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Public Profile
Insurance Services
IN
updated 2 months ago

Bajaj Allianz General Insurance Company Limited Sustainability Profile

Company website

Bajaj Allianz General Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Pune, India. Established in 2001, the company has rapidly evolved, offering a diverse range of insurance products, including health, motor, travel, and home insurance. Known for its customer-centric approach, Bajaj Allianz stands out with innovative solutions like the Health Guard policy and comprehensive motor insurance plans. With a strong presence across major operational regions in India, Bajaj Allianz has garnered a reputation for reliability and efficiency. The company has achieved significant milestones, including numerous awards for excellence in service and claims settlement. As a joint venture between Bajaj Finserv and Allianz SE, it holds a notable position in the market, consistently striving to enhance customer experience and expand its product offerings.

DitchCarbon Score

How does Bajaj Allianz General Insurance Company 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.

37

Industry Average

Mean score of companies in the Insurance Services 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.

31

Industry Benchmark

Bajaj Allianz General Insurance Company Limited's score of 37 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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Bajaj Allianz General Insurance Company Limited's reported carbon emissions

Inherited from Bajaj Finserv Ltd.

Bajaj Allianz General Insurance Company Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Bajaj Finserv Ltd., which may influence its climate commitments and performance metrics. As of now, Bajaj Allianz has not publicly disclosed any specific reduction targets or initiatives related to carbon emissions. The absence of documented reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Given the lack of direct emissions data, it is important to note that Bajaj Allianz's climate commitments may be informed by broader initiatives from its parent company, Bajaj Finserv Ltd. However, specific details regarding these initiatives or any cascading emissions data from Bajaj Finserv Ltd. have not been provided. In summary, while Bajaj Allianz General Insurance Company Limited is part of a larger corporate family that may have climate commitments, there is currently no available data on its carbon emissions or specific reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2021202220232024
Scope 1
6,804,980
00,000,000
00,000,000
0,000,000
Scope 2
17,401,060
00,000,000
00,000,000
00,000,000
Scope 3
2,466,710
0,000,000
00,000,000
00,000,000

How Carbon Intensive is Bajaj Allianz General Insurance Company Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bajaj Allianz General Insurance Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Bajaj Allianz General Insurance Company Limited's Location?

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. This request for Bajaj Allianz General Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Bajaj Allianz General Insurance Company Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Bajaj Allianz General Insurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Bajaj Allianz General Insurance Company Limited's Emissions with Industry Peers

National Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

Future Generali India Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 18 days ago

Go Digit General Insurance Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 23 days ago

Niva Bupa Health Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 14 days ago

Manipalcigna Health Insurance

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 12 days ago

HDFC ERGO General Insurance Company Limited

IN
•
Real estate services (70)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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