AIA Group Limited

Life Insurance
1299.HK
HKD 64 0.63
Share price
$ 92 bn
Market Cap
$ 94 bn
Enterprise Value

Carbon footprint

0.31 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2021
How is this calculated?
-27%
YOY change in GHG emissions
Stronger than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

AIA Group Limited's GHG emissions (location-based) (Kt of CO2e)

AIA Group Limited's carbon footprint

AIA Group Limited reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 29 Kt (-11 /-27.1% y-o-y).

AIA Group Limited's Scope 3 emissions decreased to 1.3 Kt (-1 /-43.2% y-o-y). The rate of decline has slowed vs. the previous periods (CAGR -50.2% since 4Q'19).

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

AIA Group Limited also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Headline target: AIA Group's portfolio targets cover 55% of its total investment and lending by general account assets under management as of 2019. 1 As of that year, required activities made up 55% of AIA Group's total investment and lending by general account assets under management while optional activities made up 8% and out of scope activities made up 37%. https://sciencebasedtargets.org/resources/files/Target-language-and-summary_AIA-Group-Limited.docx.pdf

Company environmental metrics

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