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. 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.
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 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AIA Group Limited's reported carbon emissions
In 2023, AIA Group Limited reported total carbon emissions of approximately 55,217,000 kg CO2e, with emissions distributed across various scopes: 1,480,000 kg CO2e (Scope 1), 43,774,000 kg CO2e (Scope 2), and 8,516,000 kg CO2e (Scope 3). This data indicates a commitment to transparency in their emissions reporting, covering all three scopes. AIA Group has set near-term targets aligned with the Science Based Targets initiative (SBTi), aiming for reductions consistent with limiting global warming to 1.5°C. Specifically, they target a significant portion of their investment and lending portfolio, which covers about 55% of total assets under management as of 2019. This commitment reflects their proactive approach to managing climate-related risks and opportunities within the financial sector. The company has not yet committed to a net-zero target but is actively working towards substantial emissions reductions by 2025 and 2030. Their emissions intensity per employee has shown a decrease, with figures reported at 2,130 kg CO2e in 2023, down from higher levels in previous years. AIA Group's ongoing efforts demonstrate a commitment to sustainability and responsible investment practices, positioning them as a leader in the financial services industry in Hong Kong.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 4,149,000 | 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 |
| Scope 3 | 8,596,000 | 00,000,000 | 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 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.
