China Life Insurance Co Ltd 2024 SR
The report highlights China Life's 2024 achievements in green development, social responsibility, and corporate governance. Key milestones include an MSCI ESG rating upgrade to A and over RMB 4.6 trillion invested in the real economy to support national strategies. The company advanced its digital transformation, achieving a 99.9% paperless application rate for personal long-term insurance and processing 96.7% of claims online. China Life also expanded its inclusive finance offerings, launching over 130 urban custom commercial medical insurance programs and managing 80 long-term care insurance projects. Governance was enhanced through a dual materiality assessment and a robust risk management system, maintaining a Class A rating for 26 consecutive quarters.
Company: China Life Insurance Co Ltd
Sector: Financials
Country: China
Year: 2024
Type: SR
Pages: 51
China Life Insurance Co Ltd
ESG And Social Responsibility Report
The report highlights China Life's 2024 achievements in green development, social responsibility, and corporate governance. Key milestones include an MSCI ESG rating upgrade to A and over RMB 4.6 trillion invested in the real economy to support national strategies. The company advanced its digital transformation, achieving a 99.9% paperless application rate for personal long-term insurance and processing 96.7% of claims online. China Life also expanded its inclusive finance offerings, launching over 130 urban custom commercial medical insurance programs and managing 80 long-term care insurance projects. Governance was enhanced through a dual materiality assessment and a robust risk management system, maintaining a Class A rating for 26 consecutive quarters.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 26, 2025
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