Taikang Insurance Group Inc.
Taikang Insurance Group Inc., a prominent player in the insurance and financial services industry, is headquartered in Beijing, China. Founded in 1996, the company has established itself as a leader in life insurance, health insurance, and asset management, catering to a diverse clientele across major operational regions in China and beyond. With a commitment to innovation, Taikang offers unique products such as comprehensive life insurance plans and health management services that stand out in the competitive market. The company has achieved significant milestones, including being one of the first insurers to integrate technology into its service delivery, enhancing customer experience and operational efficiency. Recognised for its robust market position, Taikang continues to expand its influence, making it a trusted name in the insurance sector.
DitchCarbon Score
How does Taikang Insurance Group Inc.'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
Taikang Insurance Group Inc.'s score of 24 is lower than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taikang Insurance Group Inc.'s reported carbon emissions
In 2022, Taikang Insurance Group Inc. reported total carbon emissions of approximately 71,226,600 kg CO2e from Scope 1 and 78,620,010 kg CO2e from Scope 2, resulting in a combined total of about 85,742,610 kg CO2e. This marked a decrease from 2021, where emissions were approximately 90,969,950 kg CO2e for Scope 1 and 73,723,210 kg CO2e for Scope 2, leading to a total of about 82,820,160 kg CO2e. In 2020, the company recorded emissions of around 8,402,120 kg CO2e for Scope 1 and 58,079,170 kg CO2e for Scope 2, totalling about 66,481,290 kg CO2e. Despite these figures, Taikang Insurance Group Inc. has not set specific reduction targets or initiatives as part of their climate commitments. The company has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the value chain. Furthermore, there are no climate pledges or commitments to industry-standard initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP) reported. Overall, while Taikang Insurance Group Inc. has shown a trend of decreasing emissions over the past few years, the absence of formal reduction targets or climate initiatives indicates a potential area for improvement in their sustainability strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 8,402,120 | 0,000,000 | 0,000,000 |
| Scope 2 | 58,079,170 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Taikang Insurance Group Inc. is not participating in any of the initiatives that 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.
