The emissions for 2021 were notably higher, with Scope 1 at approximately 17,155,000 kg CO2e and Scope 2 at about 16,083,000 kg CO2e. Despite these reductions, UOI has not set specific reduction targets or made formal climate pledges, which may limit its ability to align with industry standards for climate action. The company has disclosed emissions data for Scopes 1 and 2, but there is no reported data for Scope 3 emissions, which typically encompass indirect emissions from the supply chain and other activities. Overall, UOI's recent emissions data reflects a positive trajectory towards reducing its carbon impact, although further commitments and targets could enhance its sustainability efforts.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 133,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 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.
United Overseas Insurance Limited 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.
