AIA Group Limited, commonly known as AIA, is a leading life insurance provider headquartered in Hong Kong. Established in 1919, AIA has grown to become one of the largest independent publicly listed pan-Asian life insurance groups, with a significant presence across major operational regions including Singapore, Malaysia, and Thailand. AIA offers a diverse range of products and services, including life insurance, health insurance, and retirement solutions, distinguished by their customer-centric approach and innovative digital platforms. The company has achieved notable milestones, such as being listed on the Hong Kong Stock Exchange in 2010, solidifying its market position as a trusted insurer in the Asia-Pacific region. With a commitment to enhancing the well-being of its customers, AIA continues to set industry standards through its comprehensive offerings and strong financial performance.
How does Aia'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.
Mean score of companies in the 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.
Aia's score of 44 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, AIA Group Limited reported total carbon emissions of approximately 55,217,000 kg CO2e. This figure includes Scope 1 emissions of about 1,480,000 kg CO2e, Scope 2 emissions of approximately 43,774,000 kg CO2e, and Scope 3 emissions of around 9,956,000 kg CO2e. Over the past five years, AIA has made significant strides in reducing its carbon footprint, with total emissions decreasing from about 59,746,000 kg CO2e in 2019 to the latest figure in 2023. AIA has committed to achieving net-zero emissions by 2050 and has joined the Science-Based Targets initiative (SBTi). While specific targets for Scope 3 emissions have not been detailed, the company has set a near-term target aligned with a 1.5°C pathway, covering 55% of its total investment and lending portfolio as of 2019. This commitment reflects AIA's dedication to sustainable practices within the financial sector, particularly in the insurance industry, where it aims to lead by example in climate action.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | 4,149,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 43,016,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 8,596,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Aia is committed to some reduction initiatives 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.