China Pacific Insurance (Group) Co.Ltd(601601) : sustainable development report in 2021

2021 China Pacific Insurance (Group) Co.Ltd(601601) Sustainable Development Report

032021 China Pacific Insurance (Group) Co.Ltd(601601) Sustainable Development Report

Opening on this report

With the concept of sustainable development gaining popularity and benefits, this report also refers to ftserussell pricing currency

Highly recognized by the relevant parties, China Pacific Insurance (Group) Co.Ltd(601601) released the 2021 ESG rating index and the MSCI ESG rating index

Sustainable development report. The GRI standard core program fully covers the original social responsibility standard and the global reporting initiative. Unless otherwise specified, the financial data involved in this report will further highlight that the pricing currency of CPIC is RMB on the basis of the content of the report.

Practice the ESG concept and promote the effectiveness of sustainable development. This report adopts: climate related financial information disclosure

Highlight the company’s commitment to sustainable development and build an industry working group (TCFD), and the original reporting language of responsible investment

Determination to develop Highlands with high quality. Response to the implementation of UN PRI and sustainable insurance principles (UN report is prepared in simplified Chinese, with traditional Chinese and psi), as well as the joint English text of benchmarking.

The report covers the sustainable development goals (sdgs) of the United Nations.

Organization scope:

China Pacific Insurance (Group) Co.Ltd(601601) group, wholly-owned subsidiaries and holding subsidiaries

Company and its branches. The report shall be provided in paper version (printed with environmentally friendly recycled paper). Report cycle: report principle and electronic version.

This report is an annual report, focusing on January 2021

Contents from January 1 to December 31. Principle of importance: the report identifies the ways that affect the acquisition of China Pacific report

Protect and respond to important issues of sustainable development, and

The preparation standard has detailed the analysis process and results of major issues. The electronic version of the report can be quantified on the website of Shanghai Stock Exchange: the report has been disclosed China Pacific Insurance (Group) Co.Ltd(601601) ESG (www.sse. Com. CN.) The report of the stock exchange of Hong Kong mainly refers to the report of the Shanghai Stock Exchange on

Quantify key performance. Website (www.hkex. Com.. HK) and China Pacific Insurance (Group) Co.Ltd(601601) 601 publish the self discipline regulation of listed companies on Shanghai Stock Exchange

Group website (www.cpic. Com. CN.) View and download. Guideline No. 1 – Notice of standardized operation, balance principle: the contents of the report reflect objective facts,

The environmental, social and Governance Report of the stock exchange of Hong Kong discloses both positive and negative indicators

The London Stock Exchange ESG report refers to

South Bank Of China Limited(601988) Insurance Regulatory Commission “China’s principle of consistency: the report is made for different reporting periods. For convenience of expression, in this report, China The Pacific Securities Co.Ltd(601099) banking and Insurance Regulatory Commission’s Indicators on strengthening the use of consumer rights by banking and insurance institutions shall be consistent as far as possible, and the guidance on the construction of system and mechanism for the protection of changed insurance (Group) Co., Ltd. referred to as China Taiyi”. Explain the indicators. Insurance company, Taibao insurance company or Taibao insurance company. Board statement

In 2021, China Pacific Insurance (Group) Co.Ltd(601601) board of directors will unswervingly take the lead in ESG risk management, green and low-carbon operation, etc

The national “14th five year plan” and the work deployment in the long-term field of 2035 signed the principles and regulations of sustainable insurance

The goal is to lead, implement the regulatory and policy requirements of ESG, the principle of responsible investment, and integrate the concept of sustainable development

Continuously improve the performance of ESG, and continuously enhance the ability to integrate into China Pacific Insurance (Group) Co.Ltd(601601) the operation and management. At the same time,

Continue to develop capacity and promote and achieve high-quality development. In protecting consumers’ rights and interests, laying out healthy pension and helping

Focus on Rural Revitalization and addressing climate change,

Improve ESG governance structure. The board of directors is responsible for comprehensively improving the management system, clarifying work measures and orderly implementation

Supervise the planning, implementation and management of ESG to ensure sustainable implementation.

The ability of sustainable development has been continuously improved. Strategy and investment decision

And the ESG committee is responsible for preparing this report for the ESG decision-making of the board of directors, and disclosing in detail China Pacific Insurance (Group) Co.Ltd(601601) in the above work and

For support and play a core role in ESG management. The management and practice progress on other ESG issues are

The group under the strategy and investment decision and ESG Committee was reviewed and approved by the board of directors in March 2022.

ESG office, as the Promotion Department of ESG daily work. Identify key issues. The board of directors carried out stakeholder investigation, timely identified ESG opportunities and risks, and identified China Pacific Insurance (Group) Co.Ltd(601601) the important ESG issues in the field of sustainable development.

According to the stakeholder survey, further focus on key issues such as addressing climate change, serving the real economy, promoting common prosperity and practicing Inclusive Finance, and lead the sustainable development of the company with the ESG concept. Promote the integration of ESG concept into business practice. The board of directors further elaborated on Sustainable insurance, responsible investment

052021 China Pacific Insurance (Group) Co.Ltd(601601) Sustainable Development Report

Chairman’s speech

Focus on sustainable development and build a color map of Taibao public welfare to “protect the red in the future”, depict a responsible and moving picture, get the recognition of employees, customers and society, and become the leader of sustainable development.

