In 2024, Samsung Fire & Marine Insurance disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.
Samsung Fire & Marine Insurance disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.
| Metric (GJ) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Energy Consumption | 361,435a | 361,261a | 349,901a | |
Non-Renewable Energy Consumption | 343,323a | 351,322a | 347,446a | |
Renewable Energy Consumption | 18,112a | 9,940a | 2,455a | |
Renewable Energy Production | 2,401a | 2,300a | 2,455a |
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In 2024, Samsung Fire & Marine Insurance consumed a total of 361,434.92 Gigajoules of energy across its operations. Of this total, 5.01% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 94.99% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.a
In 2024, Samsung Fire & Marine Insurance consumed a total of 361,434.92 Gigajoules of energy, of which 5.01% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.a
This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Samsung Fire & Marine Insurance has considerable room to improve its energy sustainability strategy.
Since 2022, Samsung Fire & Marine Insurance's total energy consumption increased by 3.3%, but remained relatively stable in 2024, possibly indicating a plateau in energy growth.a
Over the same period, the share of renewable energy in Samsung Fire & Marine Insurance's consumption increased by 614.14%, including a 82.13% increase in 2024, showing consistent progress in clean energy adoption.a
Overall, Samsung Fire & Marine Insurance’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.