Picc
The People's Insurance Company of China (PICC), headquartered in Beijing, is a leading player in the insurance industry, primarily serving the Chinese market and expanding its reach across Asia. Founded in 1949, PICC has established itself as a cornerstone of the insurance sector, offering a diverse range of services including property, casualty, life, and health insurance. PICC is renowned for its innovative insurance solutions and customer-centric approach, which have positioned it as a market leader. The company has achieved significant milestones, including being listed on the Hong Kong Stock Exchange, further solidifying its reputation. With a commitment to excellence and a robust portfolio of unique products, PICC continues to set industry standards while catering to the evolving needs of its clients.
DitchCarbon Score
How does Picc'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
Picc's score of 68 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Picc's reported carbon emissions
In 2023, PICC reported total carbon emissions of approximately 5,986,800 kg CO2e, with Scope 1 emissions at about 145,310 kg CO2e and Scope 2 emissions at approximately 7,117,970 kg CO2e. The company also disclosed Scope 3 emissions, which totalled around 953,480 kg CO2e, primarily from business travel and employee commuting. PICC has demonstrated a commitment to reducing its carbon footprint, aiming to lead the insurance industry in supporting China's carbon peak goals by the end of 2030. This initiative encompasses all scopes of emissions, reflecting a comprehensive approach to climate action. Over the past few years, PICC's emissions have shown a downward trend, decreasing from approximately 8,225,640 kg CO2e in 2020 to about 5,986,800 kg CO2e in 2023. This represents a significant reduction in total emissions, highlighting the company's efforts towards sustainability and climate responsibility. PICC's emissions data is crucial for understanding its environmental impact and commitment to achieving net-zero emissions in the near term.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 177,300 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,166,840 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 | 0,000,000 | 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.
Picc 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.
