Great Eastern Holdings Ltd

Common Name
Great Eastern Holdings
Country
Singapore
Sector
Financial Services
Industry
Insurance - Life
Employees
5,250
Ticker
G07
Exchange
SINGAPORE EXCHANGE
Description
Great Eastern Holdings Ltd. is a prominent insurance company based in Singapore. Its core function is to provide various life insurance solutions, encompassing savings, protection, and retirement plan...

Great Eastern Holdings's Climate Target Data Preview

As of 2024, Great Eastern Holdings has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Great Eastern Holdings ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target
Scope 1 - Total Combustion, Scope 2 - Electricity, Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE)
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a, b
2025
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Gross Written Premium
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b
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Enterprise Value Including Cash / Portfolio companies (EVIC)
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b
2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Enterprise Value Including Cash / Portfolio companies (EVIC)
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b
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Great Eastern Holdings’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Great Eastern Holdings’s data sources below and access millions more through our Disclosure Search.

a. Great Eastern Holdings's Sustainability Report 2023
a. Great Eastern Holdings's Sustainability Report 2023
b. Great Eastern Holdings's Sustainability Report 2024
b. Great Eastern Holdings's Sustainability Report 2024

Insights into Great Eastern Holdings's Greenhouse Gas Emissions Pathways

As of 2024, Great Eastern Holdings has set greenhouse gas (GHG) emissions reduction targets that cover its value chain emissions (Scope 3), without dedicated targets for its operational emissions. This indicates a focus on upstream and downstream climate impacts rather than internal operations. a b

Does Great Eastern Holdings have a target to reduce the emissions from its value chain?

As of 2024, Great Eastern Holdings has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. b

Great Eastern Holdings's most ambitious value chain target is to reduce these emissions by 45% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Singapore Dollar (SGD) of Enterprise Value Including Cash / Portfolio companies (EVIC) in 2020. b

Great Eastern Holdings has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. b

Great Eastern Holdings's Value Chain (Scope 3) Emissions Pathway

20202024203000000BaselineCurrent (-50%)

Does Great Eastern Holdings have a target to reduce its total carbon footprint?

As of 2024, Great Eastern Holdings has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a b

Great Eastern Holdings's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 4.06 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2019, by 30% by 2025. a b

As of 2024, Great Eastern Holdings is lagging behind on its total carbon footprint reduction target, having achieved 72.23% of the planned reduction. a b

Great Eastern Holdings's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20192024202502468BaselineCurrent (-22%)
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