Samsung Fire & Marine Insurance Co Ltd
Samsung Fire & Marine Insurance's GHG Emissions Data Preview
In 2024, Samsung Fire & Marine 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).
Samsung Fire & Marine Insurance has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 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.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | 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. a | 0000000 |
Location-Based | 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.  a | 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.  a | 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.  a | 0000000 |
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Verified Sources Behind Samsung Fire & Marine Insurance’s Greenhouse Gas (GHG) Emissions Data
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Insights into Samsung Fire & Marine Insurance's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Samsung Fire & Marine Insurance amounted to 33,933.06 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 2023, the total operational greenhouse gas (GHG) emissions of Samsung Fire & Marine Insurance decreased by 1.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Samsung Fire & Marine Insurance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Samsung Fire & Marine Insurance's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Samsung Fire & Marine Insurance were 5,793.81 metric tons of CO₂ equivalent (tCO₂e). a
Has Samsung Fire & Marine Insurance reduced its Scope 1 emissions over time?
Since 2020, Samsung Fire & Marine Insurance's Scope 1 emissions have increased by 79.21%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Samsung Fire & Marine Insurance's Scope 1 emissions increased by 1.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are Samsung Fire & Marine Insurance's Scope 2 emissions?
In 2024, Samsung Fire & Marine Insurance reported Scope 2 greenhouse gas (GHG) emissions of 26,134.51 tCO₂e using the market-based method and 28,139.25 tCO₂e using the location-based method. a
Has Samsung Fire & Marine Insurance reduced its Scope 2 emissions over time?
Since 2020, Samsung Fire & Marine Insurance's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 136.07%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), Samsung Fire & Marine Insurance's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Samsung Fire & Marine Insurance 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Samsung Fire & Marine Insurance use for Scope 2 reporting?
In 2024, Samsung Fire & Marine Insurance reported its Scope 2 emissions using the market-based method and using the location-based method. a
Samsung Fire & Marine Insurance's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Samsung Fire & Marine Insurance's Value Chain Emissions
In 2024, Samsung Fire & Marine Insurance reported 8,571,041.7 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 2024 disclosure of Samsung Fire & Marine Insurance includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 10 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a
Samsung Fire & Marine Insurance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Samsung Fire & Marine Insurance's Scope 3 emissions?
In 2024, Samsung Fire & Marine Insurance reported total Scope 3 emissions of 8,571,041.7 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.14% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.86% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Samsung Fire & Marine Insurance reduced its Scope 3 emissions over time?
Since 2020, Samsung Fire & Marine Insurance's Scope 3 emissions have increased by 209,923.08%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Samsung Fire & Marine Insurance's Scope 3 emissions remained relatively stable, indicating that Samsung Fire & Marine Insurance 's emissions have plateaued with no significant change in its value chain footprint. a
What categories of Scope 3 emissions does Samsung Fire & Marine Insurance disclose?
In 2024, Samsung Fire & Marine Insurance reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Samsung Fire & Marine Insurance's Scope 3 emissions?
In 2024, the largest contributors to Samsung Fire & Marine Insurance's Scope 3 emissions were: a
- Investments (Cat. 15): 8,557,000 tCO₂e (99.84%)
- Employee Commuting (Cat. 7): 5,325.3 tCO₂e (0.06%)
- Fuel- and Energy-Related Services (Cat. 3): 2,635.4 tCO₂e (0.03%)
Samsung Fire & Marine Insurance's Scope 3 Emissions by Categories
Insights into Samsung Fire & Marine Insurance's Total Carbon Footprint
In 2024, Samsung Fire & Marine Insurance reported a total carbon footprint of 8,604,974.76 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 9.72% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Samsung Fire & Marine Insurance's total carbon footprint was Scope 3 emissions, accounting for 99.61% of the company's total carbon footprint, followed by Scope 2 emissions at 0.33%. a