China Re

China Re, headquartered in China and operating within the insurance and pension funding services sector, has reported its carbon emissions data for recent years. For the fiscal year 2024, the company's total emissions were approximately 74,727,860 kg CO2e, comprising Scope 1 emissions of about 10,046,260 kg CO2e and Scope 2 emissions of approximately 25,716,370 kg CO2e. Scope 3 emissions for 2024 were reported at about 640,490 kg CO2e.

In 2023, China Re's Scope 1 and 2 emissions totalled approximately 51,542,680 kg CO2e, with Scope 1 emissions at about 7,074,210 kg CO2e and Scope 2 emissions at approximately 44,468,470 kg CO2e. Scope 3 data was not disclosed for this year.

For the 2022 reporting year (referring to activities in 2022), Scope 1 and 2 emissions were approximately 51,542,680 kg CO2e. Previous years also show emissions data for Scope 1 and 2. In 2021, total emissions were around 51,542,680 kg CO2e. In 2020, total emissions were approximately 46,272,290 kg CO2e. For 2019, total emissions were reported as about 35,556,370 kg CO2e.

China Re has outlined its climate commitments, aiming to reduce comprehensive energy consumption per capita by 4% and water consumption per capita by 4% by 2025, using 2021 as the baseline. This initiative is intended to yield positive results in emission and waste reduction. Furthermore, the company issued an "Action Plan for China Re Group to Serve the National “Carbon Peak and Carbon Neutrality” Goals and Accelerate the Development of Green Insurance (2022-2025)" in 2022, aligning with national carbon neutrality objectives for the period up to 2025. These targets encompass both Scope 1 and Scope 2 emissions.