Bajaj Allianz Life Insurance Company Limited
Bajaj Allianz Life Insurance Company Limited, a prominent player in the insurance and pension funding services sector, is headquartered in India. Established in 2001, the company has rapidly evolved, offering a diverse range of life insurance products and pension plans tailored to meet the needs of its customers. With a strong presence across major operational regions in India, Bajaj Allianz is known for its innovative solutions, including term plans, endowment policies, and ULIPs, which stand out for their flexibility and customer-centric features.
As a joint venture between Bajaj Finserv and Allianz SE, Bajaj Allianz has achieved significant milestones, including numerous awards for excellence in customer service and product innovation. The company’s commitment to financial security and its robust market position make it a trusted choice for individuals seeking reliable insurance solutions in India.
-4 vs industry average
Bajaj Allianz Life Insurance Company Limited’s score of 33 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 7% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Bajaj Allianz Life Insurance Company Limited's reported carbon emissions
Bajaj Allianz Life Insurance Company Limited, headquartered in India, has reported its greenhouse gas emissions for recent financial years. For the fiscal year 2024, the company's total emissions amounted to approximately 14,356,610 kg CO2e. This figure is composed of approximately 920,590 kg CO2e for Scope 1 emissions, about 6,217,290 kg CO2e for Scope 2 emissions, and roughly 7,218,730 kg CO2e for Scope 3 emissions. In the preceding year, FY2023, Bajaj Allianz Life Insurance reported a total of approximately 6,614,170 kg CO2e. This included about 1,417,080 kg CO2e of Scope 1 emissions, approximately 5,197,090 kg CO2e of Scope 2 emissions, and roughly 3,022,000 kg CO2e of Scope 3 emissions. The company's sustainability reporting indicates a commitment to tracking and managing its environmental impact within the insurance and pension funding services sector. While specific reduction targets and initiatives are not detailed in the provided data, the company does report its emissions across Scope 1, 2, and 3, suggesting a comprehensive approach to greenhouse gas accounting. Bajaj Allianz Life Insurance's emissions data is sourced directly from the company for the reporting years mentioned.
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Bajaj Allianz Life Insurance Company Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Bajaj Allianz Life Insurance Company Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Bajaj Allianz Life Insurance Company Limited
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