- Global economic uncertainties, including inflation, high interest rates, and geopolitical uncertainties
- Increase in net expenses from reinsurance contracts due to lower claims recovery
- Climate change posing significant risks to the insurance sector
- Technological disruption and the need for robust digital platforms
- Demographic shifts in Singapore, including low birth rates and an aging population
United Overseas Insurance Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, United Overseas Insurance Limited disclosed greenhouse gas emissions of 207 tCO2e. By scope: Scope 2: 207 tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
207 tCO2e
2023
Waste
4.0K kg
2023
Energy Use
496.3K kWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 207 tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced office paper use by 12% compared to 2022 (13,695 kg)
- Reduced general waste generated by 23% compared to the previous year
- UOI Building received Green Mark Certification from the Building and Construction Authority (BCA) of Singapore.
🌱 ESG Focus Areas
Client SatisfactionDigitalisationRegulationsResponsible InvestmentClimate changeTalent managementBuilding a risk-focused organisation culture