AIA Group Ltd
AIA Group's GHG Emissions Data Preview
In 2023, AIA Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).
AIA Group has also provided a category-level breakdown for 1 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions 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 Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of AIA Group amounted to 44,770 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of AIA Group decreased by 5.16%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
AIA Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are AIA Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of AIA Group were 1,487 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has AIA Group reduced its Scope 1 emissions over time?
Since 2018, AIA Group's Scope 1 emissions have decreased by 64.16%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), AIA Group's Scope 1 emissions decreased by 56.69%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are AIA Group's Scope 2 emissions?
In 2023, AIA Group reported Scope 2 greenhouse gas (GHG) emissions of 30,630 tCOâ‚‚e using the market-based method, and 43,283 tCOâ‚‚e using the location-based method.
Has AIA Group reduced its Scope 2 emissions over time?
Compared to the previous year (2022), AIA Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that AIA Group 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does AIA Group use for Scope 2 reporting?
In 2023, AIA Group reported its Scope 2 emissions using the market-based method and using the location-based method.
AIA Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into AIA Group's Value Chain Emissions
In 2023, AIA Group reported 9,956 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of AIA Group includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
AIA Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are AIA Group's Scope 3 emissions?
In 2023, AIA Group reported total Scope 3 emissions of 9,956 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has AIA Group reduced its Scope 3 emissions over time?
Since 2018, AIA Group's Scope 3 emissions have increased by 15.82%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), AIA Group's Scope 3 emissions increased by 155.94%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does AIA Group disclose?
In 2023, AIA Group reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of AIA Group's Scope 3 emissions?
In 2023, the largest contributors to AIA Group's Scope 3 emissions were:
- Business Travel (Cat. 6): 9,956 tCOâ‚‚e (100%)
AIA Group's Scope 3 Emissions by Categories
Insights into AIA Group's Total Carbon Footprint
In 2023, AIA Group reported a total carbon footprint of 54,726 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.1% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to AIA Group's total carbon footprint was Scope 2 emissions, accounting for 79.09% of the company's total carbon footprint, followed by Scope 3 emissions at 18.19%.