PICC Property and Casualty Company Limited, commonly referred to as PICC P&C, is a leading player in the insurance industry, headquartered in China (CN). Established in 1949, the company has grown to become a prominent provider of property and casualty insurance, serving a diverse clientele across major operational regions in China and beyond. PICC P&C offers a comprehensive range of insurance products, including motor, liability, and property insurance, distinguished by their customer-centric approach and innovative solutions. With a strong market position, the company has achieved significant milestones, including being one of the largest property and casualty insurers in China. Its commitment to excellence and robust financial performance underscores its reputation as a trusted name in the insurance sector.
How does PICC Property and Casualty Company Limited'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.
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.
PICC Property and Casualty Company Limited's score of 20 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2017, PICC Property and Casualty Company Limited reported an emissions intensity of approximately 1,690 kg CO2e per capita, although specific total emissions figures were not disclosed. The company has not provided detailed data on Scope 1, 2, or 3 emissions, nor has it established any formal reduction targets or climate pledges. This lack of specific commitments may reflect broader industry trends where many companies are still developing comprehensive climate strategies. As a leading insurer in China, PICC's future climate commitments will be crucial in addressing the growing concerns around carbon emissions and sustainability within the insurance sector.
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 Property and Casualty Company Limited 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.