Watania International Holding, commonly referred to as Watania, is a prominent player in the insurance and financial services sector, headquartered in the United Arab Emirates (AE). Established in 2010, the company has rapidly expanded its operations across the Middle East, offering a diverse range of innovative insurance solutions and investment services. Watania is renowned for its unique approach to Takaful (Islamic insurance), providing Sharia-compliant products that cater to both individual and corporate clients. With a commitment to customer-centric service and technological advancement, Watania has positioned itself as a leader in the industry, achieving significant milestones in customer satisfaction and market share. The company continues to enhance its portfolio, ensuring it meets the evolving needs of its clientele while maintaining a strong reputation for reliability and integrity.
How does Watania International Holding'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.
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.
Watania International Holding's score of 27 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Watania International Holding reported total carbon emissions of approximately 213,000 kg CO2e from Scope 3, 103,366 kg CO2e from Scope 2, and 51,207 kg CO2e from Scope 1. This represents a significant increase in emissions compared to 2022, where the company recorded about 150,000 kg CO2e in Scope 3, 86,000 kg CO2e in Scope 2, and 21,610 kg CO2e in Scope 1. Despite the rise in emissions, Watania International Holding has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate commitments or pledges suggests a need for enhanced strategies to address their environmental impact. The company operates within a global context where many organisations are increasingly prioritising sustainability and carbon reduction, highlighting the importance of establishing clear climate action plans.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | |
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Scope 1 | 21,610 | 00,000.00 |
Scope 2 | 86,000 | 000,000.00 |
Scope 3 | 150,000 | 000,000 |
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.
Watania International Holding 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.