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 96% 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, headquartered in Hong Kong, reported total carbon emissions of approximately 55,704,000 kg CO2e. This figure 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 of around 8,223,000 kg CO2e, primarily from business travel. AIA Group has set significant climate commitments, aiming for a reduction in greenhouse gas emissions consistent with the 1.5°C target. Their near-term targets include covering 55% of their total investment and lending by general account assets under management as of 2019. This commitment reflects their focus on reducing emissions from company operations (Scopes 1 and 2) and aligns with industry standards for climate action. In recent years, AIA's emissions have fluctuated, with total emissions recorded at approximately 55,217,000 kg CO2e in 2023 and 50,606,000 kg CO2e in 2022. The company continues to work towards enhancing its sustainability practices and reducing its carbon footprint in line with global climate goals.
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 committed to some reduction initiatives 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.