GlobalData offers a comprehensive analysis of New China Life Insurance, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on New China Life Insurance‘s ESG performance. GlobalData’s company profile on New China Life Insurance offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

New China Life Insurance carried out a special survey on CSR material topics, covering all aspects of the Company’s ESG management and the implementation of the national carbon neutrality strategy. New China Life Insurance's latest filings mentioned the keywords 'Emissions' and 'Carbon' most number of times in relation to 'Climate Change'.

In 2021, the company reported Scope 1 emissions at 1,452.34 tones CO₂ equivalent and Scope 2 emissions at 1,7521.28 tones CO₂ equivalent. By 2021, the company has invested over RMB2 billion in green buildings and is expected to increase this investment in the future.

The company has taken steps to reduce its emissions, including promoting ESG awareness among employees and investing in green buildings. The company has also implemented green supply chain management and upgraded workplace bathrooms to save energy and water.

The company advocates the concept of low-carbon and environmental protection, strives to reduce the impact of its own operation on the environment. In terms of office decoration, NCI follows the principles of reasonable allocation, environmental protection and energy conservation, and optimizes the design scheme and strictly controls engineering techniques and materials to achieve the goal of energy conservation, high efficiency and low consumption.

In conclusion, New China Life Insurance is committed to practising sustainable development and has implemented measures to reduce its carbon emissions. The company has invested in responsible investment products and it has strengthened its efforts to assess the impact of customers, partners, and other stakeholders on the environment.

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GlobalData’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies representing the world’s largest industries. This analysis is combined with crucial details on strategic and investment priorities, innovation strategies, and CXO insights to provide comprehensive company profiles.