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Public Profile
Insurance Services
CN
updated a month ago

Hengqin Life Insurance Co., Ltd. Sustainability Profile

Company website

Hengqin Life Insurance Co., Ltd., a prominent player in the insurance sector, is headquartered in China (CN) and operates extensively across various regions. Established in [year founded], the company has made significant strides in providing comprehensive life insurance solutions tailored to meet diverse customer needs. Specialising in life insurance products, Hengqin Life Insurance distinguishes itself through innovative offerings and exceptional customer service. The company has achieved notable milestones, solidifying its market position as a trusted provider in the industry. With a commitment to financial security and customer satisfaction, Hengqin Life Insurance continues to enhance its portfolio, ensuring that clients receive unique and reliable coverage options.

DitchCarbon Score

How does Hengqin 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.

33

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.

33

Industry Benchmark

Hengqin Life Insurance Co., Ltd.'s score of 33 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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Hengqin Life Insurance Co., Ltd.'s reported carbon emissions

In 2023, Hengqin Life Insurance Co., Ltd. reported total emissions of approximately 2,643,200 kg CO2e, comprising 16,400 kg CO2e from Scope 1 and 2,626,800 kg CO2e from Scope 2 emissions. This reflects a decrease from 2022, where total emissions were approximately 2,734,000 kg CO2e, with Scope 1 emissions at 17,700 kg CO2e and Scope 2 emissions at 2,716,300 kg CO2e. In 2021, the company recorded total emissions of approximately 2,933,300 kg CO2e, with Scope 1 at 24,800 kg CO2e and Scope 2 at 2,968,500 kg CO2e. Hengqin Life Insurance has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The company does not disclose Scope 3 emissions, which limits the comprehensiveness of its climate impact assessment. Overall, Hengqin Life Insurance Co., Ltd. is actively monitoring its carbon emissions, with a notable trend of reduction in its Scope 1 and Scope 2 emissions over the past few years, although further commitments and transparency regarding its climate strategy would enhance its sustainability profile.

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202120222023
Scope 1
24,800
00,000
00,000
Scope 2
2,968,500
0,000,000
0,000,000
Scope 3
-
-
-

How Carbon Intensive is Hengqin Life Insurance Co., Ltd.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hengqin Life Insurance Co., Ltd.'s primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Hengqin Life Insurance Co., Ltd.'s Location?

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. This request for Hengqin Life Insurance Co., Ltd. is in CN, which we do not have grid emissions data for.

Hengqin 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.

Hengqin 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Hengqin Life Insurance Co., Ltd.'s Emissions with Industry Peers

Minsheng Life Insurance Co. , Ltd

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

Pru 3xsquare, LLC

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 months ago

BOC Samsung Life Insurance Company Limited

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

Chinalco Environmental Protection and Energy Conservation Co., Ltd.

CN
Updated 2 months ago

ABC Life Insurance Co., Ltd.

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 2 months ago

BOCOM MSIG Life Insurance Company Limited

CN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 3 months ago

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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

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