Ditchcarbon
  • Contact
  1. Organizations
  2. China Pacific Insurance
Public Profile
Insurance Services
CN
updated a month ago

China Pacific Insurance

Company website

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.

29

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.

31

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.

47%

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

2018201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Pacific Insurance's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for China Pacific Insurance is in CN, which we do not have grid emissions data for.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 7 days ago

Picc

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 13 days ago

China Taiping Insurance Holdings

HK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 1 day ago

Chubb

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 9 days ago

Taiping Life Insurance Co., Ltd.

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

New China Life Insurance

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 8 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251029.4
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy