Ping An Insurance (Group) Company of China, Ltd., commonly referred to as Ping An, is a leading integrated financial services provider 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 strong presence across Asia and expanding operations globally.
Ping An is renowned for its innovative approach to insurance and financial services, offering a diverse range of products including life insurance, property and casualty insurance, and health insurance. Its unique integration of technology and finance, exemplified by its use of artificial intelligence and big data, sets it apart in the competitive landscape.
As one of the largest insurance companies in the world by market capitalisation, Ping An has achieved numerous accolades, reflecting its commitment to customer service and operational excellence. With a focus on sustainable growth and digital transformation, Ping An continues to redefine the financial services industry.
+26 vs industry average
Ping An Insurance’s score of 41 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Electricity Distribution is among the most carbon-intensive industries
Industry performance
The Electricity Distribution industry has reduced its overall emissions by 31% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ping An Insurance's reported carbon emissions
In 2025, Ping An Insurance reported total carbon emissions of approximately 381.1 million kg CO2e, comprising 45.1 million kg CO2e from Scope 1 and about 265.4 million kg CO2e from Scope 2 emissions. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions to near zero by 2025. Additionally, Ping An plans to cut its Scope 2 emissions by 30% from 2020 levels by 2030. In 2024, total emissions were approximately 463.7 million kg CO2e, with Scope 1 emissions at 28.2 million kg CO2e and Scope 2 emissions at about 344.1 million kg CO2e. The trend shows a significant reduction from 2022, where total emissions reached approximately 492.7 million kg CO2e, including 17.9 million kg CO2e from Scope 1 and 437.3 million kg CO2e from Scope 2. Ping An has also committed to achieving carbon neutrality across its operations by 2030, reflecting its dedication to sustainable practices and alignment with global climate goals. The emissions data is sourced from Ping An Insurance (Group) Company of China, Ltd., ensuring accuracy and reliability in their reporting.
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Ping An Insurance’s Climate Goals (2030 & 2050)
8 goals2060
carbon neutrality by 2060 is an important guarantee for impr…
carbon neutrality by 2060 is an important guarantee for improving the living standards of Chinese people and advancing the Chinese path to m…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Ping An Insurance
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