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Taiwan Fire & Marine Insurance Co

Sustainability Report and Carbon Intensity Rankings

Is Taiwan Fire & Marine Insurance Co doing their part?

Their DitchCarbon score is 40

Taiwan Fire & Marine Insurance Co has a DitchCarbon Score of 40 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement in reducing emissions. A higher score would denote a lower carbon intensity and a stronger commitment to environmental sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Taiwan Fire & Marine Insurance Co operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

Taiwan Fire & Marine Insurance Co’s sustainability efforts are influenced by Taiwan’s national carbon intensity. If Taiwan has a high carbon intensity, it suggests that the company may face challenges in reducing its environmental impact due to the regional energy mix.
10.83%

...this company is doing 10.83% worse in emissions than the industry average.

Taiwan Fire & Marine Insurance Co., located in Taiwan, operates within the finance sector and was established in the year 1947. The company specializes in providing a comprehensive range of insurance products, including fire, marine, and various other non-life insurance services. With its long-standing presence, it has become a trusted name in the Taiwanese insurance industry.

Bad news, Taiwan Fire & Marine Insurance hasn't set SBTi goals.

Taiwan Fire & Marine Insurance Co has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is yet to define and announce clear, science-based targets for reducing greenhouse gas emissions in line with global efforts to limit climate change.

There’s always room for improvement,

DitchCarbon recommends...

HMS Networks should explore the installation of on-site renewable energy sources like solar panels or wind turbines to potentially reduce their scope 2 emissions from purchased electricity by 20%.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.