Public Profile

ERGO China Life Insurance Co., Ltd.

ERGO China Life Insurance Co., Ltd., a prominent player in the insurance sector, is headquartered in China (CN) and operates extensively across various regions within the country. Established in 2002, the company has made significant strides in the life insurance industry, focusing on providing comprehensive insurance solutions tailored to meet the diverse needs of its clients. Specialising in life insurance, health insurance, and pension products, ERGO China distinguishes itself through innovative offerings and customer-centric services. The company has garnered a strong market position, recognised for its commitment to quality and reliability. With a focus on sustainable growth and customer satisfaction, ERGO China Life Insurance continues to evolve, solidifying its reputation as a trusted provider in the competitive landscape of life insurance.

DitchCarbon Score

How does ERGO China 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.

23

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.

26

Industry Benchmark

ERGO China Life Insurance Co., Ltd.'s score of 23 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

ERGO China Life Insurance Co., Ltd.'s reported carbon emissions

In 2023, ERGO China Life Insurance Co., Ltd. reported significant carbon emissions totalling approximately 7,000,000,000 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 113,528,000 kg CO2e, Scope 2 emissions reached approximately 139,701,000 kg CO2e, and Scope 3 emissions accounted for a substantial 6,800,000,000 kg CO2e. Notably, the majority of Scope 3 emissions stemmed from the use of sold products, which contributed about 4,300,000,000 kg CO2e, alongside upstream transportation and distribution emissions of approximately 2,500,000,000 kg CO2e. Despite the extensive emissions data, ERGO China Life Insurance has not disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate commitments or reduction strategies indicates a potential area for improvement in their sustainability efforts. As the insurance industry increasingly prioritises climate action, ERGO China Life Insurance may benefit from establishing clear goals to enhance their environmental performance and align with global climate standards.

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2023
Scope 1
113,528,000
Scope 2
139,701,000
Scope 3
6,800,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. ERGO China Life Insurance Co., Ltd.'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. ERGO China Life Insurance Co., Ltd. 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.

ERGO China Life Insurance Co., Ltd. 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
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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