- Varying degrees of infrastructure and policy readiness to tackle climate change across different markets.
- Challenges in collecting reliable emission data in Asian markets due to lack of standardized frameworks.
- Limited ability to influence emission reduction in leased buildings.
- Constraints in technology, grid connectivity, and storage capacity limiting direct access to renewable energy infrastructure.
- Varying availability of renewable energy instruments across Asia.
AIA Group Limited
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, AIA Group Limited disclosed greenhouse gas emissions of 74 ktCO2e (2019). 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
74 ktCO2e (2019)
2023
π Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 74 ktCO2e (2019) |
| 2018 | 55.8K tonnes CO2e/year |
| 2016 | 56.6K tonnes of CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
β Reported Environmental Achievements
- Became the first pan-Asian life and health insurer to have near-term targets validated by the SBTi in 2023.
π― Climate & Sustainability Targets
π Short-term
- Reduce Scope 1 & 2 emissions by 46.2% by 2030 (from 2019 baseline).
- Achieve SBTi-validated targets for 31% of in-scope portfolio by 2025.
- Reduce GHG emissions from power generation sector by 49.3% per MWh by 2030.
- Reduce GHG emissions from real estate portfolio by 58.5% per sqm by 2030.
π Long-term
- Net-Zero Scope 1 & 2 emissions by 2050.
- 100% of in-scope portfolio setting SBTi-validated targets by 2040.
- Net-Zero emissions from in-scope power generation investments by 2050.
- Net-Zero emissions from in-scope real estate investments by 2050.
π± ESG Focus Areas
Climate Change