#Hong Kong #Ping An Insurance #Corporate Governance #ESG Excellence

Ping An Insurance Wins ESG Excellence Award

Ping An Insurance (Group) Company of China, Ltd. has proudly claimed the Award of Excellence in ESG at the prestigious Hong Kong Corporate Governance and ESG Excellence Awards 2025. This achievement marks the third consecutive year that Ping An has received this honor, which recognizes its leadership in corporate governance and sustainable practices.

The Awards Ceremony

The Hong Kong Corporate Governance and ESG Excellence Awards are co-organized by The Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy at Hong Kong Baptist University. The awards aim to celebrate listed companies that excel in environmental, social, and governance (ESG) criteria. The judging panel commended Ping An for setting concrete five-year sustainability goals and effectively embedding ESG principles into its corporate strategy. The Group's relentless pursuit of green finance innovation and low-carbon operations further exemplifies its commitment to social responsibility.

Sheng Ruisheng, Board Secretary of Ping An, expressed gratitude for the recognition, stating that it validates the company's ongoing commitment to sustainable development. He emphasized that Ping An will continue enhancing its governance and operational frameworks to ensure value creation for all stakeholders, including customers, employees, shareholders, and society as a whole.

Commitment to Governance and Shareholder Returns

Ping An's adherence to rigorous corporate governance standards is pivotal to its long-term success. The company maintains a board of directors comprising experts across insurance, finance, law, accounting, and technology, ensuring a variety of perspectives in decision-making. ESG governance is now centrally coordinated at the board level, enhancing accountability and oversight of the company’s sustainability-related strategies.

In line with its dedication to rewarding shareholders, Ping An has consistently paid dividends, returning over RMB 400 billion since its public listing, with growing payouts for 13 consecutive years. In the past five years alone, the compound annual growth rate of cash dividends stands at 4.3%, reflecting its commitment to delivering consistent long-term value to investors.

Advancements in Green Finance and Climate Resilience

Leveraging its comprehensive financial model, Ping An actively supports green development and industrial transformation through various channels, including insurance, credit, and investments. By mid-2025, Ping An’s green investments reached a remarkable RMB 144.482 billion, and the green loan balances were reported at RMB 251.746 billion, showcasing its significant efforts in promoting environmental sustainability. In addition, green insurance premiums for the initial three quarters hit RMB 55.279 billion, reflecting active participation in the green finance sector.

The company also works diligently within its operations to reduce carbon emissions. In 2024, Ping An implemented various energy-saving initiatives that led to a notable reduction of total greenhouse gas emissions by 8% year-on-year. One standout initiative includes the launch of an employee carbon account platform, setting a precedent in China’s insurance industry. By the end of 2024, this platform engaged 180,000 employees, recording about 2.26 million low-carbon actions and significantly reducing emissions by over 23,662 tons.

Furthermore, Ping An developed the advanced AI and big data-driven