Public Profile

Religare Enterprises Limited

Religare Enterprises Limited, a prominent player in the Indian financial services sector, is headquartered in New Delhi, India. Founded in 2001, the company has established itself as a key provider of diversified financial solutions, including insurance, asset management, and lending services. With a strong presence across major operational regions in India, Religare has achieved significant milestones, including the launch of innovative insurance products and a robust online platform for investment services. The company’s core offerings, such as health insurance and mutual funds, are distinguished by their customer-centric approach and comprehensive coverage options. Religare's commitment to transparency and service excellence has positioned it favourably in the competitive landscape, earning recognition for its contributions to the financial industry. As it continues to expand its footprint, Religare Enterprises Limited remains dedicated to empowering individuals and businesses through tailored financial solutions.

DitchCarbon Score

How does Religare Enterprises Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

11

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

26

Industry Benchmark

Religare Enterprises Limited's score of 11 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

Religare Enterprises Limited's reported carbon emissions

In 2023, Religare Enterprises Limited reported total carbon emissions of approximately 14,250 kg CO2e, comprising 140 kg CO2e from Scope 1 and 44,110 kg CO2e from Scope 2 emissions. This represents a significant reduction from 2022, where emissions were about 43,571 kg CO2e, with 427 kg CO2e from Scope 1 and 43,144 kg CO2e from Scope 2. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. However, their emissions per revenue metric indicates a commitment to improving efficiency, with emissions of about 7.6e-08 kg CO2e per rupee of turnover in 2023. Religare's ongoing efforts to monitor and manage their carbon footprint reflect a growing awareness of climate impact within the financial services sector in India.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Religare Enterprises Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Religare Enterprises Limited is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Religare Enterprises Limited is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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