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Ping An Again Selected for S&P Global's Sustainability Yearbook (China Edition), the Sole Mainland Insurance Company

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Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318) has been selected for S&P Global's "Sustainability Yearbook 2024 (China Edition)" for the second consecutive year. It is the only mainland Chinese insurance company to make the list, recognized for its outstanding ESG practices and sustainable development efforts.

In 2023, Ping An's green finance initiatives resulted in RMB37.3 billion in green insurance premium income, RMB146.3 billion in green loan balance, and RMB128.6 billion in green investment of insurance funds. The company also provided significant support for small and micro-enterprises and expanded its pension finance services.

Ping An maintains an "A" rating in MSCI ESG Ratings, ranking first in the multi-line insurance and brokerage industry in the Asia-Pacific region. It also holds a "low risk" rating from Sustainalytics, the highest among Mainland Chinese financial companies.

La Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318) è stata selezionata per il "Sustainability Yearbook 2024 (Edizione Cina)" di S&P Global per il secondo anno consecutivo. È l'unica compagnia di assicurazione cinese della Cina continentale ad entrare nella lista, riconosciuta per le sue pratiche ESG eccezionali e per gli sforzi di sviluppo sostenibile.

Nel 2023, le iniziative di finanza verde di Ping An hanno generato 37,3 miliardi di RMB in premi assicurativi verdi, 146,3 miliardi di RMB in saldo di prestiti verdi e 128,6 miliardi di RMB in investimenti verdi di fondi assicurativi. L'azienda ha anche fornito un sostegno significativo per piccole e micro-imprese ed ha ampliato i suoi servizi di finanza pensionistica.

Ping An mantiene un rating "A" nelle MSCI ESG Ratings, classificandosi al primo posto nel settore assicurativo multi-linea e di intermediazione nella regione Asia-Pacifico. Detiene anche un rating di "basso rischio" da Sustainalytics, il più alto tra le aziende finanziarie della Cina continentale.

Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318) ha sido seleccionada para el "Sustainability Yearbook 2024 (Edición China)" de S&P Global por segundo año consecutivo. Es la única compañía de seguros de China continental en la lista, reconocida por sus prácticas ESG excepcionales y sus esfuerzos en desarrollo sostenible.

En 2023, las iniciativas de financiamiento verde de Ping An resultaron en 37.3 mil millones de RMB en ingresos por primas de seguros verdes, 146.3 mil millones de RMB en saldo de préstamos verdes y 128.6 mil millones de RMB en inversiones verdes de fondos de seguros. La compañía también proporcionó un apoyo significativo a pequeñas y microempresas y amplió sus servicios de financiamiento de pensiones.

Ping An mantiene una calificación "A" en las calificaciones ESG de MSCI, ocupando el primer lugar en la industria de seguros multi-rama y corretaje en la región de Asia-Pacífico. También posee una calificación de "bajo riesgo" de Sustainalytics, la más alta entre las compañías financieras de China continental.

Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318)은 S&P Global의 "Sustainability Yearbook 2024 (중국판)"에 두 번째 연속으로 선정되었습니다. 이는 중국 본토의 유일한 보험사로, 뛰어난 ESG 관행과 지속 가능한 개발 노력으로 인정받고 있습니다.

2023년, Ping An의 그린 금융 이니셔티브는 373억 RMB의 그린 보험 프리미엄 소득, 1463억 RMB의 그린 대출 잔액, 1286억 RMB의 그린 투자를 보험 기금에서 창출했습니다. 회사는 또한 소규모 및 마이크로 기업에게 중요한 지원을 제공하고 연금 금융 서비스를 확장했습니다.

Ping An은 MSCI ESG 등급에서 "A" 등급을 유지하며 아시아 태평양 지역 다중 보험 및 중개 산업에서 1위를 기록하고 있습니다. 또한 중국 본토 금융 회사 중 가장 높은 '저위험' 등급을 Sustainalytics로부터 부여받고 있습니다.

La Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318) a été séléctionnée pour le "Sustainability Yearbook 2024 (Édition Chine)" de S&P Global pour la deuxième année consécutive. C'est la seule compagnie d'assurance chinoise du continent à figurer sur la liste, reconnue pour ses pratiques ESG exceptionnelles et ses efforts en matière de développement durable.

En 2023, les initiatives de financement vert de Ping An ont abouti à 37,3 milliards de RMB de revenus de primes d'assurance verte, 146,3 milliards de RMB de solde de prêts verts et 128,6 milliards de RMB d'investissements verts des fonds d'assurance. L'entreprise a également apporté un soutien significatif aux petites et micro-entreprises et a élargi ses services de financement des pensions.

Ping An maintient une note "A" dans les classements ESG de MSCI, se classant première dans l'industrie de l'assurance multi-lignes et du courtage dans la région Asie-Pacifique. Elle détient également une note de "risque faible" de Sustainalytics, la plus élevée parmi les entreprises financières du continent chinois.

