Samsung Fire & Marine Insurance Co Ltd
Samsung Fire & Marine Insurance's GHG Emissions Data Preview
In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Samsung Fire & Marine Insurance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Samsung Fire & Marine Insurance amounted to 15,129.96 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Samsung Fire & Marine Insurance increased by 2.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.
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 2023, the total Scope 1 emissions of Samsung Fire & Marine Insurance were 3,144.12 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Samsung Fire & Marine Insurance reduced its Scope 1 emissions over time?
Since 2020, Samsung Fire & Marine Insurance's Scope 1 emissions have decreased by 2.75%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Samsung Fire & Marine Insurance's Scope 1 emissions increased by 3.46%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Samsung Fire & Marine Insurance's Scope 2 emissions?
In 2023, Samsung Fire & Marine Insurance reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 11,985.84 tCOâ‚‚e using the location-based method.
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 remained relatively stable, indicating that Samsung Fire & Marine Insurance 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), 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.
What methodology does Samsung Fire & Marine Insurance use for Scope 2 reporting?
In 2023, Samsung Fire & Marine Insurance reported its Scope 2 emissions using the market-based method and using the location-based method.
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 2023, Samsung Fire & Marine Insurance reported 9,497,510.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Samsung Fire & Marine Insurance includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
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 2023, Samsung Fire & Marine Insurance reported total Scope 3 emissions of 9,497,510.5 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.26% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.74% came from downstream activities like product use, distribution, and end-of-life treatment.
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 232,625.08%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Samsung Fire & Marine Insurance's Scope 3 emissions decreased by 40.38%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Samsung Fire & Marine Insurance disclose?
In 2023, Samsung Fire & Marine Insurance reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Samsung Fire & Marine Insurance's Scope 3 emissions?
In 2023, the largest contributors to Samsung Fire & Marine Insurance's Scope 3 emissions were:
- Investments (Cat. 15): 9,471,000 tCOâ‚‚e (99.72%)
- Upstream Leased Assets (Cat. 8): 16,565.57 tCOâ‚‚e (0.17%)
- Employee Commuting (Cat. 7): 2,169.64 tCOâ‚‚e (0.02%)
Samsung Fire & Marine Insurance's Scope 3 Emissions by Categories
Insights into Samsung Fire & Marine Insurance's Total Carbon Footprint
In 2023, Samsung Fire & Marine Insurance reported a total carbon footprint of 9,512,640.46 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.34% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Samsung Fire & Marine Insurance's total carbon footprint was Scope 3 emissions, accounting for 99.84% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%.