- Complex external environment due to the COVID-19 pandemic
- Managing financial risks
- Ensuring supply chain sustainability
China Life Insurance Company Limited
Greenhouse gas emissions & sustainability report data
In its 2020 reporting, China Life Insurance Company Limited disclosed greenhouse gas emissions of 1.5M tCO2e/year. By scope: Scope 1: 61.8K tCO2e/year; Scope 2: 1.4M tCO2e/year. 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
1.5M tCO2e/year
2020
Water Usage
8.7M tons/year
2020
Waste
717.59 tons of electronic waste + 5,342.09 tons of other waste/year
2020
Energy Use
348.2K tons of standard coal/year
2020
📊 Emissions by Scope (2020)
| 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). | 61.8K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.4M tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced greenhouse gas emissions (though specific figures are not clearly stated and require further calculation from the provided data)
- Reduced paper consumption through paperless initiatives (exceeded 100 million online paperless insurance policies)
- Achieved “National Green Data Center” certification for its data center
🎯 Climate & Sustainability Targets
🔜 Short-term
- Continue to focus on China Life’s “Poverty Alleviation Insurance” Project
📅 Medium-term
- Consolidate poverty alleviation results; help poverty-stricken areas achieve high-quality poverty alleviation
🔭 Long-term
- Promote the effective connection between comprehensive poverty alleviation and rural revitalization
🌱 ESG Focus Areas
Poverty alleviationPandemic responseRegional developmentRural revitalizationFinancial risk preventionCustomer serviceEmployee well-beingGreen financeLow-carbon operationsCorporate governanceComplianceSupply chain managementHealth insuranceDigital innovation