National Reinsurance Corp of the Philippines 2023 IR
The report outlines the financial and sustainability performance of the National Reinsurance Corporation of the Philippines (Nat Re) for the year 2023. The company achieved a record net profit of Php 536.1 million, representing an 862% increase from 2022. In sustainability, Nat Re maintained its Php 160 million investment in government sustainable bonds and Php 41.7 million in renewable energy green bonds. Additionally, the company initiated its first greenhouse gas emissions measurement, recording 170.4 tCO2-e in total emissions, and planted 850 native trees in the Sierra Madre mountain range to support carbon sequestration.
Company: National Reinsurance Corp of the Philippines
Sector: Financials
Country: Philippines
Year: 2023
Type: IR
Pages: 30
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National Reinsurance Corp of the Philippines
Annual And Sustainability Report
The report outlines the financial and sustainability performance of the National Reinsurance Corporation of the Philippines (Nat Re) for the year 2023. The company achieved a record net profit of Php 536.1 million, representing an 862% increase from 2022. In sustainability, Nat Re maintained its Php 160 million investment in government sustainable bonds and Php 41.7 million in renewable energy green bonds. Additionally, the company initiated its first greenhouse gas emissions measurement, recording 170.4 tCO2-e in total emissions, and planted 850 native trees in the Sierra Madre mountain range to support carbon sequestration.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women in Management
Employees