Ping An Insurance
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.
DitchCarbon Score
How does Ping An Insurance'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
Ping An Insurance's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Ping An Insurance's reported carbon emissions
In 2023, Ping An Insurance reported total carbon emissions of approximately 478,606,000 kg CO2e. This figure includes 35,990,000 kg CO2e from Scope 1 emissions, 373,694,000 kg CO2e from Scope 2 emissions, and 68,921,000 kg CO2e from Scope 3 emissions. The company has shown a significant reduction in emissions compared to previous years, with total emissions decreasing from about 530,299,410 kg CO2e in 2020 to the current figure. In 2022, emissions were reported at approximately 492,710,000 kg CO2e, indicating a continued commitment to reducing their carbon footprint. However, there are currently no specific reduction targets or initiatives disclosed by Ping An Insurance, such as Science-Based Targets Initiative (SBTi) commitments or other climate pledges. Overall, Ping An Insurance's emissions data reflects a proactive approach to managing their carbon impact, although further transparency regarding specific reduction strategies would enhance their climate commitment profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 3,774,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 123,860,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 45,347,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Ping An Insurance is not committed to any reduction initiatives 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.
