AIA Group Limited, commonly referred to as AIA, is a leading pan-Asian life insurance and financial services provider headquartered in Hong Kong. Established in 1919, AIA has grown to become one of the largest life insurers in the Asia-Pacific region, with a strong presence in markets such as China, Singapore, and Malaysia. The company offers a diverse range of products, including life insurance, health insurance, and retirement solutions, distinguished by their customer-centric approach and innovative digital services. AIA's commitment to enhancing the well-being of its policyholders has earned it numerous accolades, solidifying its position as a trusted brand in the insurance industry. With a rich history and a focus on sustainable growth, AIA continues to set benchmarks in the financial services sector.
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.
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.
AIA Group Limited's score of 47 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, comprising 1,480,000 kg CO2e from Scope 1, 43,774,000 kg CO2e from Scope 2, and 8,516,000 kg CO2e from Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, with data disclosed across all three scopes. AIA Group has set near-term targets aligned with the 1.5°C climate goal, aiming to cover 55% of its total investment and lending by general account assets under management as of 2019. These targets are designed to ensure that emissions from company operations (Scopes 1 and 2) are consistent with the reductions necessary to limit global warming to 1.5°C. The company has committed to submitting these targets by December 2023. In recent years, AIA has demonstrated a proactive approach to managing its carbon footprint, with emissions intensity per employee reported at approximately 2,130 kg CO2e in 2023. This indicates a focus on improving operational efficiency and reducing overall emissions. Overall, AIA Group Limited's climate commitments reflect a strategic alignment with global sustainability goals, positioning the company as a responsible player in the financial services sector based in Hong Kong.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 4,149,000 | 0,000,000 | 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 | 00,000,000 |
Scope 3 | 8,596,000 | 00,000,000 | 0,000,000 | 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 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.