China Life Insurance Company Limited Sustainability Profile
China Life Insurance Company Limited, often referred to as China Life, is a leading player in the insurance industry, headquartered in Beijing, CN. Established in 1949, the company has grown to become one of the largest life insurance providers in the world, with a significant presence across various regions in China and expanding operations internationally. Specialising in life insurance, health insurance, and annuity products, China Life distinguishes itself through its comprehensive service offerings and innovative solutions tailored to meet diverse customer needs. The company has achieved notable milestones, including being listed on the New York Stock Exchange and the Hong Kong Stock Exchange, solidifying its market position. With a commitment to financial security and customer satisfaction, China Life continues to set industry standards, making it a trusted choice for millions seeking reliable insurance solutions.
DitchCarbon Score
How does China Life Insurance Company 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
China Life Insurance Company Limited's score of 22 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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China Life Insurance Company Limited's reported carbon emissions
In 2023, China Life Insurance Company Limited reported total carbon emissions of approximately 426,082,620 kg CO2e. This figure includes Scope 1 emissions of about 2,389,220 kg CO2e, Scope 2 emissions of approximately 26,938,510 kg CO2e, and Scope 3 emissions of around 44,603,350 kg CO2e. The combined Scope 1 and 2 emissions totalled about 29,372,730 kg CO2e. As of 2024 and 2025, specific emissions data is not disclosed, but the company continues to focus on energy consumption metrics, reporting a comprehensive energy consumption per capita of about 4,000 kg CO2e in 2025 and an emission intensity of 0.005 kg CO2e per HK$ million of revenue in 2024. China Life Insurance Company Limited has not set specific reduction targets or climate pledges, and there are no disclosed initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The emissions data is cascaded from the parent company, reflecting the company's current subsidiary status within its corporate family. Overall, while China Life Insurance Company Limited has made strides in reporting its emissions, it lacks defined reduction commitments or significant climate initiatives at this time.
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| 2023 | |
|---|---|
| Scope 1 | 2,389,220 |
| Scope 2 | 26,938,510 |
| Scope 3 | 44,603,350 |
How Carbon Intensive is China Life Insurance Company Limited's Industry?
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China Life Insurance Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
China Life Insurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
