AIA Group Limited
AIA Group Limited, commonly referred to as AIA, is a leading pan-Asian life insurance and financial services provider headquartered in Hong Kong. Established in 1919, AIA has grown to become one of the largest life insurers in the Asia-Pacific region, with a strong presence in markets such as China, Singapore, and Malaysia. The company offers a diverse range of products, including life insurance, health insurance, and retirement solutions, distinguished by their customer-centric approach and innovative digital services. AIA's commitment to enhancing the well-being of its policyholders has earned it numerous accolades, solidifying its position as a trusted brand in the insurance industry. With a rich history and a focus on sustainable growth, AIA continues to set benchmarks in the financial services sector.
DitchCarbon Score
How does AIA Group Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
AIA Group Limited's score of 53 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AIA Group Limited's reported carbon emissions
In 2024, AIA Group Limited reported total carbon emissions of approximately 63,927,000 kg CO2e. This includes Scope 1 emissions of about 2,566,000 kg CO2e, Scope 2 emissions of approximately 53,138,000 kg CO2e (both market-based and location-based), and Scope 3 emissions from business travel amounting to about 8,223,000 kg CO2e. The combined Scope 1 and 2 emissions totalled around 55,704,000 kg CO2e. For the previous year, 2023, AIA's emissions were approximately 58,000,000 kg CO2e, with Scope 1 emissions at about 1,480,000 kg CO2e, Scope 2 emissions at around 43,774,000 kg CO2e, and Scope 3 emissions from business travel reaching about 9,956,000 kg CO2e. AIA Group has set ambitious climate commitments, aiming for net-zero emissions by 2050. Specifically, they are targeting a 46.2% reduction in Scope 1 and 2 emissions by 2030, with this commitment established in 2023. These targets align with the Science Based Targets initiative (SBTi) and are designed to meet the requirements necessary to limit global warming to 1.5°C. The company’s emissions data is self-reported and does not cascade from any parent organization. AIA Group Limited is headquartered in Hong Kong and operates within the financial services sector, focusing on insurance and diverse financial solutions.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 3,265,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 48,009,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,277,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
AIA Group Limited is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
