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 55 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, AIA Group Limited reported total carbon emissions of approximately 55,704,000 kg CO2e, comprising 2,566,000 kg CO2e from Scope 1, 53,138,000 kg CO2e from Scope 2, and 8,223,000 kg CO2e from Scope 3, specifically related to business travel. This marks a slight increase from 2023, where total emissions were about 55,217,000 kg CO2e, with Scope 1 emissions at 1,480,000 kg CO2e, Scope 2 at 43,774,000 kg CO2e, and Scope 3 at 8,516,000 kg CO2e. AIA has set ambitious climate commitments, aiming for a 46.2% reduction in Scope 1 and 2 emissions by 2030, compared to 2023 levels. Additionally, the company is committed to achieving net-zero emissions by 2050. Previous initiatives have resulted in a 3.5% reduction in total Scope 1 and 2 emissions from 2016 to 2020. The company’s targets align with the Science Based Targets initiative (SBTi), ensuring that their emissions reduction strategies are consistent with the goal of limiting global warming to 1.5°C. AIA's efforts reflect a proactive approach to sustainability within the financial services sector, headquartered 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.