Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm Sustainability Profile
Ping An Insurance (Group) Company of China, Ltd. Labor Union, based in China, is a prominent entity within the insurance and financial services industry. Founded in 1988, Ping An has evolved into a leading provider of comprehensive insurance solutions, including life, health, and property insurance, alongside innovative financial services such as banking and asset management. With its headquarters in Shenzhen, Ping An operates extensively across major regions in China and has made significant strides in international markets. The company is renowned for its unique integration of technology and finance, leveraging advanced digital platforms to enhance customer experience and operational efficiency. Ping An's commitment to innovation has positioned it as a market leader, consistently achieving notable milestones, including being ranked among the top insurance companies globally. Its dedication to sustainable development and social responsibility further solidifies its reputation as a trusted industry player.
DitchCarbon Score
How does Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm'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 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 (Group) Company of China, Ltd. Labor Union, Endowment Arm's score of 33 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The organisation is a current subsidiary of Ping An Insurance (Group) Company of China, Ltd., and any climate-related performance metrics are cascaded from this parent company. As of now, there are no documented reduction targets or climate pledges from the Labour Union's Endowment Arm. However, emissions data and climate commitments may be influenced by the broader initiatives undertaken by Ping An Insurance (Group) Company of China, Ltd., which is known for its efforts in sustainability and climate action. The lack of specific emissions data highlights the need for enhanced transparency and commitment to climate action within the subsidiary. As the industry increasingly prioritises sustainability, it is essential for organisations like Ping An's Endowment Arm to establish clear targets and report on their carbon footprint to align with global climate goals.
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| 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 | 000,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm's Industry?
How Carbon Intensive is Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm's Location?
Ping An Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm's Climate Goals (2030 & 2050)
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 Insurance (Group) Company of China, Ltd. Labor Union, Endowment Arm 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.
