(Hong Kong, Shanghai, December 6, 2024) Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An”, “the Company” or the “Group” HKEX: 2318 / 82318; SSE: 601318) announced its environmental, social, and governance (ESG) rating has been upgraded to AA by MSCI, a leading global investment index provider. This marks the third consecutive year Ping An has held the top spot in Multi-Line Insurance & Brokerage Industry in the Asia-Pacific region. MSCI highlighted Ping An's superior talent attraction and retention initiatives, its proactive and robust approach to inclusive finance, and its comprehensive data protection systems.

The rating report indicates that Ping An outperforms industry averages across five key indicators: human capital development, privacy & data security, financing environmental impact, responsible investment, and climate change vulnerability. Ping An's performance in human capital development, access to finance, privacy and data security qualifies it as an ESG leader.

Sustainable development is a long-term strategic priority for Ping An and a cornerstone of its goal to maximize long-term value. As a pioneer in ESG in China, Ping An is committed to fully integrating sustainability into its corporate strategy. The company has built a scientific sustainability management system and a transparent ESG governance structure. It is taking action on multiple fronts to implement its ESG philosophy.

Ping An is committed to maintaining a customer-centric approach, upholding its original aspiration and mission to provide people-centered financial services. It is advancing its technology-driven “integrated finance + healthcare and senior care” strategy. Ping An will continue to enhance its corporate governance and risk management mechanisms, use its integrated finance advantages to further green finance initiatives, and implement its sustainability-related strategic planning. Ping An aims to create robust and sustainable long-term value for customers, employees, shareholders and society.