Ping An remains the only Chinese insurer recognized for strong environmental, social, and governance (ESG) performance in S&P Global’s latest sustainability ranking.
Only Chinese Insurer on the 2025 List
Ping An Insurance (Group) Company of China, Ltd. has once again been included in the S&P Global Sustainability Yearbook (China Edition) for 2025. It remains the only insurance company from China to make the list.
Strict ESG Criteria Used in Selection
S&P Global assessed 1,662 companies across 60 industries. Only 164 companies were selected based on their ESG performance. For insurance firms, 18% of the score came from environmental factors, 33% from social impact, and 49% from governance and economic practices.
Strong Environmental Achievements
In 2024, Ping An recorded $8.13 billion (RMB58.6 billion) in green insurance premium income. This marked a 57% increase from the previous year.
Its green loan balance reached $21.9 billion (RMB157.8 billion), showing a 13% rise. The company also made $17.3 billion (RMB124.7 billion) in green investments using insurance funds.
Reducing Emissions and Promoting Green Energy
Ping An cut its operational greenhouse gas emissions by 8%. It purchased 11,612 megawatt-hours of green electricity, avoiding around 6,800 tonnes of carbon dioxide equivalent emissions.
The company also conducted climate risk scenario analyses and created plans to support the transition to a low-carbon future.
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