Samsung Life Insurance Co Ltd

Common Name
Samsung Life Insurance
Country
South Korea
Sector
Financial Services
Industry
Insurance - Life
Employees
461
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 GHG Emissions Data Preview

In 2024, 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 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Samsung Life Insurance’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Samsung Life Insurance’s data sources below and access millions more through our Disclosure Search.

a. Samsung Life Insurance's ESG Report 2025
a. Samsung Life Insurance's ESG Report 2025
b. Samsung Life Insurance's ESG Report 2024
b. Samsung Life Insurance's ESG Report 2024

Insights into Samsung Life Insurance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Samsung Life Insurance amounted to 66,862 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 Life Insurance decreased by 0.21%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Samsung Life Insurance's Scope 1 Emissions Over Time

202120222023202408.5 k17 k25.5 k34 ktCO2e+7%+8%+1%
  • Total Scope 1
  • Year-over-Year Change

What are Samsung Life Insurance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Samsung Life Insurance were 32,288 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Samsung Life Insurance's Scope 1 emissions remained relatively stable, indicating that Samsung Life Insurance's emissions have plateaued with no significant change in its operational footprint. a

What are Samsung Life Insurance's Scope 2 emissions?

In 2024, Samsung Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 31,688 tCO₂e using the market-based method and 34,574 tCO₂e using the location-based method. a

What methodology does Samsung Life Insurance use for Scope 2 reporting?

In 2024, Samsung Life Insurance reported its Scope 2 emissions using the market-based method and using the location-based method. a

Samsung Life Insurance's Scope 2 Emissions Over Time

202120222023202409 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Samsung Life Insurance's Value Chain Emissions

In 2024, Samsung Life Insurance reported 27,736,095 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 Life Insurance includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

Samsung Life Insurance's Scope 3 Emissions Over Time

20202021202220232024010 M20 M30 M40 MtCO2e+1313707%+54%-28%0%
  • Total Scope 3
  • Year-over-Year Change

What are Samsung Life Insurance's Scope 3 emissions?

In 2024, Samsung Life Insurance reported total Scope 3 emissions of 27,736,095 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 0.1% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.9% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Samsung Life Insurance reduced its Scope 3 emissions over time?

Since 2020, Samsung Life Insurance's Scope 3 emissions have increased by 1,445,241.06%, reflecting a rising long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), Samsung Life Insurance's Scope 3 emissions remained relatively stable, indicating that Samsung Life Insurance 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does Samsung Life Insurance disclose?

In 2024, Samsung Life 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 Life Insurance's Scope 3 emissions?

In 2024, the largest contributors to Samsung Life Insurance's Scope 3 emissions were: a

  • Investments (Cat. 15): 27,709,111 tCO₂e (99.9%)
  • Upstream Leased Assets (Cat. 8): 16,566 tCO₂e (0.06%)
  • Fuel- and Energy-Related Services (Cat. 3): 5,292 tCO₂e (0.02%)

Samsung Life Insurance's Scope 3 Emissions by Categories

Investments(Cat. 15)(99.9%)

Insights into Samsung Life Insurance’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Samsung Life Insurance reported Scope 1 greenhouse gas (GHG) emissions of 32,288 tCO₂e and total revenues of USD 16,285 millions. This translates into an emissions intensity of 1.98 tCO₂e per millions USD. a

Samsung Life Insurance's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000500,000Scope 1 Emissions (tCO2e)505005,00050,000200,000Revenues (Millions of USD)TPPrimericaYear: 2023Scope 1: 588 tCO2eRevenue: $M 2,816Scope 1 Intensity: 0.21 tCO2e/$MMeritz Financial GroupYear: 2024Scope 1: 5,468 tCO2eRevenue: $M 2,886Scope 1 Intensity: 1.89 tCO2e/$MJapan Post InsuranceYear: 2024Scope 1: 10,369 tCO2eRevenue: $M 17,934Scope 1 Intensity: 0.58 tCO2e/$MMirae Asset SecuritiesYear: 2024Scope 1: 858 tCO2eRevenue: $M 2,139Scope 1 Intensity: 0.40 tCO2e/$MUnum GroupYear: 2023Scope 1: 5,823 tCO2eRevenue: $M 12,308Scope 1 Intensity: 0.47 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 10,553Scope 1 Intensity: 0.02 tCO2e/$MTTT&D HoldingsYear: 2023Scope 1: 1,651 tCO2eRevenue: $M 15,967Scope 1 Intensity: 0.10 tCO2e/$MChina TaipingYear: 2024Scope 1: 9,400 tCO2eRevenue: $M 17,307Scope 1 Intensity: 0.54 tCO2e/$MChina Life InsuranceYear: 2024Scope 1: 95,978 tCO2eRevenue: $M 41,506Scope 1 Intensity: 2.31 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,301Scope 1 Intensity: 0.26 tCO2e/$MSamsung Fire & Marine InsuranceYear: 2024Scope 1: 5,794 tCO2eRevenue: $M 12,881Scope 1 Intensity: 0.45 tCO2e/$MDai-ichi Life HoldingsYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$MKorea Investment HoldingsYear: 2024Scope 1: 129 tCO2eRevenue: $M 2,051Scope 1 Intensity: 0.06 tCO2e/$MAIA GroupYear: 2024Scope 1: 2,566 tCO2eRevenue: $M 20,349Scope 1 Intensity: 0.13 tCO2e/$MManulife FinancialYear: 2024Scope 1: 123,897 tCO2eRevenue: $M 31,687Scope 1 Intensity: 3.91 tCO2e/$MPPPT Pacific Strategic FinancialYear: 2023Scope 1: 25 tCO2eRevenue: $M 135Scope 1 Intensity: 0.18 tCO2e/$MHanwha Life InsuranceYear: 2023Scope 1: 4,894 tCO2eRevenue: $M 13,441Scope 1 Intensity: 0.36 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MPower Corporation of CanadaYear: 2023Scope 1: 10,379 tCO2eRevenue: $M 29,799Scope 1 Intensity: 0.35 tCO2e/$MLincoln NationalYear: 2024Scope 1: 2,137 tCO2eRevenue: $M 17,988Scope 1 Intensity: 0.12 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 42,679Scope 1 Intensity: 1.04 tCO2e/$MHapvidaYear: 2024Scope 1: 9,637 tCO2eRevenue: $M 4,680Scope 1 Intensity: 2.06 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 102,059Scope 1 Intensity: 0.28 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$M

How does Samsung Life Insurance's GHG emissions intensity compare to its peers?

In 2024, Samsung Life Insurance reported a Scope 1 emissions intensity of 1.98 tCO₂e per millions USD. Compared to the peer group median of 0.37 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Samsung Life Insurance rank on GHG emissions intensity within its industry?

In 2024, Samsung Life Insurance ranked 22 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places Samsung Life Insurance among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into Samsung Life Insurance's Total Carbon Footprint

In 2024, Samsung Life Insurance reported a total carbon footprint of 27,802,957 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.32% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

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 0.12%. a

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