China Life Insurance Co. Ltd.
Industry Group: Insurance
Country/Region: China
Identifier: HKG:2628
With headquarters in Beijing, China Life Insurance is the largest life insurance company in China, commanding about 18% market share by end-2023. The firm offers group and individual life insurance through exclusive agents, bancassurance, and other marketing platforms. While the bulk of profits stem from life insurance policies, additional operations include short-term policies such as accident and health insurance. The company is focusing on building a senior-care ecosystem and reforming a new agent team for long-term growth.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 144 out of 299
Universe
Global Universe 6568 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
AIA Group Ltd. |
14.3
Low
|
16 out of 299 |
Ping An Insurance (Group) Co. of China Ltd. |
15.6
Low
|
31 out of 299 |
Aflac, Inc. |
18.6
Low
|
65 out of 299 |
China Life Insurance Co. Ltd. |
23.7
Medium
|
144 out of 299 |
Life Insurance Corporation of India |
33.3
High
|
283 out of 299 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
China Life Insurance Co. Ltd.'s Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
China Life Insurance Co. Ltd.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for China Life Insurance Co. Ltd.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted China Life Insurance Co. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level