New China Life Insurance Co Ltd

Common Name
New China Life Insurance
Country
China (Mainland)
Sector
Financial Services
Industry
Insurance - Life
Employees
28,675
Ticker
601336
Exchange
SHANGHAI STOCK EXCHANGE
Description
New China Life Insurance Co. Ltd. is a prominent player in the Chinese insurance sector, focusing on life insurance and financial services. Founded in 1996 and headquartered in Beijing, the company ha...

New China Life Insurance's GHG Emissions Data Preview

In 2023, New 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, New China Life Insurance 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 New China Life Insurance's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of New China Life Insurance amounted to 29,327.73 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 New China Life Insurance increased by 61.79%, suggesting that the company faced challenges in reducing its emissions from its core operations.

New China Life Insurance's Scope 1 Emissions Over Time

20212022202306001.2 k1.8 k2.4 ktCO2e-21%+108%
  • Total Scope 1
  • Year-over-Year Change

What are New China Life Insurance's Scope 1 emissions?

In 2023, the total Scope 1 emissions of New China Life Insurance were 2,389.22 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

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

Since 2021, New China Life Insurance's Scope 1 emissions have increased by 64.51%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), New China Life Insurance's Scope 1 emissions increased by 108.13%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are New China Life Insurance's Scope 2 emissions?

In 2023, New China Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 26,938.51 tCOâ‚‚e without specifying the calculation method.

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

Since 2021, New China Life Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 53.75%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), New China Life Insurance's Scope 2 emissions (Unspecified Calculation Method) rose by 58.66% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

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

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

New China Life Insurance's Scope 2 Emissions Over Time

20212022202307 k14 k21 k28 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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