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OrganisationsZhongan
Zhongan logo

Zhongan

Insurance ServicesChinaPNK: ZZHGY
Last verified 20 days agozhongan.com

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.

28
DitchCarbon score

-9 vs industry average

Zhongan’s score of 28 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

Very Low

Insurance Services is among the least carbon-intensive industries

Industry performance

0.029
20192025

The Insurance Services industry has reduced its overall emissions by 7% since 2019

Emissions trajectory 2020 – 2027

0.0M0.0M0.0M0.0M0

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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, a financial services provider based in China, has reported its carbon emissions for several years. In 2024, the company's total emissions were approximately 4,773,310 kg CO2e. This figure comprises Scope 1 emissions of about 571,100 kg CO2e, Scope 2 emissions of approximately 1,593,270 kg CO2e, and Scope 3 emissions of roughly 2,608,940 kg CO2e. For the year 2022, Zhongan reported total emissions of approximately 313,830 kg CO2e. This included Scope 1 emissions of about 63,660 kg CO2e, Scope 2 emissions of approximately 170,970 kg CO2e, and Scope 3 emissions of around 79,200 kg CO2e. In 2020, Zhongan's total carbon emissions were approximately 1,011,770 kg CO2e, with Scope 1 at about 106,460 kg CO2e, Scope 2 at approximately 470,390 kg CO2e, and Scope 3 at around 434,930 kg CO2e. Previous reporting includes 2019, with total emissions of about 1,656,600 kg CO2e (Scope 1: 114,420 kg CO2e, Scope 2: 912,270 kg CO2e, Scope 3: 629,910 kg CO2e), and 2017, with total emissions of approximately 1,060,600 kg CO2e (Scope 1: 64,280 kg CO2e, Scope 2: 725,460 kg CO2e, Scope 3: 270,870 kg CO2e). Emissions data for 2023 is not available in the provided information. Zhongan does not appear to have publicly disclosed specific reduction targets or commitments through SBTi or other initiatives in the latest available reports. The company's reporting often includes details on greenhouse gas intensity per employee and per square meter of floor area.

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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

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Zhongan logoZhongan
CNInsurance Services
20 days ago
28
Axa logoAxa
FRInsurance Services
13 days ago
100
View
SeeTec GmbH logoSeeTec GmbH
DEComputer Services
24 days ago
96
View
Prudential Financial logoPrudential Financial
GBInsurance Services
2 days ago
78
View
ALLIANZ GROUP logoALLIANZ GROUP
DEInsurance Services
24 days ago
76
View
Milestone Systems A/S logoMilestone Systems A/S
DKComputer Services
24 days ago
75
View
Manulife logoManulife
CAFinancial Intermediation
3 days ago
75
View

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