CCB Life Insurance Company Limited Sustainability Profile

In 2023, CCB Life Insurance Company Limited reported total emissions of approximately 1.58 billion kg CO2e, encompassing Scope 1 and Scope 2 emissions. This figure reflects a slight decrease from the previous year's total of approximately 1.61 billion kg CO2e. The company has not disclosed specific Scope 3 emissions data. CCB Life Insurance has not set any formal reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting. The reported emissions per employee for Scope 1 and 2 in 2023 was about 4,490 kg CO2e, while the emissions from office paper usage (Scope 3) were approximately 0.05 kg CO2e per employee. These figures highlight the company's operational impact and provide a baseline for future sustainability efforts. Overall, while CCB Life Insurance Company Limited has made strides in emissions reporting, it currently lacks specific climate commitments or reduction strategies to further mitigate its carbon footprint.