AIA Group Ltd

Common Name
AIA Group
Country
Hong Kong
Sector
Financial Services
Industry
Insurance - Life
Employees
N/A
Ticker
1299
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
AIA Group Limited is a renowned insurance company that operates across multiple regions in Asia-Pacific. The company's primary function is to provide a diverse range of life insurance, accident and he...

AIA Group's Climate Target Data Preview

As of 2023, AIA Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into AIA Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Investments (Cat. 15)
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into AIA Group's Greenhouse Gas Emissions Pathways

As of 2023, AIA Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does AIA Group have a target to reduce the emissions from its operations?

As of 2023, AIA Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

AIA Group's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 74,000 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.

As of 2023, AIA Group is ahead of schedule on its operational emissions reduction target, having achieved 84.07% of the planned reduction.

AIA Group's Operational (Scope 1+2) Emissions Pathway

201920232030020 k40 k60 k80 kBaselineCurrent (-39%)

Does AIA Group have a target to reduce the emissions from its value chain?

As of 2023, AIA Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.

AIA Group's most ambitious value chain target is to reduce these emissions by 58.5% by 2030, compared to a baseline of 0.115 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2019.

AIA Group's Value Chain (Scope 3) Emissions Pathway

2019203000.030.060.090.12BaselineTarget 2030 (-58%)
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