In 2021, China Pacific Insurance (Group) Co.Ltd(601601) ushered in the highlight of the 30th anniversary of the company. In 2021, standing at the new starting point of starting at the age of thirty, we adhere to people-oriented, which means that we are in full bloom and full of vitality, and also shows maturity, steadiness and courage to take responsibility. Too much attention to the fate of mankind as the new guidance and new norms of social responsibility; We stick to the principle of long-term growth and development, and go hand in hand with social responsibility all the way. Take responsibility for the country and the people, and take sustainable development as the new driving force and direction of social responsibility.

It is the mission of Taibao to be responsible and contribute to the society. Practicing the responsible mission has become the Taibao

Self driving force of development. Be responsible and ambitious; Always follow your heart’s desire. Focus on the well-being of the people and make great efforts to the vast and subtle. The greatest happiness in the world is to strive for the happiness of the people. We are concerned about the people’s yearning for a better life. On the road of being responsible, Taibao’s concept of social responsibility keeps pace with the times and the strategy of social responsibility and health, so as to solve the medical problems faced by the people. The territory of undertaking various government medical insurance continues to expand, and the social responsibility is becoming more and more heavy. From paying attention to stakeholders to the cooperation projects involving 145 million people, participating in 35 projects benefiting the people and protecting 21 million people, paying attention to ESG, and then paying attention to sustainable development, our every step of action, every evolution, and the imperial medical housekeeper with a full-time team of 400 people 7 × 24-hour service. The layout of pension, every growth, is integrated and symbiotic with social responsibility. Starting this year, we will develop a socially responsible industry to meet the growing pension needs of the people. The report has been renamed sustainable development report in Chengdu, Dali, Shanghai and Renren, fully disclosed the concept of sustainable development of Taibao, and implemented 10 “Taibao homes” in 9 places such as Hangzhou, preliminarily completing the national layout of the pension industry. Planning and action is not only a determination, but also a commitment, but also an improvement. We will promote rural revitalization and consolidate and expand the achievements of poverty alleviation. Targeted poverty alleviation covers 7.62 million people. In 2021, with the courage of climbing over the peak and climbing to a new peak, and the courage of constantly starting to register poor households, we won the honorary title of “national advanced collective for poverty alleviation”; the courage of “poverty prevention and protection”, firmly took sustainable development as a higher pursuit of social responsibility, and wrote a new chapter in promoting rural revitalization, inclusive and inclusive in more than 1000 counties and districts. The road of sustainable development is steadily going forward, the direction is clearer and the steps are more and more leisurely. With ecological civilization as the guide, the harmonious development of man and nature. To build an ecological civilization and promote green – the needs of the country, we make every effort to escort, base ourselves on the needs of the country, and participate in major strategies. Color and low-carbon circular development is the original meaning of sustainable development. We build a green financial service system and promote the construction of a new development pattern. Escort the civilized development path of production development, affluent life and good ecology. Green insurance is what the people need and what we can do. We take the people as the center, weave a dense network of people’s livelihood, and bravely take the lead. Serving the low-carbon circular economy, new energy insurance is nearly trillion yuan; We should first promote zero poverty and solidly promote common prosperity. Carbon Expo and green sustainable insurance to form an industry demonstration; Long term implementation of wildlife accident insurance to promote biodiversity protection. Green investment is a pioneer. With creditor’s rights – social needs, we are accompanied by warmth. Be responsible to society and build a better home together,

Investment, equity investment, asset support, industrial fund and other forms to participate in energy, environmental protection and build a good social ecology.

Green investment in water and pollution prevention; The first ESG insurance asset management product was issued and carbon China was launched. In this year, the background of CPIC public welfare brand has become more distinctive, “Taibao green” “Taibao blue” “Taihe themed products. Green operation is the main force. Product innovation and scientific and technological innovation are used to deal with the risk of climate change. Buildings such as Taibao home comply with green standards, 1500 mu of Taibao Sanjiangyuan public welfare forest guards the China water tower, and the energy use efficiency of the data center continues to improve. Higher standards are followed to improve the driving force of sustainable development. In the face of epidemic and uncertain challenges, we are guided by the advanced concept of sustainable development And formulate sustainable development strategies. Strengthen top-level design and prepare ESG strategy and action plan; The board of directors set up a “strategy and investment decision-making and ESG committee” to grasp the professional direction of sustainable development. Sign the international principles of sustainable development. One belt, one road, China and the second Chinese companies signed the United Nations Sustainable insurance principle, fourth signed the investment partners responsible for signing the principle of “green belt” and “sustainable development”. Cultivate soft power for sustainable development. Implement digital transformation, build big data platform, explore intellectualization, and the vitality of innovation and creation is surging in science and technology; The “service officer” of CPIC infiltrates the service into all links. Side service, lifelong service and exquisite service enable high-quality experience. The service of CPIC conveys the temperature of “customer first”. Work hard and do it tirelessly. Facing the future, we will forge the traction, support, influence and synergy of sustainable development and build a new highland of high-quality development in the industry.

Insist on doing “difficult” things, doing “right” things and doing “real” things, and take the initiative to serve China The Pacific Securities Co.Ltd(601099) insurance (Group)

Home strategy, strive to solve the problems of people’s livelihood, comprehensively contribute to the dual carbon goal, and create a harmonious Co., Ltd

Home. Adhere to the upward trend of finance, respond to the new needs of the times, and practice the supply side reform of insurance, chairman

Innovate products and services to benefit the broadest masses of the people. We are in an era full of challenges and hope. The future has come, in the shining light of the concept of sustainable development and in the figure of every striver. Let’s carry

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