PICC Property and Casualty Co Ltd
PICC Property and Casualty's GHG Emissions Data Preview
In 2023, PICC Property and Casualty 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).
PICC Property and Casualty 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
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 PICC Property and Casualty's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of PICC Property and Casualty amounted to 5,033.32 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 PICC Property and Casualty increased by 6.08%, suggesting that the company faced challenges in reducing its emissions from its core operations.
PICC Property and Casualty's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are PICC Property and Casualty's Scope 1 emissions?
In 2023, the total Scope 1 emissions of PICC Property and Casualty were 169.44 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has PICC Property and Casualty reduced its Scope 1 emissions over time?
Since 2021, PICC Property and Casualty's Scope 1 emissions have decreased by 8.45%, reflecting a declining long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), PICC Property and Casualty's Scope 1 emissions increased by 8.35%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are PICC Property and Casualty's Scope 2 emissions?
In 2023, PICC Property and Casualty reported Scope 2 greenhouse gas (GHG) emissions of 4,863.88 tCOâ‚‚e without specifying the calculation method.
Has PICC Property and Casualty reduced its Scope 2 emissions over time?
Since 2021, PICC Property and Casualty's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that PICC Property and Casualty 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), PICC Property and Casualty's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that PICC Property and Casualty 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does PICC Property and Casualty use for Scope 2 reporting?
In 2023, PICC Property and Casualty reported its Scope 2 emissions using an unspecified methodology.
PICC Property and Casualty's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into PICC Property and Casualty's Value Chain Emissions
In 2023, PICC Property and Casualty reported 953.48 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 PICC Property and Casualty includes a breakdown across 1 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
PICC Property and Casualty's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are PICC Property and Casualty's Scope 3 emissions?
In 2023, PICC Property and Casualty reported total Scope 3 emissions of 953.48 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
What categories of Scope 3 emissions does PICC Property and Casualty disclose?
In 2023, PICC Property and Casualty reported emissions for 1 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of PICC Property and Casualty's Scope 3 emissions?
In 2023, the largest contributors to PICC Property and Casualty's Scope 3 emissions were:
- Business Travel (Cat. 6): 953.48 tCOâ‚‚e (100%)
PICC Property and Casualty's Scope 3 Emissions by Categories
Insights into PICC Property and Casualty's Total Carbon Footprint
In 2023, PICC Property and Casualty reported a total carbon footprint of 5,986.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.18% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to PICC Property and Casualty's total carbon footprint was Scope 2 emissions, accounting for 81.24% of the company's total carbon footprint, followed by Scope 3 emissions at 15.93%.