In 2024, China Pacific Insurance 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) and Scope 2 (indirect emissions from purchased energy).
However, China Pacific Insurance Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 44,275a | 44,162a | 43,519a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 170,143a | 200,897a | 188,008a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.804a | 0.9757a | 0.9212a |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Pacific Insurance Group amounted to 214,418 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 2023, the total operational greenhouse gas (GHG) emissions of China Pacific Insurance Group decreased by 12.5%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of China Pacific Insurance Group were 44,275 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, China Pacific Insurance Group's Scope 1 emissions have increased by 940.54%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), China Pacific Insurance Group's Scope 1 emissions remained relatively stable, indicating that China Pacific Insurance Group's emissions have plateaued with no significant change in its operational footprint.a
In 2024, China Pacific Insurance Group reported Scope 2 greenhouse gas (GHG) emissions of 170,143 tCO₂e without specifying the calculation method.a
Since 2020, China Pacific Insurance Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 65.9%, reflecting a rising long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), China Pacific Insurance Group's Scope 2 emissions (Unspecified Calculation Method) fell by 15.31% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, China Pacific Insurance Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, China Pacific Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 44,275 tCO₂e and total revenues of USD 55,068 millions. This translates into an emissions intensity of 0.8 tCO₂e per millions USD.a
In 2024, China Pacific Insurance Group reported a Scope 1 emissions intensity of 0.8 tCO₂e per millions USD. Compared to the peer group median of 0.26, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, China Pacific Insurance Group ranked 22 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places China Pacific Insurance Group among the least efficient performers, with one of the highest emissions intensities in its sector.a