Ping An Insurance (Group) Co of China Ltd
Ping An's GHG Emissions Data Preview
In 2023, Ping An 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, Ping An has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| 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 Ping An's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Ping An amounted to 485,906.31 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 Ping An decreased by 10.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Ping An's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Ping An's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Ping An were 26,612.81 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Ping An reduced its Scope 1 emissions over time?
Since 2021, Ping An's Scope 1 emissions have increased by 334.72%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Ping An's Scope 1 emissions increased by 28.32%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Ping An's Scope 2 emissions?
In 2023, Ping An reported Scope 2 greenhouse gas (GHG) emissions of 459,293.5 tCOâ‚‚e without specifying the calculation method.
Has Ping An reduced its Scope 2 emissions over time?
Since 2021, Ping An's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 22.04%, reflecting a rising long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Ping An's Scope 2 emissions (Unspecified Calculation Method) fell by 12.19% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Ping An use for Scope 2 reporting?
In 2023, Ping An reported its Scope 2 emissions using an unspecified methodology.
Ping An's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Ping An's Value Chain Emissions
In 2023, Ping An reported 30,426.07 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 Ping An 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.
Ping An's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Ping An's Scope 3 emissions?
In 2023, Ping An reported total Scope 3 emissions of 30,426.07 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Ping An reduced its Scope 3 emissions over time?
Since 2021, Ping An's Scope 3 emissions have decreased by 34.62%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Ping An's Scope 3 emissions decreased by 18.72%, highlighting the company's efforts to lower indirect emissions from its value chain.
Insights into Ping An's Total Carbon Footprint
In 2023, Ping An reported a total carbon footprint of 516,332.38 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.16% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Ping An's total carbon footprint was Scope 2 emissions, accounting for 88.95% of the company's total carbon footprint, followed by Scope 3 emissions at 5.89%.