Die Ping An Insurance (Group) Company of China, (HKEX: 2318; SSE: 601318) wurde für das "Sustainability Yearbook 2024 (China Edition)" von S&P Global zum zweiten Mal in Folge ausgewählt. Sie ist das einzige Versicherungsunternehmen aus dem chinesischen Festland, das auf der Liste steht und für ihre herausragenden ESG-Praktiken sowie ihre Bemühungen um nachhaltige Entwicklung anerkannt wird.

Im Jahr 2023 führte Pings Ans grüne Finanzinitiativen zu 37,3 Milliarden RMB an Prämieneinnahmen aus grünen Versicherungen, 146,3 Milliarden RMB an grünen Kreditbeständen und 128,6 Milliarden RMB an grünen Investitionen aus Versicherungsfonds. Das Unternehmen stellte auch erhebliche Unterstützung für kleine und Mikro-Unternehmen bereit und erweiterte seine Altersvorsorgefinanzierungsdienste.

Ping An hält ein „A“-Rating in den MSCI ESG Ratings und belegt den ersten Platz in der Mehrlinienversicherungs- und Maklerbranche im asiatisch-pazifischen Raum. Zudem hat es von Sustainalytics ein „geringes Risiko“-Rating erhalten, das höchste unter den Finanzunternehmen auf dem chinesischen Festland.

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HONG KONG and SHANGHAI, July 22, 2024 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) stood out from more than 1,700 companies to be featured in S&P Global's "Sustainability Yearbook 2024 (China Edition)". This is the second consecutive year Ping An was selected for the sustainability yearbook, the only insurance company in mainland China to make the list, thanks to its long-term exploration in sustainable development and outstanding performance in ESG practices.

S&P Global has published its global "Sustainability Yearbook" since 2008, and the China edition since 2023 to provide companies in mainland China, Hong Kong, and Macau with a regional benchmark. The yearbook is recognized for its professionalism and authority, and has become a key reference for global ESG investors and other stakeholders to assess corporate sustainability performance. For 2024, S&P Global's Corporate Sustainability Assessment team rigorously evaluated more than 1,700 Chinese companies across 60 industries, and ultimately selected 129 companies for inclusion in the yearbook.

As an ESG pioneer in China, Ping An actively embraces the principles of green, low carbon and sustainable development. Committed to exerting industry influence in this field, Ping An collaborates with domestic and foreign sustainability organizations to implement its sustainable development strategies across various financial services, including technology finance, green finance, inclusive finance, pension finance and digital finance. In 2023, Ping An's efforts in green finance resulted in green insurance premium income of RMB37.3 billion, a green loan balance of RMB146.3 billion, and green investment of insurance funds of RMB128.6 billion. In inclusive finance, Ping An P&C provided risk protection exceeding RMB200 trillion for nearly 2.29 million small and micro-enterprises. Ping An Bank provided inclusive loans to over 1.03 million small and micro-enterprises, with a loan balance of about RMB572.1 billion. In pension finance, Ping An introduced "insurance + home-based senior care" and "insurance + high-end senior care" service models, offering more than 580 home-based elderly care service items. To empower its business, Ping An employs more than 20,000 technology developers and 3,000 scientists, continuously enhancing its technological capabilities to promote sales, improve efficiency, and manage risks.

In recent years, Ping An has consistently maintained a leading position in international major ESG ratings. Notably, Ping An maintains an "A" in the MSCI ESG Ratings in 2023, remaining No.1 in the multi-line insurance and brokerage industry in the Asia-Pacific region. Ping An also has a "low risk" rating from Sustainalytics, the highest rating among Mainland Chinese financial companies.

About Ping An Group

Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services, Under the technology-driven "integrated finance + health and senior care" strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its 234 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of 2023, Ping An had RMB11,583,417 million in total assets. The Group ranked 29th in the Forbes Global 2000 list in 2024 and 33rd in the Fortune Global 500 list in 2023.

For more information, please visit www.group.pingan.com and follow us on LinkedIn - PING AN.

Cision View original content:https://www.prnewswire.com/news-releases/ping-an-again-selected-for-sp-globals-sustainability-yearbook-china-edition-the-sole-mainland-insurance-company-302202352.html

SOURCE Ping An Insurance (Group) Company of China, Ltd.

FAQ

What recognition did Ping An Insurance receive in S&P Global's Sustainability Yearbook 2024 (China Edition)?

Ping An Insurance (PNGAY) was selected for S&P Global's Sustainability Yearbook 2024 (China Edition) for the second consecutive year, being the only mainland Chinese insurance company to make the list.

How much green insurance premium income did Ping An generate in 2023?

In 2023, Ping An Insurance (PNGAY) generated RMB37.3 billion in green insurance premium income as part of its green finance initiatives.

What is Ping An's MSCI ESG Rating and ranking in the Asia-Pacific region?

Ping An Insurance (PNGAY) maintains an "A" rating in MSCI ESG Ratings and ranks first in the multi-line insurance and brokerage industry in the Asia-Pacific region.

How many retail customers does Ping An serve as of 2024?

As of 2024, Ping An Insurance (PNGAY) serves 234 million retail customers, providing them with financial advisory, family doctor, and senior care concierge services.

What was Ping An's total asset value at the end of 2023?

At the end of 2023, Ping An Insurance (PNGAY) reported total assets of RMB11,583,417 million.

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