Taiping Life Insurance Co., Ltd. Sustainability Profile
Taiping Life Insurance Co., Ltd., commonly referred to as Taiping Life, is a prominent player in the insurance industry, headquartered in China (CN). Established in 1991, the company has grown significantly, offering a diverse range of life insurance products and services tailored to meet the needs of its clients across various regions, including Asia and beyond. Taiping Life is renowned for its comprehensive insurance solutions, including individual life, health, and accident insurance, distinguished by their customer-centric approach and innovative offerings. With a strong market presence, Taiping Life has achieved notable milestones, positioning itself as a trusted provider in the competitive insurance landscape. The company’s commitment to excellence and its robust financial strength further solidify its reputation as a leader in the life insurance sector.
DitchCarbon Score
How does Taiping Life Insurance Co., 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
Taiping Life Insurance Co., Ltd.'s score of 51 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Taiping Life Insurance Co., Ltd., headquartered in China, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of China Taiping Insurance Holdings Company Limited, which may influence its climate commitments and emissions reporting. As of now, Taiping Life Insurance has not established any documented reduction targets or specific climate pledges. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given its affiliation with China Taiping Insurance Holdings Company Limited, any potential emissions data or climate commitments may be inherited from this parent organization. However, specific figures or targets from this source have not been disclosed. In summary, while Taiping Life Insurance Co., Ltd. is part of a larger corporate family that may have climate initiatives, it currently lacks detailed emissions data and defined reduction targets.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 1,160,170 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 48,412,940 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 |
How Carbon Intensive is Taiping Life Insurance Co., Ltd.'s Industry?
How Carbon Intensive is Taiping Life Insurance Co., Ltd.'s Location?
Taiping Life Insurance Co., 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.
Taiping Life Insurance Co., 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.
