, China
/Timothy K from Unsplash

Ping An Insurance unveils first mangrove conservation trust

It received an initial donation of RMB10m.

Ping An Insurance (Group) Company of China has established the Ping An Biodiversity and Environmental Conservation Charitable Trust, marking China's first charitable trust dedicated to the conservation of mangrove ecology. 

The trust focuses on protecting biodiversity, promoting ecological conservation, and supporting sustainable development. 

It was initiated with a RMB10m donation from the Shenzhen Ping An Public Welfare Foundation, with Ping An Trust serving as the trustee, and the Shenzhen Mangrove Wetlands Conservation Foundation as the charitable project manager. 

ALSO READ: Ping An makes management shifts, names Xiaotao as co-CEO

The trust is perpetual and will provide funding for initiatives such as mangrove ecosystem protection and restoration, waterbird ecological corridor construction, and science education.

Ping An aims to promote international dialogue and the sharing of best practices for mangrove ecological conservation through collaboration with the Mangrove Foundation and other societal entities.

 

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Insurance rates decline in Q1’24
Rates in catastrophe-exposed regions were stable despite declines.
Insurance
PT Axle Asia revamps as bolttech
bolttech completed the acquisition of the majority stake in Axle Asia in late 2022.
Insurance

Exclusives

Markel targets professional indemnity market in Australia
Head of professional and financial risks, Kym Beazleigh, explains the game plan in Markel’s strategic expansion.
Insurance
Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.