AIA Group Limited

Greenhouse gas emissions & sustainability report data

πŸ“Š Latest report period: 2023πŸ—‚οΈ Report periods on file: 2023, 2022, 2021-01 to 2022-12, 2018, 2016

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.

πŸ’¨
GHG Emissions
74 ktCO2e (2019)
2023

πŸ“ˆ Emissions by Report Period

Report periodHeadline emissions figure reported
202374 ktCO2e (2019)
201855.8K tonnes CO2e/year
201656.6K tonnes of CO2e

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

βœ… Reported Environmental Achievements

🎯 Climate & Sustainability Targets

πŸ”œ 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.

πŸ”­ 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.

🌱 ESG Focus Areas

Climate Change

⚠️ Challenges & Risks +

  • 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.

πŸ“‹ Report Information

Reporting Period: 2023
Frameworks: SBTi, TCFD, CDP