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 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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. Explore Sunshine Insurance Group’s data sources below and access millions more through our Disclosure Search.

a. Sunshine Insurance Group's Sustainability Report 2024
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 11,219 millions. This translates into an emissions intensity of 1.17 tCO₂e per millions USD. a

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

201001,0005,00050,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)PMSGCPSNortheast SecuritiesYear: 2023Scope 1: 909 tCO2eRevenue: $M 898Scope 1 Intensity: 1.01 tCO2e/$MPPPICCYear: 2024Scope 1: 650 tCO2eRevenue: $M 82,248Scope 1 Intensity: 0.01 tCO2e/$MHua Xia BankYear: 2024Scope 1: 2,700 tCO2eRevenue: $M 13,307Scope 1 Intensity: 0.20 tCO2e/$MBank of ShanghaiYear: 2023Scope 1: 3,973 tCO2eRevenue: $M 7,111Scope 1 Intensity: 0.56 tCO2e/$MMMMinmetals CapitalYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,377Scope 1 Intensity: 0.02 tCO2e/$MBank of JiangsuYear: 2024Scope 1: 9,505 tCO2eRevenue: $M 11,064Scope 1 Intensity: 0.86 tCO2e/$MSSSouthwest SecuritiesYear: 2023Scope 1: 139 tCO2eRevenue: $M 286Scope 1 Intensity: 0.49 tCO2e/$MGRCBYear: 2024Scope 1: 140 tCO2eRevenue: $M 2,350Scope 1 Intensity: 0.06 tCO2e/$MLufax HoldingYear: 2023Scope 1: 118 tCO2eRevenue: $M 556Scope 1 Intensity: 0.21 tCO2e/$MGGGuotai Haitong SecuritiesYear: 2023Scope 1: 5,397 tCO2eRevenue: $M 5,032Scope 1 Intensity: 1.07 tCO2e/$MZhongAnYear: 2023Scope 1: 58 tCO2eRevenue: $M 4,501Scope 1 Intensity: 0.01 tCO2e/$MGF SecuritiesYear: 2024Scope 1: 2,041 tCO2eRevenue: $M 3,618Scope 1 Intensity: 0.56 tCO2e/$MHuatai SecuritiesYear: 2023Scope 1: 4,432 tCO2eRevenue: $M 4,783Scope 1 Intensity: 0.93 tCO2e/$MShenwan Hongyuan GroupYear: 2024Scope 1: 498 tCO2eRevenue: $M 3,304Scope 1 Intensity: 0.15 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MCCChina Galaxy SecuritiesYear: 2023Scope 1: 861 tCO2eRevenue: $M 2,618Scope 1 Intensity: 0.33 tCO2e/$MPPPICC Property and CasualtyYear: 2024Scope 1: 182 tCO2eRevenue: $M 72,932Scope 1 Intensity: 0.00 tCO2e/$MBank of BeijingYear: 2023Scope 1: 164 tCO2eRevenue: $M 9,321Scope 1 Intensity: 0.02 tCO2e/$MChina International CapitalYear: 2024Scope 1: 85 tCO2eRevenue: $M 4,229Scope 1 Intensity: 0.02 tCO2e/$MBank of NanjingYear: 2023Scope 1: 2,792 tCO2eRevenue: $M 6,236Scope 1 Intensity: 0.45 tCO2e/$MPing An BankYear: 2023Scope 1: 19,221 tCO2eRevenue: $M 23,155Scope 1 Intensity: 0.83 tCO2e/$MBank of CommunicationsYear: 2024Scope 1: 19,935 tCO2eRevenue: $M 35,409Scope 1 Intensity: 0.56 tCO2e/$MCITIC SecuritiesYear: 2024Scope 1: 1,265 tCO2eRevenue: $M 8,728Scope 1 Intensity: 0.14 tCO2e/$MSPD BankYear: 2023Scope 1: 900 tCO2eRevenue: $M 24,390Scope 1 Intensity: 0.04 tCO2e/$MSSSunshine Insurance GroupYear: 2024Scope 1: 13,093 tCO2eRevenue: $M 11,219Scope 1 Intensity: 1.17 tCO2e/$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 1.17 tCO₂e per millions USD. Compared to the peer group median of 0.23 , 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 24 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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