- Climate change exacerbating extreme weather and natural disasters, leading to higher insurance risks
- Irreversible climate impacts such as rising sea levels and increasing temperatures
- Stringent climate-related policies and legal requirements
- Rapid development of clean energy technology posing challenges in accurately pricing underwriting for new technologies
ZhongAn Online P & C Insurance Co., Ltd.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, ZhongAn Online P & C Insurance Co., Ltd. disclosed greenhouse gas emissions of 367.35 tonnes CO2e. By scope: Scope 1: 57.61 tonnes CO2e; Scope 2: 279.02 tonnes CO2e; Scope 3: 30.72 tonnes CO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
367.35 tonnes CO2e
2023
Water Usage
15.2K m³
2023
Waste
126.00 tonnes (non-hazardous), 71.87 kg (hazardous)
2023
Energy Use
759.39 MWh
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 57.61 tonnes CO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 279.02 tonnes CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 30.72 tonnes CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 367.35 tonnes CO2e |
| 2020 | 1.0K tonnes CO2e |
| 2019 | 1.7K tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved electricity efficiency goals (maintaining 130 kWh per employee)
- Achieved water efficiency target (maintaining a water consumption density of 4 cubic meters per employee)
- Did not violate any environmental laws and regulations
- Launched the “New Journey, Green Running” campaign promoting a green lifestyle
- Increased share of NEV insurance business by 6%, with an annual growth rate of 209%
- Launched over 50 green insurance products, providing over 2 million green insurance policies
🎯 Climate & Sustainability Targets
🔜 Short-term
- Maintain 130 kWh per employee electricity efficiency in the next three years
- Maintain a water consumption density of 4 cubic meters per employee in the next three years
- Maintain a density of 0.03 tonne per employee for non-hazardous waste in the next three years
🌱 ESG Focus Areas
Corporate GovernanceRisk ManagementBusiness EthicsPrivacy and Data SecuritySupply Chain Management and Responsible SourcingProduct and Service InnovationFinancial InclusionProtection of Customer Rights and InterestsDiversity and InclusionTalent Development and TrainingEmployee Health and SafetyEmployee Rights and CareClimate Change ResponsesResponsible InvestmentGreen Development and OperationCommunity Participation and Philanthropy