AIA Group Limited Sustainability Profile
AIA Group Limited, commonly referred to as AIA, is a leading pan-Asian life insurance and financial services provider headquartered in Hong Kong. Founded in 1919, AIA has established a strong presence across major operational regions, including China, Singapore, Malaysia, and Thailand. The company primarily operates in the insurance industry, offering a diverse range of products and services such as life insurance, health insurance, and retirement solutions. AIA is renowned for its customer-centric approach and innovative insurance solutions, which set it apart in a competitive market. With a robust market position, AIA has achieved significant milestones, including being one of the largest life insurers in Asia by market capitalisation. The company’s commitment to excellence and sustainability has earned it numerous accolades, reinforcing its reputation as a trusted leader in the insurance sector.
DitchCarbon Score
How does AIA Group Limited'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
AIA Group Limited's score of 60 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AIA Group Limited's reported carbon emissions
In 2024, AIA Group Limited reported total carbon emissions of approximately 63,927,000 kg CO2e. This includes Scope 1 emissions of about 2,566,000 kg CO2e, Scope 2 emissions of approximately 53,138,000 kg CO2e, and Scope 3 emissions from business travel amounting to about 8,223,000 kg CO2e. The total emissions for 2023 were approximately 55,217,000 kg CO2e, with Scope 1 at about 1,480,000 kg CO2e, Scope 2 at approximately 43,774,000 kg CO2e, and Scope 3 emissions from business travel at about 9,956,000 kg CO2e. AIA has set ambitious climate commitments, aiming for net-zero emissions by 2050. The company has joined the Science-Based Targets initiative (SBTi) and has committed to a 46.2% reduction in Scope 1 and 2 emissions by 2030. This target reflects AIA's proactive approach to addressing its carbon footprint and aligns with global climate goals. The emissions data is sourced directly from AIA Group Limited, with no cascaded data from parent or related organizations. AIA's commitment to sustainability is evident in its structured reduction targets and long-term vision for a low-carbon future.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,926,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 49,329,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,475,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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AIA Group Limited's Scope 3 Categories Breakdown
AIA Group Limited's Scope 3 emissions, which decreased by 17% last year and increased by approximately 137% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 13% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.
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AIA Group Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AIA Group Limited has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about AIA Group Limited's sustainability data and climate commitments