Zhongrong Life Insurance Co., Ltd.
Zhongrong Life Insurance Co., Ltd., commonly referred to as Zhongrong Life, is a prominent player in the insurance industry, headquartered in China (CN). Established in 2003, the company has rapidly expanded its operations across major regions, providing a diverse range of insurance products and services tailored to meet the needs of individuals and businesses alike. Zhongrong Life focuses on life insurance, health insurance, and annuities, distinguishing itself through innovative offerings and customer-centric solutions. With a commitment to financial security and risk management, the company has achieved significant milestones, solidifying its market position as a trusted provider in the competitive landscape of life insurance. As it continues to grow, Zhongrong Life remains dedicated to enhancing the insurance experience for its clients.
DitchCarbon Score
How does Zhongrong 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
Zhongrong Life Insurance Co., Ltd.'s score of 26 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zhongrong Life Insurance Co., Ltd.'s reported carbon emissions
In 2023, Zhongrong Life Insurance Co., Ltd. reported total carbon emissions of approximately 367,350 kg CO2e. This figure includes 57,610 kg CO2e from Scope 1 emissions, 279,020 kg CO2e from Scope 2 emissions, and 30,720 kg CO2e from Scope 3 emissions. The company has set ambitious long-term reduction targets, aiming to achieve a 90% reduction in absolute Scope 1 and Scope 2 greenhouse gas emissions by 2045, using 2023 as the base year. Additionally, they plan to reduce these emissions by 58.8% by 2034 from the same base year. These commitments reflect Zhongrong's dedication to addressing climate change and reducing its carbon footprint in alignment with industry standards.
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| 2023 | |
|---|---|
| Scope 1 | 57,610 |
| Scope 2 | 279,020 |
| Scope 3 | 30,720 |
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.
Zhongrong Life Insurance Co., Ltd. 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.
