As one of the world’s biggest insurance companies, PICC needs to phase out its support for coal in line with a credible 1.5ºC pathway, beyond which climate impacts in China and around the world are becoming increasingly untenable.
PICC
2024 Scorecard on Insurance, Fossil Fuels and the Climate Emergency
| Company | Country | ceo | Underwriting | Investment | Renewables : Fossils Premiums (%) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total | Coal | Oil & Gas | Total | Coal | Oil & Gas | |||||||
PICC | | Luo Xi | 0 / 10 Rank 26 Total 0 / 10 Coal 0 / 10 Oil & Gas 0 / 10 Total Rank 26 Coal Rank 26 Oil & Gas Rank 24 | 0 / 10 Rank 26 | 0 / 10 Rank 24 | 0 / 10 Rank 26 Total 0 / 10 Coal 0 / 10 Oil & Gas 0 / 10 Total Rank 26 Coal Rank 22 Oil & Gas Rank 26 | 0 / 10 Rank 22 | 0 / 10 Rank 26 | 24:76 | |||
CEO: Luo Xi
ChinaUnderwriting Score
Total
0 / 10
Rank 26
Coal
0 / 10
Rank 26
Oil & Gas
0 / 10
Rank 24
Investment Score
Total
0 / 10
Rank 26
Coal
0 / 10
Rank 22
Oil & Gas
0 / 10
Rank 26
Rank over time
The companies were ranked from 1 (best) to 30 (worst) based on their scores, companies with the same score were given the same rank. Data was not collected on oil & gas until 2020.
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