China Taiping Insurance

Sustainability Report and Carbon Intensity Rankings

Is China Taiping Insurance doing their part?

Their DitchCarbon score is 44

China Taiping Insurance has a DitchCarbon Score of 44 out of 100, indicating moderate performance in sustainability efforts. This score reflects the company’s current carbon intensity level, suggesting there is significant room for improvement in reducing emissions. A higher score would denote stronger commitment and results in lowering carbon intensity and enhancing sustainability.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

China Taiping Insurance operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Unknown

High

Very high

China Taiping Insurance operates in a region with an unknown carbon intensity rating. Without this information, assessing the direct impact of China’s carbon intensity on the company’s sustainability efforts is challenging.
6.83%

...this company is doing 6.83% worse in emissions than the industry average.

China Taiping Insurance, founded in 1938 and headquartered in Shanghai, is a venerable institution in the finance sector. Officially resuming domestic personal insurance operations in November 2001 under the name “Taiping Life,” it is recognized as the sixth national life insurance company in China. With a registered capital of 6.23 billion RMB, the company offers a comprehensive range of life insurance services to its clientele.

Bad news, China Taiping Insurance hasn't committed to SBTi yet

China Taiping Insurance has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is yet to define and announce clear, science-based emissions reduction targets aligned with the latest climate science to limit global warming.

There’s always room for improvement,

DitchCarbon recommends...

China Taiping Insurance should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.