Ping An Insurance (Group) Company of China, Ltd., commonly known as Ping An, is a leading financial services conglomerate headquartered in Shenzhen, CN. Founded in 1988, the company has grown to become a dominant player in the insurance, banking, and asset management sectors, with a significant presence across Asia and beyond. Ping An is renowned for its innovative approach, leveraging technology to enhance customer experience and operational efficiency. Its core offerings include life and health insurance, property and casualty insurance, and a range of financial services, all distinguished by a commitment to digital transformation. With a market capitalisation consistently ranking among the top in the world, Ping An has achieved numerous accolades, including being listed in the Fortune Global 500. The company’s focus on integrating finance and technology positions it uniquely within the industry, driving sustainable growth and customer satisfaction.
How does PING AN'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 Business 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.
PING AN's score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ping An, headquartered in China (CN), currently does not report any specific carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, the company has not established any documented reduction targets or climate pledges. As such, there are no specific initiatives or commitments to report regarding their climate strategy or emissions reduction efforts. In the absence of concrete data, it is important to note that many organisations in the financial sector are increasingly focusing on sustainability and climate commitments, often aligning with global frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, without specific commitments or data from Ping An, it remains unclear how they are addressing climate change and carbon emissions within their operations.
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.
PING AN 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.
