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 76% 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, with Scope 1 emissions at 1,480,000 kg CO2e, Scope 2 emissions at 43,774,000 kg CO2e, and Scope 3 emissions at 9,956,000 kg CO2e. AIA Group has committed to achieving net-zero emissions by 2050 and has joined the Science-Based Targets initiative (SBTi). The company aims for a significant reduction of 46.2% in Scope 1 and 2 emissions by 2030. This commitment reflects AIA's proactive approach to climate action, aligning with industry standards for greenhouse gas reduction. The emissions data is sourced directly from AIA Group Limited, with no cascading from a parent or related organization. AIA's climate commitments are crucial in the context of the financial sector's growing emphasis on sustainability and responsible investment practices.
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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 |
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.
