Union Insurance Co Ltd 2024 SR
The report highlights Union Insurance Company's (UIC) ESG achievements and financial stability for the year 2024. Key highlights include a significant increase in profit to AED 38.3 million and a solvency ratio of 143%. The company demonstrated social commitment through health awareness campaigns, clothes donations, and achieving a 20.8% Emiratisation rate. Environmental initiatives focused on digital transformation to reduce paper use, energy-efficient lighting, and expanded recycling programs for ink cartridges, plastic bottles, and cans. UIC also maintained a diverse workforce with women representing 36% of employees and 14% of the board.
Company: Union Insurance Co Ltd
Sector: Financials
Country: Taiwan
Year: 2024
Type: SR
Pages: 91
Union Insurance Co Ltd
Sustainability Report
The report highlights Union Insurance Company's (UIC) ESG achievements and financial stability for the year 2024. Key highlights include a significant increase in profit to AED 38.3 million and a solvency ratio of 143%. The company demonstrated social commitment through health awareness campaigns, clothes donations, and achieving a 20.8% Emiratisation rate. Environmental initiatives focused on digital transformation to reduce paper use, energy-efficient lighting, and expanded recycling programs for ink cartridges, plastic bottles, and cans. UIC also maintained a diverse workforce with women representing 36% of employees and 14% of the board.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board