Tianan Life Insurance Company Limited, commonly referred to as Tianan Life, is a prominent player in the insurance industry based in China. Headquartered in Beijing, the company operates extensively across major regions, providing a wide array of insurance solutions. Founded in 1996, Tianan Life has achieved significant milestones, establishing itself as a trusted provider of life insurance, health insurance, and annuity products. The company is renowned for its innovative offerings, including tailored insurance plans that cater to the diverse needs of its clients. With a strong market position, Tianan Life has garnered numerous accolades for its customer service and financial stability, making it a preferred choice for individuals and families seeking reliable insurance coverage. As a key contributor to China's insurance landscape, Tianan Life continues to evolve, adapting to the changing needs of its customers while maintaining a commitment to excellence.
How does Tianan Life Insurance Company Limited of China'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.
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.
Tianan Life Insurance Company Limited of China's score of 25 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Tianan Life Insurance Company Limited reported total carbon emissions of approximately 12,573,000 kg CO2e from Scope 2 and 111,000 kg CO2e from Scope 1. This marks a notable decrease in Scope 1 emissions from 427,000 kg CO2e in 2022, indicating a significant reduction effort. However, Scope 2 emissions increased from 11,218,000 kg CO2e in the previous year. Despite these figures, Tianan Life Insurance has not established specific reduction targets or climate pledges, which may limit their long-term sustainability commitments. The company operates within a sector that is increasingly focused on reducing carbon footprints, and the absence of defined targets could impact its competitive positioning in the market. Overall, while there are signs of progress in reducing direct emissions, the lack of comprehensive climate commitments may pose challenges for Tianan Life Insurance in aligning with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | |
---|---|---|
Scope 1 | 427,000 | 000,000 |
Scope 2 | 11,218,000 | 00,000,000 |
Scope 3 | - | - |
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.
Tianan Life Insurance Company Limited of China 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.