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 Waste Data Preview

In 2023, New China Life Insurance conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into New China Life Insurance’s Generation of Hazardous and Non-Hazardous Waste

In 2023, New China Life Insurance generated a total of 1,351 metric tonnes of waste.

Of this amount, 0.46% of New China Life Insurance's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.54% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

New China Life Insurance’s Hazardous vs Non-Hazardous Waste Over Time

20212022202303507001.05 k1.4 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How New China Life Insurance reduced the environmental impact of its waste?

Since 2021, New China Life Insurance's total waste generation increased by 28.76%, including a 40.95% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, New China Life Insurance reduced the hazardousness of its waste by 38.18%, with a further 14.15% decline in 2023, suggesting a sustained and meaningful shift toward safer waste profiles and lower environmental impact.

Overall, New China Life Insurance is generating more waste but has significantly reduced the share of hazardous materials, suggesting a partial decoupling of volume and toxicity that could reflect more responsible inputs or enhanced treatment.

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