ZhongAn Insurance

Sustainability Report and Carbon Intensity Rankings

Is ZhongAn Insurance doing their part?

Their DitchCarbon score is 44

ZhongAn 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, suggesting there is significant room for improvement in reducing emissions. A higher score would denote a lower carbon intensity and better alignment with environmental sustainability goals.

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

ZhongAn 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

ZhongAn Insurance operates in China, a region with a carbon intensity rating that influences the company’s environmental impact. The sustainability efforts of ZhongAn Insurance are thus affected by China’s national strategies and policies on carbon emissions.

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

Over 500+ downloads

The Ultimate Guide to Building Sustainability Into Procurement​​

In this guide you can learn about the three stages of sustainable procurement.

Stage 1) – Identify and Communicate
Sustainability Maturity

Stage 2) – Start to Give Preference to Mature Suppliers

Stage 3) – Make Climate Action a “Hard” Measure for Procurement

6.83%

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

ZhongAn Insurance, founded in October 2013 and headquartered in Shanghai, operates within the finance sector as China’s pioneering online-only Insuretech company. The company specializes in developing ecosystem-oriented insurance products and solutions, leveraging advanced technologies such as artificial intelligence and big data analytics to enhance customer experience and risk management. By 2017, ZhongAn had sold over 9.5 billion insurance policies, making it the largest online insurance company in China by gross written premiums and policy sales.

emission intelligence's platform recommendations for ZhongAn Insurance

ZhongAn Insurance should set clear and achievable reduction targets for all purchased energy types to potentially lower their emissions by 30%.

Bad news, ZhongAn Insurance hasn't committed to SBTi goals yet

ZhongAn Insurance has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company is still in the process of defining its goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology

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

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