Nan Shan Life
Nan Shan Life Insurance Co., Ltd., commonly referred to as Nan Shan Life, is a prominent player in the insurance industry, headquartered in Taipei, Taiwan (TW). Established in 1963, the company has grown to become one of the leading life insurance providers in the region, with a strong presence across various operational areas in Asia. Specialising in life insurance, health insurance, and annuity products, Nan Shan Life distinguishes itself through innovative offerings and customer-centric services. The company has achieved significant milestones, including a robust market position and recognition for its financial stability and comprehensive product range. With a commitment to excellence, Nan Shan Life continues to set benchmarks in the insurance sector, ensuring peace of mind for its clients through tailored solutions and exceptional service.
DitchCarbon Score
How does Nan Shan Life's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Nan Shan Life's score of 40 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nan Shan Life's reported carbon emissions
In 2023, Nan Shan Life Insurance Company, based in Taiwan (TW), reported total carbon emissions of approximately 165,196,000 kg CO2e from Scope 3, primarily due to business travel. Their Scope 1 emissions were about 2,196,530 kg CO2e, while Scope 2 emissions totalled approximately 18,740,407 kg CO2e. The combined emissions from Scope 1 and Scope 2 amounted to around 20,936,937 kg CO2e. Comparatively, in 2022, the company recorded Scope 1 emissions of about 1,766,859 kg CO2e and Scope 2 emissions of approximately 18,757,860 kg CO2e, with Scope 3 emissions from business travel at around 63,382,000 kg CO2e. This indicates a significant reliance on business travel for their overall carbon footprint. Nan Shan Life has committed to long-term climate targets, aiming for net-zero emissions across all scopes by 2050. Their portfolio targets cover 49% of total investment and lending by total balance sheet assets as of 2022, with required activities making up 49%, optional activities at 13%, and out-of-scope activities at 38%. The company has set near-term targets aligned with a 1.5°C pathway, with specific goals for 2028 and 2030. These commitments reflect Nan Shan Life's proactive approach to addressing climate change and reducing their carbon emissions in line with industry standards.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 895,350 | - | 0,000,000 | 0,000,000 |
| Scope 2 | 11,227,010 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Nan Shan Life is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
