- Intense competition and undercutting in the General Insurance and medical insurance segments.
- Rise in inflation leading to increased claim costs and reduced spending power.
- Rising costs of doing business (IFRS 17 implementation and increased taxation).
- Negative impact of NSE 20 share index decrease on fair value gains.
- Data collection limitations across subsidiaries for certain social metrics.
Jubilee Holdings Ltd
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Jubilee Holdings Ltd disclosed greenhouse gas emissions of 351.0K tCO2e/year. By scope: Scope 1: 77 tCO2e/year; Scope 2: 175 tCO2e/year; Scope 3: 333.1K tCO2e/year. 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
351.0K tCO2e/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 77 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 175 tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 333.1K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 351.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Substantial investment in refurbishing the new office building in Upper Hill, Nairobi, Kenya into a green building with ‘Edge Certification’
- Scope 2 Green House Gas emissions reduced by 48% in 2023 due to the installation of LED lighting in 2022 and changes in computation factors.
- Over 200 staff adopted a desk plant to raise environmental awareness.
- 400 trees planted at Green Acorn Nursery School in Nairobi, Kenya.
- Initiated plastic waste segregation in Kenyan offices.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce carbon emissions by 329Co2 tonnes in 2024 (mainly Scope 2).
📅 Medium-term
- Reduce carbon emissions by 50% and be carbon neutral by 2030.
🔭 Long-term
- Achieve Net Zero Status by 2050.
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionGovernanceEmployee WelfareCustomer EngagementCommunity DevelopmentData ProtectionCyber Security