Ping An Insurance Company of China has announced new initiatives aimed at achieving carbon neutrality.
The insurer plans to reduce carbon emissions and then invest or purchase carbon credits to comply with international operating standards.
Ping An is also unveiling its "Green Finance +" operational plan which has five aspects namely green operations, green assets, green insurance, green charity and green technology.
Through this roadmap, the company is committed to supporting China's "30-60" goal of achieving carbon neutrality by 2060.
The insurer plans to achieve green investments worth 400 billion CNY (62.4 billion USD) and green insurance premiums worth 250 billion CNY (39.02 billion USD) by 2025.
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