Samsung Life Insurance Co Ltd

Common Name
Samsung Life Insurance
Country
South Korea
Sector
Financial Services
Industry
Insurance - Life
Employees
4,819
Ticker
032830
Exchange
KOREA EXCHANGE
Description
Samsung Life Insurance Co., Ltd. is a prominent player in the life insurance sector, primarily engaged in the provision of life and health insurance products. As a subsidiary of the Samsung Group, it ...

Samsung Life Insurance's Climate Target Data Preview

As of 2024, Samsung Life 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 Life 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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2024

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Insights into Samsung Life Insurance's Greenhouse Gas Emissions Pathways

As of 2024, Samsung Life 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.

Does Samsung Life Insurance have a target to reduce the emissions from its operations?

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

Samsung Life Insurance's most ambitious operational target is to reduce these emissions by 2% by 2024, compared to a baseline of 66,856 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

Samsung Life Insurance's Operational (Scope 1+2) Emissions Pathway

20232024020 k40 k60 k80 kTarget 2024 (-2%)
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