EagleX climate risk management system
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Ping An Wins ESG Excellence at Hong Kong Corporate Governance & ESG Excellence Awards 2025
Prnewswireยท 2025-12-15 11:05
Core Insights - Ping An Insurance has received the Award of Excellence in ESG for the third time, recognizing its leadership in corporate governance and sustainable development [1][2] - The company has integrated ESG principles into its corporate strategy and set five-year sustainability goals, demonstrating a commitment to green finance and low-carbon operations [2][3] Corporate Governance - Ping An maintains rigorous corporate governance standards aligned with international best practices, with a board composed of experts from various fields [3] - ESG governance is led at the board level, ensuring full responsibility for ESG strategy and performance metrics integrated into executive reviews [3] Shareholder Returns - Since going public, Ping An has returned over RMB 400 billion in dividends, with a compound annual growth rate of cash dividends at 4.3% over the past five years [4] Green Finance Initiatives - By June 2025, Ping An's green investments totaled RMB 144.482 billion, with green loan balances at RMB 251.746 billion and green insurance premium income reaching RMB 55.279 billion in the first three quarters [5] Carbon Reduction Efforts - In 2024, Ping An reduced total greenhouse gas emissions to 439,291 tons, an 8% decrease year-on-year, and implemented a carbon account platform for employees [6] Climate Risk Management - The company developed the "EagleX" climate risk management system, which identified 3,619 high-risk disasters in 2024 and sent out 10.5 billion disaster alerts, significantly reducing potential losses [7] Social Responsibility - Ping An has built 119 "Ping An Hope Schools," provided vocational training to over 20,000 rural teachers, and invested over RMB 52 billion in industrial revitalization to support rural communities [8][9] Inclusive Finance - The company provided comprehensive risk protection to nearly 2.4 million micro and small businesses, processed over 900,000 claims, and served 782,000 micro and small enterprise loan clients [10] Future Strategy - Ping An aims to deepen its dual-engine strategy of integrated finance and health and senior care, enhancing its ESG management system and advancing green and inclusive finance [11]