Yuanta Life Insurance Co., Ltd. Sustainability Profile
Yuanta Life Insurance Co., Ltd., headquartered in Taiwan (TW), is a prominent player in the life insurance industry, offering a diverse range of financial products and services. Founded in 1961, the company has established itself as a trusted provider, with a strong presence in major operational regions across Asia. Specialising in life insurance, health insurance, and investment-linked products, Yuanta Life distinguishes itself through innovative solutions tailored to meet the evolving needs of its clients. The company has achieved significant milestones, including recognition for its customer service excellence and financial stability. With a commitment to enhancing the financial well-being of its policyholders, Yuanta Life Insurance Co., Ltd. continues to solidify its market position, making it a key contender in the competitive landscape of life insurance in Taiwan and beyond.
DitchCarbon Score
How does Yuanta Life Insurance Co., 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
Yuanta Life Insurance Co., Ltd.'s score of 45 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Yuanta Life Insurance Co., Ltd., headquartered in Taiwan (TW), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Yuanta Financial Holding Co., Ltd., which may influence its climate commitments and reporting practices. As part of its corporate family, Yuanta Life Insurance's climate initiatives and targets are likely aligned with those of Yuanta Financial Holding Co., Ltd. However, no specific reduction targets or climate pledges have been disclosed for Yuanta Life Insurance itself. The absence of documented reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. In the broader context, Yuanta Financial Holding Co., Ltd. may have established climate commitments, including participation in initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which could impact Yuanta Life Insurance's future emissions reporting and reduction strategies. However, specific details regarding these initiatives and their implications for Yuanta Life Insurance are not available at this time.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 28,170 | 00,000 | 00,000 | 0,000,000 | 000,000 | - | - | - | - | - | - |
| Scope 2 | 2,887,590 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Yuanta Life Insurance Co., Ltd.'s Industry?
How Carbon Intensive is Yuanta Life Insurance Co., Ltd.'s Location?
Yuanta Life Insurance Co., Ltd.'s Scope 3 Categories Breakdown
Yuanta Life Insurance Co., Ltd.'s Scope 3 emissions, which decreased by 17% last year and decreased by approximately 83% since 2018, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 20% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
Yuanta Life Insurance Co., Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Yuanta Life Insurance Co., Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
