Ping An Insurance (Group) Co. of China Ltd.
Industry Group: Insurance
Country/Region: China
Identifier: HKG:2318
Founded in 1988, Ping An Insurance is an integrated financial service provider headquartered in Shenzhen. The company has a focus on the offerings of healthcare services and integrated financial products. Ping An is China's second-largest life and P&C insurer. The company strives for an integrated financial services platform comprising life insurance, P&C insurance, banking, other financial services, and technology. These business segments contributed 89%, 8%, 23%, -18%, and 2% of the company’s operating profits, respectively, in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Insurance 31 out of 299
Universe
Global Universe 1952 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.
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.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Ping An Insurance (Group) Co. of China Ltd.
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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 Ping An Insurance (Group) Co. of China Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
