Climate change, carbon reduction goal, and green finance are top global concerns. When choosing a life insurer, policyholders consider whether the business can develop sustainably. Climate governance is top-of-mind priority at China Life. The Company has integrated ESG into its core businesses to support low-carbon economy and help push for a sustainable transition. Asia Responsible Enterprise Awards (AREA) held by Enterprise Asia is known as the “Nobel Prize” in the field of corporate social responsibility and is one of Asia’s leading ESG awards. Businesses’ sustainable performance will be evaluated on effectiveness, achievability, relevance, and sustainability. China Life puts climate governance at the center of its business operation and investment management. Under the guidance of the Board and Sustainable Development Committee, the Company strives to reduce the impacts brought by climate risks and seizes the opportunities in different climate scenarios. These efforts have led to successful practices of sustainable finance. Standing out among the rest, the Company received recognition from the jury and was awarded “AREA 2023 Green Leadership Category”.
