China Life Insurance Co Ltd 2023 SR
The report highlights China Life's 2023 ESG performance, marking its 20th anniversary of listing. The company integrated green finance into its operations, providing over RMB 600 billion in insurance coverage to green industries and investing more than RMB 460 billion in green sectors. Significant progress was made in inclusive insurance, covering 350 million residents with critical illness insurance and supporting rural revitalization with RMB 30.7 trillion in risk protection. Digital transformation reached a 99.9% paperless application rate for personal long-term insurance. The company also maintained a Class A risk rating for 22 consecutive quarters and achieved both domestic and international compliance management certifications.
Company: China Life Insurance Co Ltd
Sector: Finance & insurance
Country: China
Year: 2023
Type: SR
Pages: 45
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China Life Insurance Co Ltd
ESG And Social Responsibility Report
The report highlights China Life's 2023 ESG performance, marking its 20th anniversary of listing. The company integrated green finance into its operations, providing over RMB 600 billion in insurance coverage to green industries and investing more than RMB 460 billion in green sectors. Significant progress was made in inclusive insurance, covering 350 million residents with critical illness insurance and supporting rural revitalization with RMB 30.7 trillion in risk protection. Digital transformation reached a 99.9% paperless application rate for personal long-term insurance. The company also maintained a Class A risk rating for 22 consecutive quarters and achieved both domestic and international compliance management certifications.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
Mar 27, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees