Ping An was named to the 2024 Fortune China ESG Influence List

　　Recently, the 2024 Fortune China ESG Influence List was released, and Ping An of China was ranked among them for its excellent performance in ESG.

　　The Fortune China ESG Impact List has been evaluated for three consecutive years, and the number of companies applying has jumped to more than 200, from a wide range of fields such as new energy, manufacturing, Internet, finance, and health. Ping An was selected for the first time this year, fully demonstrating its effective and steady improvement in ESG management in 2023.

　　As a pioneer in ESG in China, Ping An is committed to exerting its influence in the field of sustainable development, working with domestic and foreign sustainable development initiatives to jointly implement sustainable development strategies, contribute to the joint construction of sustainable ecology, continuously deepen green operations, and respond to the "five major articles" of finance to promote high-quality development with practice. In 2023, Ping An will continue to maintain its leading position in China and the industry among the mainstream ESG rating results at home and abroad that have been made public. Among them, MSCI ESG rated A, ranking first in the Asia-Pacific region in the comprehensive insurance and brokerage industry. S&P Global ESG scores of Chinese companies are among the top 1%, and the highest ESG scores for insurance companies in China (including Hong Kong and Macao); Morningstar's sustainalytics rating of 17.0 is low risk, the highest rating for financial companies in mainland China, and CDP has a rating of B, the highest rating for financial companies in mainland China.

　　Adhere to the original intention of "finance for the people", and create long-term sustainable value for customers, employees, shareholders and society

　　Ping An adheres to the customer-oriented approach, deepens the strategy of "comprehensive finance + medical care for the elderly", improves corporate governance and risk management and control mechanisms, and strives to maximize long-term, stable and sustainable value for customers, employees, shareholders and society.

　　In 2023, Ping An established the "Three Provinces" value evaluation system and released the "Three Provinces Capability Value Report" for the first time, showing the cutting-edge market trends in the fields of finance, insurance and medical care around the six themes of health care ecology, vehicle ecology, investment and wealth management, credit products, insurance products and comprehensive services, and continuously improving the coverage, availability and satisfaction of "comprehensive finance + medical and elderly care" services.

　　In terms of protecting the rights and interests of employees and agents, Ping An employees achieved a satisfaction score of 87, and the core personnel stock ownership plan and long-term service plan covered more than 103,000 employees, accounting for 36%, with a balanced gender ratio among employees. In addition to salary, Ping An provides employees with benefits such as commercial insurance, high-end medical and health insurance, enterprise annuity, regular physical examination, in-house purchase of products, and employee care plan (EAP).

　　In terms of social responsibility, Ping An has carried out the "Three Villages Project" since 2018 to help rural revitalization, providing 40.729 billion yuan of industrial assistance and revitalization funds in 2023, completing 168 million yuan of consumption assistance, and by the end of 2023, it has provided a total of 117.9 billion yuan of industrial assistance and revitalization funds, and a total of more than 800 million yuan of consumption assistance, and has established a total of 1,434 party building and co-construction points and implemented 295 "revitalization and protection" projects through the 100 activities of rural customs and civilization. 4.23 billion yuan of industrial development funds were leveraged, and a total of 775,000 rural households were driven to increase their income by 9.3 billion yuan. At the same time, Ping An continued to deepen its education and public welfare, recruiting 206 teaching teams and 1,167 volunteers in 2023, completing 4,052 volunteer teaching classes, carrying out summer camp activities, and distributing scholarships. By the end of 2023, Ping An had assisted the construction of 119 Ping An Hope Primary Schools and 1,039 smart schools across the country, recruited a total of 11,721 volunteer volunteers, and provided a total of 438,000 hours of volunteer teaching services.

　　Strive to practice the "five major articles" and deepen the promotion of high-quality development

　　In the 2023 Central Financial Work Conference, it was proposed for the first time to "do a good job in five major articles of science and technology finance, green finance, inclusive finance, pension finance, and digital finance". Subsequently, the relevant content was also written into the government work report for the first time. In May this year, the State Administration of Financial Supervision and Administration issued the "Guiding Opinions of the State Financial Supervision and Administration on the Banking and Insurance Industries to Do a Good Job in the Financial "Five Major Articles", which put the "five major articles" into detail.

　　In 2023, Ping An actively cooperated with the 14th Five-Year Plan for development, adhered to its main business of finance, adhered to the principle of "finance for the people", and invested more than 8.77 trillion yuan to support the development of the real economy, a year-on-year increase of more than 10%. At the same time, it has provided more than 3.9 trillion yuan of risk protection for national key construction projects.

　　In the field of green finance, Ping An's original premium income from green insurance reached 37.3 billion yuan, a year-on-year increase of nearly 49%, a significant growth rate. The balance of green loans reached RMB146.3 billion, up 25.7% year-on-year. In terms of green investment in insurance funds, the scale reached 128.6 billion yuan, a year-on-year increase of 19%, and 100% of ESG has been integrated into investment management requirements.

　　In terms of inclusive finance, Ping An Property & Casualty has provided more than 200 trillion yuan of all-risk protection for nearly 2.29 million small and micro enterprises, with a total of more than 1.68 million claims and more than 3.2 billion yuan in compensation. Ping An Bank served more than 1,032,200 inclusive small and micro enterprise loan customers, with a loan balance of RMB572.1 billion, and expanded 15 application scenarios of loans benefiting farmers, with a balance of RMB131.68 billion in agriculture-related loans.

　　In terms of pension finance, Ping An has launched the pension service modes of "insurance + home care" and "insurance + high-end pension" based on the group's medical and health ecosystem. There were more than 580 home-based elderly care service projects, and more than 80,000 customers were qualified for home-based elderly care services, an increase of 60,000 over the previous year.

　　In terms of digital finance and technology finance, Ping An has more than 20,000 IT engineers and more than 3,000 scientists. The number of patent applications of the Group has reached 51,533, ranking among the top international financial institutions. It ranks first in the world in the number of patent applications in the fields of fintech and healthcare. Ping An achieved self-service renewal of 300.3 billion yuan for intelligently guided customers, a year-on-year increase of 13%; The number of AI agent services was about 2.22 billion, and the loss of intelligent claims interception was 10.82 billion yuan, a year-on-year increase of 16.0%.

　　Ping An said that the company has always been people-centered and customer-oriented, unswervingly followed the path of financial development with Chinese characteristics, actively practiced the concept of green, low-carbon and sustainable development, undertook the mission of "ballast stone" for the benign operation of the economy and society, continued to build a national brand trusted by the country, loved by the people and kept pace with the times, contributed to the construction of a strong country and the great cause of national rejuvenation with high-quality financial development, and promoted the construction of Chinese-style modernization with its own actions and contributions.