On March 26, China Pacific Insurance released its 2025 Sustainability Report. Building on 13 consecutive years of publishing corporate social responsibility reports, this marks the fifth consecutive year the company has issued a dedicated sustainability report.
In the final year of China’s 14th Five-Year Plan, China Pacific Insurance delivered a strong performance that balances both business value and social responsibility. The Group’s net profit attributable to shareholders increased by 19.0% year-on-year to RMB 53.505 billion. At the same time, the company achieved a major milestone in environmental, social and governance (ESG) performance, with its MSCI ESG rating upgraded from AA to the highest AAA level, making it the first insurance institution in mainland China to receive this rating.
In 2025, China Pacific Insurance systematically advanced its sustainability strategy from governance to execution. The company strengthened its ESG governance framework, embedded sustainability considerations across its full operational processes, and actively aligned with international initiatives such as the UN Principles for Sustainable Insurance (PSI) and the Principles for Responsible Investment (PRI).
It also enhanced long-term management mechanisms and performance evaluation systems, while promoting green transformation through sustainable insurance, responsible investment, low-carbon operations, and biodiversity protection, contributing to ecological civilization development.
On the underwriting side, the company continued to expand its green insurance product portfolio. In 2025, total green insurance coverage exceeded RMB 310 trillion, spanning clean energy, green transportation, catastrophe protection, and ecological carbon sink projects. In the clean energy sector, insurance coverage for wind, solar, hydropower, and nuclear energy projects exceeded RMB 73 trillion.
In the new energy vehicle sector, the company provided protection for more than 6.3 million electric vehicles and developed internationally oriented service capabilities. It also introduced innovative products such as carbon income loss insurance and carbon disclosure liability insurance, bringing its total number of pioneering green insurance products to 40.
On the investment side, China Pacific Insurance fully integrated ESG principles into its investment decision-making process. It developed an ESG rating and analysis system, established an ESG investment pool and negative screening mechanism, and conducted ESG assessments on more than 140 external asset managers. In 2025, its green investment scale exceeded RMB 300 billion, with capital directed toward clean transportation, ecological restoration, and new energy infrastructure through diversified instruments including debt investments, equity investments, and industrial funds.
In the area of inclusive finance and social welfare, the company continued to expand the reach of its protection services. Critical illness insurance covered 111 cities and approximately 227 million person-times, long-term care insurance served more than 120 million person-times, and its “Hui Min Bao” supplementary medical insurance covered around 150 million people. These programs have significantly reduced the financial burden of medical expenses and strengthened the multi-tiered healthcare security system. The company also continued to innovate in health insurance for individuals with pre-existing or chronic conditions, launching tailored products for cancer recurrence protection and chronic disease populations, improving accessibility for underserved groups.
In the pension and elderly care sector, the “Taiping Care Community” has expanded to 13 cities with 15 projects in operation, serving over 3,000 elderly residents. The company’s rehabilitation hospitals in Xiamen and Jinan have been launched, and its integrated care services have reached over 12 million customers. In addition, China Pacific Insurance has actively participated in enterprise annuity innovations in regions such as Shanghai Lingang and Xiong’an New Area, exploring models that lower entry barriers for small and medium-sized enterprises and support broader participation in pension systems.
In corporate governance, China Pacific Insurance continued to optimize its governance structure and completed the reform of its supervisory system, with relevant functions transferred to board committees. As a result, the governance framework was streamlined from a “three-tier structure” to a “two-tier structure,” improving efficiency and decision-making effectiveness. The board composition further improved, with 85.7% external directors and 35.7% female directors, enhancing diversity and professionalism. The company also strengthened data security and supply chain management, updated its data protection policies, obtained ISO certification for personal information protection, and conducted ESG due diligence on 181 key suppliers.
In recognition of its sustainability achievements, China Pacific Insurance received multiple domestic and international awards in 2025, including the upgrade to MSCI AAA ESG rating, as well as various national and industry-level ESG honors. These accolades further reinforced its leadership position in sustainable development within the insurance industry.
Looking ahead, China Pacific Insurance stated that it will continue to align with national strategic priorities, focusing on three core growth engines—senior care ecosystems, artificial intelligence integration, and international expansion. The company aims to further transform its sustainability practices into a long-term driver of high-quality growth, contributing professional, reliable, and sustainable insurance solutions to support China’s modernization.
Source: xinhua, sina, cpic
