Ping An Insurance

Ping An Insurance, headquartered in China and operating within the distribution and trade services of electricity industry, reported its latest carbon emissions data for 2025. In 2025, the company's total emissions were approximately 381,061,000 kg CO2e. This figure comprises Scope 1 emissions of about 45,100,000 kg CO2e and Scope 2 emissions of approximately 265,440,000 kg CO2e (market-based). Scope 3 emissions data was not disclosed for this year, though fuel and energy-related activities were noted as missing data points.

Prior to this, in 2024, Ping An Insurance's total emissions stood at approximately 463,739,000 kg CO2e, with Scope 1 emissions at about 28,158,000 kg CO2e and Scope 2 emissions at approximately 344,077,000 kg CO2e (market-based). In 2023, Scope 1 emissions were reported as 35,990,000 kg CO2e, and Scope 2 emissions were approximately 373,694,000 kg CO2e (location-based).

Ping An Insurance has established several climate commitments. The company aims for carbon neutrality across its operations by 2030. It also has a near-term goal to reduce Scope 1 emissions by 30% from 2020 levels by 2030, and Scope 2 emissions by 30% from 2020 levels by 2030. Additionally, Ping An targets a reduction in carbon emission intensity by 20% by 2030, using 2018 as the base year. The company also stated an ambition to reduce its Scope 1 and 2 emissions to near zero by the middle of this decade. In the longer term, Ping An aims for carbon neutrality by 2060.