Samsung Fire & Marine Insurance Co Ltd

Common Name
Samsung Fire & Marine Insurance
Country
South Korea
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
5,329
Ticker
000810
Exchange
KOREA EXCHANGE
Description
Samsung Fire & Marine Insurance Co., Ltd. is a major player in the insurance industry, offering a variety of services primarily centered around risk management and financial protection. The firm provi...

Samsung Fire & Marine Insurance's Climate Target Data Preview

As of 2024, Samsung Fire & Marine Insurance has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, 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 Samsung Fire & Marine Insurance ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
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Verified Sources Behind Samsung Fire & Marine Insurance’s Climate Targets Data

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a. Samsung Fire & Marine Insurance's Integrated Report 2024
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Insights into Samsung Fire & Marine Insurance's Greenhouse Gas Emissions Pathways

As of 2024, Samsung Fire & Marine Insurance has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a

Does Samsung Fire & Marine Insurance have a target to reduce the emissions from its operations?

As of 2024, Samsung Fire & Marine Insurance has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Samsung Fire & Marine Insurance's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 21,124 Metric Tonnes of CO2 equivalent (mtCO2e) in 2017. a

As of 2023, Samsung Fire & Marine Insurance is ahead of schedule on its operational emissions reduction target, having achieved 56.76% of the planned reduction. a

Samsung Fire & Marine Insurance's Operational (Scope 1+2) Emissions Pathway

20172023203005.5 k11 k16.5 k22 kBaselineCurrent (-28%)Target 2030 (-50%)
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