Ping An Life Insurance Company of China, Ltd. Sustainability Profile
Ping An Life Insurance Company of China, Ltd., a prominent subsidiary of Ping An Insurance (Group) Company of China, Ltd., is headquartered in Shenzhen, CN. Established in 1994, the company has rapidly evolved into a leading player in the life insurance sector, primarily serving the vast Chinese market and expanding its reach across Asia. Specialising in life insurance, health insurance, and annuities, Ping An Life distinguishes itself through innovative products and a customer-centric approach. The company has achieved significant milestones, including being one of the first to integrate technology into its services, enhancing customer experience and operational efficiency. With a strong market position, Ping An Life is recognised for its robust financial performance and commitment to sustainable growth, making it a trusted choice for millions seeking comprehensive insurance solutions.
DitchCarbon Score
How does Ping An Life Insurance Company of China, Ltd.'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 Life Insurance Company of China, Ltd.'s score of 51 is higher than 68% 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 Life Insurance Company of China, Ltd. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Ping An Insurance (Group) Company of China, Ltd., which may influence its climate commitments and performance metrics. As a subsidiary, any relevant emissions data or climate initiatives would be cascaded from its parent organisation, Ping An Insurance (Group) Company of China, Ltd. However, no specific reduction targets or climate pledges have been documented for Ping An Life Insurance at this time. The lack of detailed emissions data and reduction initiatives suggests that Ping An Life Insurance may still be in the process of developing its climate strategy or reporting framework. In the broader context of the insurance industry, companies are increasingly focusing on sustainability and carbon reduction, aligning with global climate goals. For stakeholders and interested parties, it is essential to monitor future disclosures from Ping An Life Insurance to understand its commitments and performance in addressing climate change.
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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 |
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Ping An Life Insurance Company of China, Ltd.'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 Life Insurance Company of China, Ltd. 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.
