New China Life Insurance Co., Ltd.
Industry Group: Insurance
Country/Region: China
Identifier: HKG:1336
New China Life Insurance is headquartered in Beijing and was established in 1996 by a combination of state-owned enterprises and private firms. It is currently the fourth-largest life insurer in China based on total assets. The company is partly owned by Huijin Investment, the government’s investment arm, which holds a 31% stake in New China Life. In 2011, the company was listed on both the Hong Kong and Shanghai stock exchanges.New China Life offers a wide range of life insurance products and services to both individual and institutional customers through its extensive distribution networks and diverse marketing channels. Additionally, it manages and invests insurance funds through its subsidiaries, including its Asset Management Company and Asset Management Company (Hong Kong).
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 205 out of 300
Universe
Global Universe 7720 out of 14642
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Principal Financial Group, Inc. |
10.4
Low
|
2 out of 300 |
| NN Group NV |
14.3
Low
|
15 out of 300 |
| Legal & General Group Plc |
16.3
Low
|
38 out of 300 |
| HDFC Life Insurance Co. Ltd. |
17.4
Low
|
53 out of 300 |
| New China Life Insurance Co., Ltd. |
26.2
Medium
|
205 out of 300 |
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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.
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.
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Top Material ESG Issues for New China Life Insurance Co., Ltd.
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Controversy Rating
Highest Controversy level that has impacted New China Life Insurance Co., Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
