Picc
The People's Insurance Company of China (PICC), headquartered in Beijing, is a leading player in the insurance industry, primarily serving the Chinese market and expanding its reach across Asia. Founded in 1949, PICC has established itself as a cornerstone of the insurance sector, offering a diverse range of services including property, casualty, life, and health insurance. PICC is renowned for its innovative insurance solutions and customer-centric approach, which have positioned it as a market leader. The company has achieved significant milestones, including being listed on the Hong Kong Stock Exchange, further solidifying its reputation. With a commitment to excellence and a robust portfolio of unique products, PICC continues to set industry standards while catering to the evolving needs of its clients.
DitchCarbon Score
How does Picc'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 Insurance Services 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
Picc's score of 35 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Picc's reported carbon emissions
In 2023, Picc reported total carbon emissions of approximately 13,055,000 kg CO2e. This includes Scope 1 emissions of about 495,000 kg CO2e, primarily from stationary combustion, and Scope 2 emissions of approximately 1,200,000 kg CO2e, predominantly from purchased electricity. The company also disclosed significant Scope 3 emissions, totalling around 11,360,000 kg CO2e, which encompass various categories such as purchased goods and services, business travel, and the use of sold products. Comparatively, in 2022, Picc's total emissions were about 17,823,740 kg CO2e, indicating a reduction in emissions year-on-year. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, and there are no documented reduction targets available. Picc's emissions data is not cascaded from a parent company, and all reported figures are derived directly from their own disclosures. The organization is committed to transparency in its emissions reporting, having disclosed data across all relevant scopes (1, 2, and 3) for the years reported.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | - | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,963,040 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 | 000,000 | 00,000,000 |
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.
Picc is not participating in any 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.
