Samsung Life Insurance Co Ltd
Samsung Life Insurance's GHG Emissions Data Preview
In 2023, Samsung Life 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 Life Insurance has also provided a category-level breakdown for 7 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 | ||||
Unspecified Calculation Method | 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 |
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Insights into Samsung Life Insurance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Samsung Life Insurance amounted to 67,003 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 Life Insurance increased by 3.66%, suggesting that the company faced challenges in reducing its emissions from its core operations.
Samsung Life Insurance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Samsung Life Insurance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Samsung Life Insurance were 32,023 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), Samsung Life Insurance's Scope 1 emissions increased by 7.84%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Samsung Life Insurance's Scope 2 emissions?
In 2023, Samsung Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 34,980 tCOâ‚‚e without specifying the calculation method.
Has Samsung Life Insurance reduced its Scope 2 emissions over time?
Compared to the previous year (2022), Samsung Life Insurance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Samsung Life Insurance 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Samsung Life Insurance use for Scope 2 reporting?
In 2023, Samsung Life Insurance reported its Scope 2 emissions using an unspecified methodology.
Samsung Life Insurance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Samsung Life Insurance's Value Chain Emissions
In 2023, Samsung Life Insurance reported 27,825,733 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 Life Insurance includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Samsung Life Insurance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Samsung Life Insurance's Scope 3 emissions?
In 2023, Samsung Life Insurance reported total Scope 3 emissions of 27,825,733 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.97% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Samsung Life Insurance reduced its Scope 3 emissions over time?
Since 2020, Samsung Life Insurance's Scope 3 emissions have increased by 1,449,912.14%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Samsung Life Insurance's Scope 3 emissions decreased by 28.14%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Samsung Life Insurance disclose?
In 2023, Samsung Life Insurance reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Samsung Life Insurance's Scope 3 emissions?
In 2023, the largest contributors to Samsung Life Insurance's Scope 3 emissions were:
- Investments (Cat. 15): 27,816,861 tCOâ‚‚e (99.97%)
- Fuel- and Energy-Related Services (Cat. 3): 3,387 tCOâ‚‚e (0.01%)
- Employee Commuting (Cat. 7): 3,179 tCOâ‚‚e (0.01%)
Samsung Life Insurance's Scope 3 Emissions by Categories
Insights into Samsung Life Insurance's Total Carbon Footprint
In 2023, Samsung Life Insurance reported a total carbon footprint of 27,892,736 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.09% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Samsung Life Insurance's total carbon footprint was Scope 3 emissions, accounting for 99.76% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%.