Green and Low-Carbon Development Paired with Inclusive Finance: Driving High-Quality Growth in China
ShanghaiMay 28, 2026 /PRNewswire/ — AXA Tianping Property & Casualty Insurance Co., Ltd. (hereinafter referred to as “AXA Tianping”) recently released its 2025 Sustainability Practice and Progress Report. The report comprehensively presents the company’s systematic achievements in four key areas: green and low-carbon development, inclusive finance, talent empowerment, and digital governance. This marks a new milestone in the company’s deep integration of AXA Group’s global ESG strategy with China’s local high-quality development strategy. In 2025, the company has met AXA Group’s global mid-term carbon reduction targets on schedule, achieving significant breakthroughs in international authoritative ratings, industry awards, and social responsibility across multiple dimensions, demonstrating the firm commitment and tangible actions of foreign-funded insurers in advancing sustainable development in China.
Green and Low-Carbon Development: Fulfilling Commitments, Leading Industry Transformation
Guided by AXA Group’s strategic pillar of protecting nature, AXA Tianping continues to deepen its green operational transformation. In 2025, the company achieved 100% green electricity coverage across all office locations and met the group’s global mid-term carbon reduction target of a 20% decrease in carbon emissions compared to 2019. Digitalization serves as the core engine driving the company’s green development—the digitalization rate of auto insurance policies reached 99.99%, saving over 47.59 million sheets of paper in the auto insurance sector alone for the year. Meanwhile, the company’s green bond holdings have reached RMB 917 million, with green investments primarily focused on low-carbon transportation and clean energy, promoting environmentally friendly industries through responsible investment.
In terms of green product innovation, AXA Tianping led the promotion of a comprehensive strategic cooperation between AXA Group and People’s Insurance Company (Group) of China Limited, pioneering new energy vehicle insurance collaboration in Hong Kong and Southeast Asian markets. This initiative actively responds to China’s Belt and Road Initiative, supporting the global expansion of China’s new energy industry. Additionally, the company’s weather index and catastrophe insurance business has expanded to multiple provinces across the country, continuously building a professional system that combines local adaptability with international export capabilities. In terms of awareness enhancement, the completion rate of the AXA Climate Academy course among employees reached 95.9%, embedding the concept of green development deeply into the organizational DNA.
Inclusive Finance and Social Responsibility: Expanding Coverage Boundaries, Creating Shared Value
AXA Tianping has always regarded inclusive finance as a core pillar of its corporate social responsibility, committed to making insurance accessible to a broader population. In 2025, the employee welfare protection plan launched by the company for small and micro enterprises has served over 525 enterprises, covering approximately 150,000 employees. This innovative initiative won the Inclusive Finance Product Innovation Award at the 2025 China Inclusive Finance International Forum and was included as a best practice case in the “2025 Inclusive Insurance White Paper.”
In terms of corporate social responsibility, AXA Tianping’s employee volunteer participation rate reached 77.24% in 2025, a year-on-year increase of 3 percentage points. Collaborating with channel partners, the company contributed a total of 9,222 volunteer service hours throughout the year. Under the banner of “AXA Builds Love in Action,” the company carried out a series of public welfare initiatives, including child care, environmental protection, and rural revitalization. Partnering with ICBC-AXA Life, the company ventured into Liangshan, Sichuan, exploring a new public welfare model that synergizes education empowerment with child protection, integrating warmth into the national rural revitalization strategy.
Talent Empowerment and Digital Governance: Strengthening Foundations, Earning Market Trust
In talent development, AXA Tianping has established a two-tier training system covering general knowledge for all employees and in-depth empowerment for key positions, adhering to a workplace culture of diversity, equity, and inclusion. For the third consecutive year, the company received the Diversity, Equity, and Inclusion Award from the Employer Branding Research Institute. In digital governance, the company leverages technology to empower compliance operations and risk prevention, becoming the only insurance company to rank among the top 20 in the 2025 CDI China Digital Enterprise list, and winning multiple awards in fintech and digital transformation.
In October 2025, Moody’s, an internationally authoritative credit rating agency, granted AXA Tianping a CIS-2 ESG rating, fully recognizing the company’s systematic practices and sustained investment in environmental, social, and governance aspects, providing solid credit endorsement for the company’s high-quality development.
Zuo Weihao, CEO of AXA Tianping, stated: “Sustainable development is at the core of AXA Tianping’s long-term strategy and serves as our guiding principle for integrating into China’s high-quality development landscape. In 2025, whether it’s fulfilling the group’s carbon reduction commitments on schedule, deepening inclusive insurance coverage, or receiving Moody’s authoritative ESG rating recognition, these achievements are the result of the entire team’s continuous efforts. As a foreign-funded insurer deeply rooted in China, we feel a profound sense of responsibility. Moving forward, AXA Tianping will continue to take ‘protecting nature’ and ‘caring for people’ as its dual wings, integrating global perspectives with local commitments, and creating sustainable value to give back to customers, employees, and society, contributing to China’s economic and social progress toward a higher-quality future.”