Mercuries Life Insurance Co Ltd
Mercuries Life Insurance's GHG Emissions Data Preview
In 2023, Mercuries Life Insurance completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Mercuries Life Insurance has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Mercuries Life Insurance’s Greenhouse Gas (GHG) Emissions Data
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Insights into Mercuries Life Insurance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Mercuries Life Insurance amounted to 7,895.314 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Mercuries Life Insurance decreased by 17.83%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
Mercuries Life Insurance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Mercuries Life Insurance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Mercuries Life Insurance were 518.251 metric tons of CO₂ equivalent (tCO₂e). a
Compared to the previous year (2022), Mercuries Life Insurance's Scope 1 emissions increased by 19.45%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Mercuries Life Insurance's Scope 2 emissions?
In 2023, Mercuries Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 7,377.063 tCO₂e without specifying the calculation method. a
Has Mercuries Life Insurance reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Mercuries Life Insurance's Scope 2 emissions (Unspecified Calculation Method) fell by 19.59% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a b
What methodology does Mercuries Life Insurance use for Scope 2 reporting?
In 2023, Mercuries Life Insurance reported its Scope 2 emissions using an unspecified methodology. a
Mercuries Life Insurance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Mercuries Life Insurance's Value Chain Emissions
In 2023, Mercuries Life Insurance reported 11.11 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of Mercuries Life Insurance includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Mercuries Life Insurance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Mercuries Life Insurance's Scope 3 emissions?
In 2023, Mercuries Life Insurance reported total Scope 3 emissions of 11.11 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Compared to the previous year (2022), Mercuries Life Insurance's Scope 3 emissions increased by 58.26%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Mercuries Life Insurance disclose?
In 2023, Mercuries Life Insurance reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Mercuries Life Insurance's Scope 3 emissions?
In 2023, the largest contributors to Mercuries Life Insurance's Scope 3 emissions were: a
- Business Travel (Cat. 6): 11.11 tCO₂e (100%)
Mercuries Life Insurance's Scope 3 Emissions by Categories
Insights into Mercuries Life Insurance’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Mercuries Life Insurance reported Scope 1 greenhouse gas (GHG) emissions of 518.251 tCO₂e and total revenues of USD 4,017 millions. This translates into an emissions intensity of 0.13 tCO₂e per millions USD. a
Mercuries Life Insurance's Scope 1 Emissions Intensity Compared to Peers
How does Mercuries Life Insurance's GHG emissions intensity compare to its peers?
In 2023, Mercuries Life Insurance reported a Scope 1 emissions intensity of 0.13 tCO₂e per millions USD. Compared to the peer group median of 0.95 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Mercuries Life Insurance rank on GHG emissions intensity within its industry?
In 2023, Mercuries Life Insurance ranked 2 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Mercuries Life Insurance among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Mercuries Life Insurance's Total Carbon Footprint
In 2023, Mercuries Life Insurance reported a total carbon footprint of 7,906.424 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.77% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Mercuries Life Insurance's total carbon footprint was Scope 2 emissions, accounting for 93.3% of the company's total carbon footprint, followed by Scope 1 emissions at 6.55%. a