Sep 9, 2024, 3:10 AM
Sep 9, 2024, 3:10 AM

Ping An recognized for sustainability in Hong Kong for 14th year

Highlights
  • Ping An Insurance has been included in the Hang Seng Corporate Sustainability Index Series for 2024-2025, marking its 14th consecutive year.
  • The company has made significant investments in green finance and healthcare, with a network of approximately 50,000 doctors and substantial green investments.
  • Ping An's ongoing commitment to sustainability and community support positions it as a leader in integrated financial and health services.
Story

Ping An Insurance (Group) Company of China has been recognized as a constituent member of the Hang Seng Corporate Sustainability Index Series for the 2024-2025 period, marking its 14th consecutive year in this prestigious index. This recognition reflects the growing global emphasis on corporate sustainability, with investors increasingly prioritizing companies that demonstrate strong sustainability practices. Ping An's commitment to sustainable development is integral to its strategy, aiming to enhance long-term value for stakeholders. As of June 2024, Ping An has made significant strides in its health and senior care ecosystem, boasting a network of around 50,000 doctors across various healthcare facilities in Mainland China. The company has also focused on green finance, with investments in sustainable initiatives reaching RMB124.88 billion and a green loan balance of RMB164.63 billion. These efforts have contributed to a substantial reduction in carbon emissions, showcasing Ping An's dedication to environmental protection. In addition to its financial and healthcare initiatives, Ping An has actively supported disaster relief efforts, paying approximately RMB2.9 billion in insurance claims and donating RMB10 million to aid earthquake recovery in Gansu and Qinghai. The company has also invested in rural education, contributing to the construction of 119 Hope Primary Schools and engaging over 500,000 volunteers in community initiatives. With a total asset value of RMB12,226,666 million as of June 2024, Ping An continues to strive towards becoming a leading integrated financial, health, and senior care services group, reinforcing its commitment to sustainability and social responsibility.

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