China Life Insurance Co Ltd

Common Name
China Life Insurance
Country
China (Mainland)
Sector
Financial Services
Industry
Insurance - Life
Employees
98,689
Ticker
601628
Exchange
SHANGHAI STOCK EXCHANGE
Description
China Life Insurance Company Limited is a prominent player in the insurance and financial services industry. As one of the largest life insurance companies in the world by market capitalization, it pr...

China Life Insurance's GHG Emissions Data Preview

In 2023, China Life Insurance 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) and Scope 2 (indirect emissions from purchased energy).

However, China Life Insurance has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind China Life Insurance’s Greenhouse Gas (GHG) Emissions Data

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a. China Life Insurance's ESG Report 2023
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Insights into China Life Insurance's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Life Insurance amounted to 689,851.08 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of China Life Insurance decreased by 2.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

China Life Insurance's Scope 1 Emissions Over Time

202120222023015 k30 k45 k60 ktCO2e-14%+3%
  • Total Scope 1
  • Year-over-Year Change

What are China Life Insurance's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Life Insurance were 49,860.25 metric tons of CO₂ equivalent (tCO₂e). a

Has China Life Insurance reduced its Scope 1 emissions over time?

Since 2021, China Life Insurance's Scope 1 emissions have decreased by 11.14%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), China Life Insurance's Scope 1 emissions increased by 3.05%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are China Life Insurance's Scope 2 emissions?

In 2023, China Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 639,990.83 tCO₂e without specifying the calculation method. a

Has China Life Insurance reduced its Scope 2 emissions over time?

Since 2021, China Life Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 36.42%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), China Life Insurance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that China Life Insurance 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does China Life Insurance use for Scope 2 reporting?

In 2023, China Life Insurance reported its Scope 2 emissions using an unspecified methodology. a

China Life Insurance's Scope 2 Emissions Over Time

2021202220230300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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