China Taiping Insurance Holdings Co Ltd
China Taiping's GHG Emissions Data Preview
In 2024, China Taiping 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).
China Taiping 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 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Verified Sources Behind China Taiping’s Greenhouse Gas (GHG) Emissions Data
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Insights into China Taiping's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of China Taiping amounted to 50,069.23 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 Taiping decreased by 14.6%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
China Taiping's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are China Taiping's Scope 1 emissions?
In 2024, the total Scope 1 emissions of China Taiping were 9,399.67 metric tons of CO₂ equivalent (tCO₂e). a
Has China Taiping reduced its Scope 1 emissions over time?
Since 2020, China Taiping's Scope 1 emissions have increased by 91.92%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), China Taiping's Scope 1 emissions decreased by 10.7%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are China Taiping's Scope 2 emissions?
In 2024, China Taiping reported Scope 2 greenhouse gas (GHG) emissions of 40,669.56 tCO₂e without specifying the calculation method. a
Has China Taiping reduced its Scope 2 emissions over time?
Since 2020, China Taiping's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 24.7%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), China Taiping's Scope 2 emissions (Unspecified Calculation Method) fell by 15.45% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does China Taiping use for Scope 2 reporting?
In 2024, China Taiping reported its Scope 2 emissions using an unspecified methodology. a
China Taiping's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into China Taiping's Value Chain Emissions
In 2024, China Taiping reported 9,610.02 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 Taiping includes a breakdown across 1 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
China Taiping's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are China Taiping's Scope 3 emissions?
In 2024, China Taiping reported total Scope 3 emissions of 9,610.02 metric tons of CO₂ equivalent (tCO₂e). a
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. a
Has China Taiping reduced its Scope 3 emissions over time?
Since 2020, China Taiping's Scope 3 emissions have increased by 148.65%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), China Taiping's Scope 3 emissions increased by 144.25%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does China Taiping disclose?
In 2024, China Taiping reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of China Taiping's Scope 3 emissions?
In 2024, the largest contributors to China Taiping's Scope 3 emissions were: a
- Business Travel (Cat. 6): 9,610.02 tCO₂e (100%)
China Taiping's Scope 3 Emissions by Categories
Insights into China Taiping’s GHG Emissions Intensity Compared to Industry Peers
In 2024, China Taiping reported Scope 1 greenhouse gas (GHG) emissions of 9,399.67 tCO₂e and total revenues of USD 17,307 millions. This translates into an emissions intensity of 0.54 tCO₂e per millions USD. a
China Taiping's Scope 1 Emissions Intensity Compared to Peers
How does China Taiping's GHG emissions intensity compare to its peers?
In 2024, China Taiping reported a Scope 1 emissions intensity of 0.54 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does China Taiping rank on GHG emissions intensity within its industry?
In 2024, China Taiping ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
China Taiping is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into China Taiping's Total Carbon Footprint
In 2024, China Taiping reported a total carbon footprint of 59,679.25 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.61% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to China Taiping's total carbon footprint was Scope 2 emissions, accounting for 68.15% of the company's total carbon footprint, followed by Scope 3 emissions at 16.1%. a