China Life Insurance Co
China Life Insurance Co., also known as China Life, is a leading player in the insurance industry, headquartered in Hong Kong. Established in 1949, the company has grown to become one of the largest life insurance providers in Asia, with significant operations across mainland China and other key regions. Specialising in life insurance, health insurance, and pension products, China Life distinguishes itself through its comprehensive coverage options and customer-centric services. The company has achieved notable milestones, including a strong market position and recognition for its financial stability and innovative insurance solutions. With a commitment to meeting the diverse needs of its clients, China Life continues to set industry standards, making it a trusted choice for individuals and businesses seeking reliable insurance coverage.
DitchCarbon Score
How does China Life Insurance Co'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 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
China Life Insurance Co's score of 25 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
China Life Insurance Co's reported carbon emissions
In 2023, China Life Insurance Co, headquartered in Hong Kong, reported total carbon emissions of approximately 689,851,080 kg CO2e. This figure includes Scope 1 emissions of about 49,860,250 kg CO2e and Scope 2 emissions of approximately 639,990,830 kg CO2e. In 2022, the company recorded total emissions of about 515,852,400 kg CO2e, with Scope 1 emissions at approximately 211,537 kg CO2e and Scope 2 emissions around 4,109,842 kg CO2e. The trend shows a significant increase in emissions from 2022 to 2023. For the years 2021 and 2020, the total emissions were approximately 5,159,176 kg CO2e and 4,205,264 kg CO2e, respectively. The Scope 1 and Scope 2 emissions for 2021 were about 272,757 kg CO2e and 4,021,457 kg CO2e, while for 2020, they were approximately 215,796 kg CO2e and 3,177,706 kg CO2e. Despite these figures, China Life Insurance Co has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may reflect broader industry trends where many companies are still developing comprehensive climate strategies.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 56,112,280 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,006,550,080 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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.
China Life Insurance Co 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.
