ZhongAn Online P & C Insurance Co Ltd
ZhongAn's GHG Emissions Data Preview
In 2023, ZhongAn 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).
ZhongAn 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 ZhongAn's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of ZhongAn amounted to 336.63 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 ZhongAn increased by 43.47%, suggesting that the company faced challenges in reducing its emissions from its core operations.
ZhongAn's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are ZhongAn's Scope 1 emissions?
In 2023, the total Scope 1 emissions of ZhongAn were 57.61 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Compared to the previous year (2022), ZhongAn's Scope 1 emissions decreased by 9.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are ZhongAn's Scope 2 emissions?
In 2023, ZhongAn reported Scope 2 greenhouse gas (GHG) emissions of 279.02 tCOâ‚‚e without specifying the calculation method.
Has ZhongAn reduced its Scope 2 emissions over time?
Compared to the previous year (2022), ZhongAn's Scope 2 emissions (Unspecified Calculation Method) rose by 63.2% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy
What methodology does ZhongAn use for Scope 2 reporting?
In 2023, ZhongAn reported its Scope 2 emissions using an unspecified methodology.
ZhongAn's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into ZhongAn's Value Chain Emissions
In 2023, ZhongAn reported 30.72 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 ZhongAn 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
ZhongAn's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are ZhongAn's Scope 3 emissions?
In 2023, ZhongAn reported total Scope 3 emissions of 30.72 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.
Compared to the previous year (2022), ZhongAn's Scope 3 emissions decreased by 61.21%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does ZhongAn disclose?
In 2023, ZhongAn 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 ZhongAn's Scope 3 emissions?
In 2023, the largest contributors to ZhongAn's Scope 3 emissions were:
- Waste Generated in Operations (Cat. 5): 30.72 tCOâ‚‚e (100%)
ZhongAn's Scope 3 Emissions by Categories
Insights into ZhongAn's Total Carbon Footprint
In 2023, ZhongAn reported a total carbon footprint of 367.35 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.05% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to ZhongAn's total carbon footprint was Scope 2 emissions, accounting for 75.95% of the company's total carbon footprint, followed by Scope 1 emissions at 15.68%.