China Pacific Life Insurance Co., Ltd. Sustainability Profile
China Pacific Life Insurance Co., Ltd. (CPIC) is a leading player in the insurance industry, headquartered in Shanghai, China. Established in 1991, CPIC has grown to become one of the largest life insurance companies in the country, with a strong presence in major operational regions across China. The company offers a diverse range of products and services, including individual and group life insurance, health insurance, and annuities. CPIC is recognised for its innovative approach to insurance solutions, catering to the evolving needs of its clients. With a commitment to customer service and financial stability, CPIC has achieved significant milestones, including being listed on the Shanghai Stock Exchange. As a prominent market leader, China Pacific Life Insurance Co., Ltd. continues to enhance its reputation through strategic partnerships and a focus on digital transformation, solidifying its position in the competitive insurance landscape.
DitchCarbon Score
How does China Pacific Life Insurance Co., Ltd.'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 Life Insurance Co., Ltd.'s score of 35 is higher than 54% 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 Pacific Life Insurance Co., Ltd., headquartered in China (CN), currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of China Pacific Insurance (Group) Co., Ltd., which may influence its climate-related initiatives and reporting. As of now, there are no documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The lack of specific emissions data and reduction initiatives suggests that China Pacific Life Insurance Co., Ltd. may still be in the early stages of developing a comprehensive climate strategy. The emissions data and performance metrics are inherited from its parent company, China Pacific Insurance (Group) Co., Ltd., which may provide a broader context for understanding the company's environmental impact and commitments. However, without specific figures or targets, it is challenging to assess the company's current carbon footprint or its progress towards sustainability goals.
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| 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 | - | - | - | - | - | - |
How Carbon Intensive is China Pacific Life Insurance Co., Ltd.'s Industry?
How Carbon Intensive is China Pacific Life Insurance Co., Ltd.'s Location?
China Pacific Life Insurance Co., Ltd.'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 Pacific Life Insurance Co., Ltd. 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.
