China Taiping Insurance Holdings Co Ltd

Common Name
China Taiping
Country
Hong Kong
Sector
Financial Services
Industry
Insurance - Life
Employees
62,266
Ticker
966
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
China Taiping Insurance Holdings Company Limited, an investment holding company, underwrites various insurance and reinsurance products in the People's Republic of China, Hong Kong, Macau, Singapore, ...

China Taiping's GHG Emissions Data Preview

In 2023, 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).

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

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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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 China Taiping's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of China Taiping amounted to 58,626.65 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 China Taiping decreased by 26.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

China Taiping's Scope 1 Emissions Over Time

202020212022202303 k6 k9 k12 ktCO2e-41%+96%+87%
  • Total Scope 1
  • Year-over-Year Change

What are China Taiping's Scope 1 emissions?

In 2023, the total Scope 1 emissions of China Taiping were 10,525.89 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has China Taiping reduced its Scope 1 emissions over time?

Since 2020, China Taiping's Scope 1 emissions have increased by 114.91%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), China Taiping's Scope 1 emissions increased by 87.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are China Taiping's Scope 2 emissions?

In 2023, China Taiping reported Scope 2 greenhouse gas (GHG) emissions of 48,100.76 tCOâ‚‚e without specifying the calculation method.

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 47.48%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), China Taiping's Scope 2 emissions (Unspecified Calculation Method) fell by 35.26% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does China Taiping use for Scope 2 reporting?

In 2023, China Taiping reported its Scope 2 emissions using an unspecified methodology.

China Taiping's Scope 2 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into China Taiping's Value Chain Emissions

In 2023, China Taiping reported 3,934.52 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 China Taiping includes a breakdown across 0 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.

China Taiping's Scope 3 Emissions Over Time

202020212022202301.5 k3 k4.5 k6 ktCO2e+16%-83%+426%
  • Total Scope 3
  • Year-over-Year Change

What are China Taiping's Scope 3 emissions?

In 2023, China Taiping reported total Scope 3 emissions of 3,934.52 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has China Taiping reduced its Scope 3 emissions over time?

Since 2020, China Taiping's Scope 3 emissions have remained relatively stable, indicating that China Taiping 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), China Taiping's Scope 3 emissions increased by 426.27%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into China Taiping's Total Carbon Footprint

In 2023, China Taiping reported a total carbon footprint of 62,561.17 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.45% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to China Taiping's total carbon footprint was Scope 2 emissions, accounting for 76.89% of the company's total carbon footprint, followed by Scope 1 emissions at 16.82%.

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