China Taiping Insurance Holdings
China Taiping Insurance Holdings Company Limited, commonly known as China Taiping, is a prominent player in the insurance and financial services industry, headquartered in Hong Kong. Established in 1929, the company has evolved significantly, expanding its operations across major regions including Mainland China, the UK, and various international markets. Specialising in life insurance, property and casualty insurance, and asset management, China Taiping distinguishes itself through its comprehensive product offerings and customer-centric approach. The company has achieved notable milestones, including a strong market position as one of the leading insurance providers in Asia, recognised for its financial stability and innovative solutions. With a commitment to excellence, China Taiping continues to set benchmarks in the insurance sector, catering to a diverse clientele with tailored services that meet their unique needs.
DitchCarbon Score
How does China Taiping Insurance Holdings'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 Taiping Insurance Holdings's score of 50 is higher than 73% 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 Taiping Insurance Holdings's reported carbon emissions
In 2024, China Taiping Insurance Holdings, headquartered in Hong Kong, reported total carbon emissions of approximately 59,679,240 kg CO2e. This figure includes 9,399,670 kg CO2e from Scope 1 emissions, 40,669,560 kg CO2e from Scope 2 emissions, and 9,610,027 kg CO2e from Scope 3 emissions. The previous year, 2023, saw total emissions of about 62,561,170 kg CO2e, with Scope 1 at 10,525,890 kg CO2e, Scope 2 at 48,100,760 kg CO2e, and Scope 3 at 3,934,520 kg CO2e. Over the past few years, the company has demonstrated a commitment to reducing its carbon footprint, with a long-term goal of achieving net zero emissions by 2060. This target encompasses all scopes of emissions and reflects a strategic approach to sustainability. The company has been on track to decrease its carbon emissions year by year, indicating a proactive stance towards climate commitments. The emissions data is cascaded from the parent company, China Taiping Insurance Holdings Company Limited, which provides a comprehensive view of the organisation's environmental impact. The reported figures are crucial for understanding the company's role in addressing climate change and its alignment with global sustainability goals.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,897,720 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 32,614,470 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,864,840 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
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 Taiping Insurance Holdings 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.
