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Sunshine Insurance Group Co Ltd

Common Name
Sunshine Insurance Group
Country
China (Mainland)
Sector
Financial Services
Industry
Insurance - Property & Casualty
Employees
45,523
Ticker
6963
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
Sunshine Insurance Group Co. Ltd. is a prominent company in the insurance industry, providing a comprehensive range of insurance services. The primary function of Sunshine Insurance is to offer variou...

Sunshine Insurance Group's GHG Emissions Data Preview

In 2024, Sunshine Insurance Group 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, Sunshine Insurance Group has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
13,092.96a
13,864.81a
18,594.11a
Total Scope 2
Unspecified Calculation Method
44,040.2a
45,660.1a
46,083.09a
Total Scope 3
N/AN/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.3034a
1.5537a
2.09a
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Verified Sources Behind Sunshine Insurance Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Sunshine Insurance Group's Sustainability Report 2024

Insights into Sunshine Insurance Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Sunshine Insurance Group amounted to 57,133.16 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Sunshine Insurance Group decreased by 4.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Sunshine Insurance Group's Scope 1 Emissions Over Time

20222023202405 k10 k15 k20 ktCO2e-25%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Sunshine Insurance Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Sunshine Insurance Group were 13,092.96 metric tons of CO₂ equivalent (tCO₂e).a

Has Sunshine Insurance Group reduced its Scope 1 emissions over time?

Since 2022, Sunshine Insurance Group's Scope 1 emissions have decreased by 29.59%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Sunshine Insurance Group's Scope 1 emissions decreased by 5.57%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Sunshine Insurance Group's Scope 2 emissions?

In 2024, Sunshine Insurance Group reported Scope 2 greenhouse gas (GHG) emissions of 44,040.2 tCO₂e without specifying the calculation method.a

Has Sunshine Insurance Group reduced its Scope 2 emissions over time?

Since 2022, Sunshine Insurance Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sunshine Insurance Group's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year (2023), Sunshine Insurance Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Sunshine Insurance Group's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Sunshine Insurance Group use for Scope 2 reporting?

In 2024, Sunshine Insurance Group reported its Scope 2 emissions using an unspecified methodology.a

Sunshine Insurance Group's Scope 2 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sunshine Insurance Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Sunshine Insurance Group reported Scope 1 greenhouse gas (GHG) emissions of 13,092.96 tCO₂e and total revenues of USD 10,045 millions. This translates into an emissions intensity of 1.3 tCO₂e per millions USD.a

Sunshine Insurance Group's Scope 1 Emissions Intensity Compared to Peers

101001,00010,000100,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)Tokio Marine HoldingsYear: 2024Scope 1: 12,517 tCO2eRevenue: $M 46,758Scope 1 Intensity: 0.27 tCO2e/$MProgressiveYear: 2024Scope 1: 32,281 tCO2eRevenue: $M 75,335Scope 1 Intensity: 0.43 tCO2e/$MChubbYear: 2024Scope 1: 28,246 tCO2eRevenue: $M 56,155Scope 1 Intensity: 0.50 tCO2e/$MGo Digit General InsuranceYear: 2025Scope 1: 26 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.02 tCO2e/$MPalomar HoldingsYear: 2024Scope 1: 222 tCO2eRevenue: $M 549Scope 1 Intensity: 0.40 tCO2e/$MQualitas ControladoraYear: 2024Scope 1: 14,538 tCO2eRevenue: $M 3,544Scope 1 Intensity: 4.10 tCO2e/$MRLIYear: 2023Scope 1: 304 tCO2eRevenue: $M 1,524Scope 1 Intensity: 0.20 tCO2e/$MSelective Insurance GroupYear: 2023Scope 1: 2,632 tCO2eRevenue: $M 4,232Scope 1 Intensity: 0.62 tCO2e/$MDefinity FinancialYear: 2024Scope 1: 1,266 tCO2eRevenue: $M 3,133Scope 1 Intensity: 0.40 tCO2e/$MHiscoxYear: 2024Scope 1: 549 tCO2eRevenue: $M 3,675Scope 1 Intensity: 0.15 tCO2e/$MHyundai Marine & Fire InsuranceYear: 2024Scope 1: 2,582 tCO2eRevenue: $M 9,692Scope 1 Intensity: 0.27 tCO2e/$MInsurance Australia GroupYear: 2025Scope 1: 6,770 tCO2eRevenue: $M 9,717Scope 1 Intensity: 0.70 tCO2e/$MSuncorp GroupYear: 2025Scope 1: 2,531 tCO2eRevenue: $M 10,152Scope 1 Intensity: 0.25 tCO2e/$MAssurantYear: 2024Scope 1: 1,282 tCO2eRevenue: $M 11,881Scope 1 Intensity: 0.11 tCO2e/$MAdmiral GroupYear: 2024Scope 1: 542 tCO2eRevenue: $M 5,866Scope 1 Intensity: 0.09 tCO2e/$MUnipol AssicurazioniYear: 2024Scope 1: 9,062 tCO2eRevenue: $M 13,712Scope 1 Intensity: 0.66 tCO2e/$MSamsung Fire & Marine InsuranceYear: 2024Scope 1: 5,794 tCO2eRevenue: $M 12,881Scope 1 Intensity: 0.45 tCO2e/$MCincinnati FinancialYear: 2024Scope 1: 14,273 tCO2eRevenue: $M 11,337Scope 1 Intensity: 1.26 tCO2e/$MW. R. BerkleyYear: 2024Scope 1: 10,412 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.76 tCO2e/$MDirect Line Insurance GroupYear: 2024Scope 1: 4,257 tCO2eRevenue: $M 6,015Scope 1 Intensity: 0.71 tCO2e/$MDB InsuranceYear: 2024Scope 1: 2,366 tCO2eRevenue: $M 11,742Scope 1 Intensity: 0.20 tCO2e/$MHanover Insurance GroupYear: 2024Scope 1: 4,589 tCO2eRevenue: $M 6,216Scope 1 Intensity: 0.74 tCO2e/$MPICCYear: 2024Scope 1: 650 tCO2eRevenue: $M 82,248Scope 1 Intensity: 0.01 tCO2e/$MPICC Property and CasualtyYear: 2024Scope 1: 182 tCO2eRevenue: $M 65,118Scope 1 Intensity: 0.00 tCO2e/$MZhongAnYear: 2024Scope 1: 571 tCO2eRevenue: $M 4,595Scope 1 Intensity: 0.12 tCO2e/$MSunshine Insurance GroupYear: 2024Scope 1: 13,093 tCO2eRevenue: $M 10,045Scope 1 Intensity: 1.30 tCO2e/$M

How does Sunshine Insurance Group's GHG emissions intensity compare to its peers?

In 2024, Sunshine Insurance Group reported a Scope 1 emissions intensity of 1.3 tCO₂e per millions USD. Compared to the peer group median of 0.4, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Sunshine Insurance Group rank on GHG emissions intensity within its industry?

In 2024, Sunshine Insurance Group ranked 25 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Sunshine Insurance Group among the least efficient performers, with one of the highest emissions intensities in its sector.a

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