China Pacific Insurance
China Pacific Insurance (Group) Co., Ltd., commonly known as CPIC, is a leading insurance provider headquartered in Shanghai, CN. Established in 1991, CPIC has grown to become a prominent player in the insurance industry, offering a diverse range of services across life insurance, property and casualty insurance, and asset management. With a strong presence in major operational regions throughout China, CPIC is recognised for its innovative products and customer-centric approach. The company’s core offerings include life insurance policies, health insurance, and various investment products, distinguished by their flexibility and comprehensive coverage options. As one of the largest insurance groups in China, CPIC has achieved significant milestones, including being listed on the Hong Kong Stock Exchange. Its commitment to excellence and robust market position underscore its reputation as a trusted provider in the competitive insurance landscape.
DitchCarbon Score
How does China Pacific Insurance'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 Pacific Insurance's score of 29 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
China Pacific Insurance's reported carbon emissions
In 2024, China Pacific Insurance (CPIC) reported total carbon emissions of approximately 214,368,000 kg CO2e, comprising about 44,275,000 kg CO2e from Scope 1 and about 170,143,000 kg CO2e from Scope 2. This marks a slight decrease in Scope 2 emissions compared to 2023, where total emissions were approximately 245,059,000 kg CO2e, with Scope 1 emissions at about 44,162,000 kg CO2e and Scope 2 emissions at about 200,897,000 kg CO2e. Over the past few years, CPIC has demonstrated a commitment to reducing its carbon footprint. In 2022, the company reported total emissions of about 231,197,000 kg CO2e, with Scope 1 emissions at approximately 43,519,000 kg CO2e and Scope 2 emissions at about 188,008,000 kg CO2e. The trend indicates a focus on managing and reducing emissions, particularly in Scope 2, which is often the largest contributor for companies in the insurance sector. Despite these efforts, CPIC has not set specific reduction targets or initiatives as part of the Science Based Targets initiative (SBTi) or other formal climate pledges. The emissions data is sourced directly from China Pacific Insurance (Group) Co., Ltd., with no cascaded data from parent or related organizations. Overall, CPIC's emissions data reflects its ongoing efforts to address climate change, although further commitments and targets would enhance its sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 647,290 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 56,740,650 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 3,492,030 | - | - | - | - | - | - |
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 Pacific Insurance is not participating in any of the initiatives that 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.
