AIA Group Limited
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 81% 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, headquartered in Hong Kong, reported total carbon emissions of approximately 63,927,000 kg CO2e. This figure includes 2,566,000 kg CO2e from Scope 1 emissions, 53,138,000 kg CO2e from Scope 2 emissions, and 8,223,000 kg CO2e attributed to Scope 3 emissions, specifically from business travel. The total emissions for 2023 were about 55,217,000 kg CO2e, indicating a significant increase in emissions year-on-year. 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. While specific targets for Scope 3 emissions have not been detailed, the overarching goal is to achieve net-zero across all scopes by 2050. The company’s emissions data is self-reported and does not cascade from any parent organization. AIA's commitment to sustainability reflects its position as a leading financial institution in Asia, actively working towards reducing its carbon footprint and contributing to global climate goals.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,265,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 48,009,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,277,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
AIA Group Limited is participating in some 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.
