Waica Reinsurance
Waica Reinsurance Corporation Limited, commonly referred to as Waica Re, is a prominent player in the reinsurance industry, headquartered in Sierra Leone (SL). Established in 2010, the company has rapidly expanded its operations across West Africa, providing innovative reinsurance solutions tailored to the unique needs of its clients. Specialising in life and non-life reinsurance, Waica Re distinguishes itself through its commitment to customer-centric services and robust risk management strategies. The company has achieved significant milestones, including establishing a strong market presence and earning recognition for its financial stability and reliability. With a diverse portfolio of products and services, Waica Re continues to solidify its position as a leading reinsurer in the region, catering to a wide array of insurance companies and fostering growth within the insurance sector.
DitchCarbon Score
How does Waica Reinsurance'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
Waica Reinsurance's score of 32 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Waica Reinsurance's reported carbon emissions
In 2023, Waica Reinsurance reported carbon emissions of approximately 36,261,000 kg CO2e from Scope 1 sources, with no emissions recorded for Scope 3. This follows a trend of fluctuating emissions over previous years, with the highest recorded emissions in 2019 at about 132,389,000 kg CO2e for Scope 3, alongside 115,598,000 kg CO2e for Scope 1 and 130,075,000 kg CO2e for Scope 2. The company has made significant commitments towards climate action, pledging to achieve net-zero emissions by 2050. This commitment encompasses all scopes of emissions and aligns with the Science Based Targets initiative (SBTi). Waica Reinsurance is actively working towards this long-term goal, having started its journey in 2023. Overall, Waica Reinsurance's emissions data reflects a proactive approach to understanding and managing its carbon footprint, while its net-zero commitment demonstrates a dedication to sustainable practices in the financial and insurance sectors.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 33,100,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 76,049,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 80,353,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | - | - |
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.
Waica Reinsurance is committed to some 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.
