Watania International Holding
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the 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
Watania International Holding's score of 27 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Watania International Holding's reported carbon emissions
In 2023, Watania International Holding reported total carbon emissions of approximately 213,000 kg CO2e, comprising 51,207.31 kg CO2e from Scope 1, 103,365.81 kg CO2e from Scope 2, and 150,000 kg CO2e from Scope 3 emissions. This represents an increase from 2022, where total emissions were about 150,000 kg CO2e, with Scope 1 emissions at 21,610 kg CO2e and Scope 2 emissions at 86,000 kg CO2e. Despite the rise in emissions, Watania International Holding has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions intensity was reported at 414.4 kg CO2e in 2023, up from 326.4 kg CO2e in the previous year, highlighting a need for enhanced climate action and commitment to sustainability practices.
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Add to project| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 21,610 | 00,000.00 |
| Scope 2 | 86,000 | 000,000.00 |
| Scope 3 | 150,000 | 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.
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.
