Ping An retains MSCI-ESG rating of 'A'

On November 29, MSCI announced that Ping An Insurance（Group）Company of China had maintained its 'A' grade rating for the second year in a row in the Environmental, Social, and Governance (ESG) assessment. This places Ping An Insurance at the forefront of the "Multi-Line Insurance & Brokerage" category in the Asia-Pacific region.

MSCI indices are widely utilized in the financial sector as crucial benchmarks for worldwide asset managers in making investment decisions and performing data analysis. According to the most recent MSCI evaluation report, Ping An outperformed the industry average in "Privacy & Data Security," "Access to Finance," and "Financing Environmental Impact." MSCI recognized Ping An's comprehensive measures in data protection, including acquiring external information security management standard certification and implementing a strong compliance plan. Additionally, the company's adept handling of environmental risks in corporate financing activities was highlighted. 

Ping An integrates core ESG principles and standards into corporate management, drawing on leading international corporate governance practices. With a focus on "Comprehensive Finance + Medical Health," driven by technology, the company strengthens its financial synergies, advances medical health and elderly care, enhances digital capabilities, and achieves sustainable, high-quality development.

Simultaneously leveraging its comprehensive finance advantages, Ping An actively promotes green finance to help China achieve its goal of reaching 'carbon peaking' by 2030 and 'carbon neutrality' by 2060. As of the end of June 2023, Ping An reached a green investment scale of CNY1409.29 billion in insurance assets. Its responsible banking boasts a balance of green loans amounting to 1349.26 billion yuan. Meanwhile, its sustainable insurance reported an original insurance premium income of CNY262.76 billion.

Furthermore, Ping An is dedicated to enhancing personal information protection by refining its information security management system and strengthening the protection of individual information and consumer rights. By the end of 2022, Ping An achieved a 93% coverage rate for ISO/IEC 27001 certification. In 2022, the company conducted over 50 specialized information security training sessions and awareness campaigns covering various domains, including terminal security and data security.

In fulfilling its corporate social responsibilities, Ping An consistently enhances its service capabilities and coverage. In 2022, it launched the "Rural Empowerment" initiative to aid the growth of small and medium-sized enterprises, having amassed a total investment of CNY103.241 billion in rural industrial assistance funds since 2018.

Looking forward, Ping An will continue to adhere to high corporate governance standards while focusing on a dual-track strategy of "Comprehensive Finance + Medical Health," powered by technology. As the company provides professional services to clients, it will persistently advance ESG governance standards, deepen green finance initiatives, implement sustainable development strategies, and create more robust and stable value for society.