In 2024, China Reinsurance (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).
However, China Reinsurance (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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of China Reinsurance (Group) amounted to 35,762.63 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 Reinsurance (Group) decreased by 30.62%, 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 Reinsurance (Group) were 10,046.26 metric tons of CO₂ equivalent (tCO₂e). a
Since 2022, China Reinsurance (Group)'s Scope 1 emissions have increased by 28.65%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), China Reinsurance (Group)'s Scope 1 emissions increased by 42.01%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, China Reinsurance (Group) reported Scope 2 greenhouse gas (GHG) emissions of 25,716.37 tCO₂e without specifying the calculation method. a
Since 2022, China Reinsurance (Group)'s Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 44.09%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), China Reinsurance (Group)'s Scope 2 emissions (Unspecified Calculation Method) fell by 42.17% 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 Reinsurance (Group) reported its Scope 2 emissions using an unspecified methodology. a
In 2024, China Reinsurance (Group) reported 640.49 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of China Reinsurance (Group) includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2024, China Reinsurance (Group) reported total Scope 3 emissions of 640.49 metric tons of CO₂ equivalent (tCO₂e). a
In 2024, China Reinsurance (Group) reported Scope 1 greenhouse gas (GHG) emissions of 10,046.26 tCO₂e and total revenues of USD 12,759 millions. This translates into an emissions intensity of 0.79 tCO₂e per millions USD. a
In 2024, China Reinsurance (Group) reported a Scope 1 emissions intensity of 0.79 tCO₂e per millions USD. Compared to the peer group median of 0.32 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
In 2024, China Reinsurance (Group) ranked 23 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places China Reinsurance (Group) among the least efficient performers, with one of the highest emissions intensities in its sector. a
In 2024, China Reinsurance (Group) reported a total carbon footprint of 36,403.12 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 29.37% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to China Reinsurance (Group)'s total carbon footprint was Scope 2 emissions, accounting for 70.64% of the company's total carbon footprint, followed by Scope 1 emissions at 27.6%. a