Photo taken on April 9, 2020 shows the Lujiazui area in east China's Shanghai. (Xinhua/Chen Fei)
BEIJING, March 14 (Xinhua) -- By the end of December 2021, the investment and financing aligned with environmentally-friendly business practices and the conservation of natural resources of Ping An Insurance (Group) Company of China, Ltd. (Ping An Insurance) hit 224.58 billion yuan, and the scale of green banking business reached 89.813 billion yuan, according to the company's latest released report on March 11.
In 2021, the company's original insurance premium income of sustainable insurance related to environmental protection amounted to 44.569 billion yuan, according to the report.
Relying on its comprehensive financial advantages, Ping An Insurance adheres to the concept of green insurance, green investment and green credit with the commitment to peak carbon emissions before 2030 and achieve carbon neutrality before 2060.
In addition, as of the end of December 2021, the company had channeled more than 5.9 trillion yuan in insurance funds, bank credit, asset management and other financial resources to serve the real economy.
At the same time, Ping An Insurance had provided a total of 41.85 billion yuan of funds for poverty alleviation and industrial rejuvenation for rural revitalization by the end of 2021.
(Edited by Tian Shenyoujia with Xinhua Silk Road, tianshenyoga0524@163.com)
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