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Zhongan Insurance Co., Ltd., commonly referred to as Zhongan, is a leading player in the insurance and pension funding services sector, excluding compulsory social security services. Headquartered in China, the company has established a significant presence across major operational regions, focusing on innovative insurance solutions tailored to meet diverse customer needs.
Founded in 2013, Zhongan has rapidly evolved, achieving notable milestones in digital insurance and technology integration. The company offers a range of core products, including health, life, and property insurance, distinguished by their user-friendly digital platforms and data-driven approaches.
Recognised for its pioneering role in the insurtech landscape, Zhongan has garnered a strong market position, consistently ranking among the top insurance providers in China. Its commitment to innovation and customer-centric services sets it apart in a competitive industry.
29
DitchCarbon score
-10 vs industry average
Zhongan’s score of 29 is lower than 39% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
High
Insurance Services has above-average carbon intensity
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Zhongan's reported carbon emissions
Zhongan reported total carbon emissions of approximately 4.77 million kg CO2e in 2024. This included about 571,100 kg CO2e from Scope 1 emissions, 1.59 million kg CO2e from Scope 2 emissions, and 2.61 million kg CO2e from Scope 3 emissions. In 2022, their total emissions were significantly lower at approximately 313,830 kg CO2e, with Scope 1 at about 63,660 kg CO2e, Scope 2 at approximately 170,970 kg CO2e, and Scope 3 at about 79,200 kg CO2e. The company did not disclose emissions data for 2023.
Zhongan does not currently have any disclosed reduction targets or commitments, including SBTi targets or a climate pledge.
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Zhongan’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Zhongan yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Zhongan19 hours ago
29
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