Public Profile

China Re

China Re, officially known as China Reinsurance (Group) Corporation, is a leading player in the reinsurance industry, headquartered in Beijing, CN. Established in 1999, the company has rapidly expanded its operations across Asia, Europe, and the Americas, solidifying its position as a key provider of reinsurance solutions. Specialising in property and casualty reinsurance, life reinsurance, and insurance-related services, China Re distinguishes itself through its comprehensive risk management capabilities and innovative product offerings. The company has achieved significant milestones, including its successful listing on the Hong Kong Stock Exchange in 2015, which enhanced its market visibility and capital strength. With a robust market position, China Re is recognised for its financial stability and extensive expertise, making it a trusted partner for insurers worldwide. Its commitment to excellence and customer-centric approach continues to drive its growth in the competitive reinsurance landscape.

DitchCarbon Score

How does China Re'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.

30

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.

2

Industry Benchmark

China Re's score of 30 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

82%

China Re's reported carbon emissions

In 2023, China Re reported total carbon emissions of approximately 51,542,680 kg CO2e. This figure includes 7,074,210 kg CO2e from Scope 1 emissions and 44,468,470 kg CO2e from Scope 2 emissions. The company has shown a slight decrease in total emissions compared to 2022, where emissions were about 53,807,680 kg CO2e. China Re's emissions data for 2021 is not available, but in 2019, the company reported total emissions of approximately 35,556,370 kg CO2e. The emissions data indicates a trend of increasing emissions over the years, with a notable rise from 2019 to 2022. Despite the lack of specific reduction targets or initiatives disclosed, China Re has committed to transparency in its emissions reporting, covering Scope 1, 2, and 3 emissions. The company also reports CO2 equivalent emissions per RMB10,000 of revenue, which was approximately 0.000471 in 2023. Overall, while China Re has not set formal reduction targets, its emissions data reflects ongoing monitoring and reporting efforts in line with industry standards.

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20222023
Scope 1
7,809,120
0,000,000
Scope 2
45,998,560
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. China Re'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. China Re is headquartered 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 Re is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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