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Bajaj Allianz Life Insurance Company Limited
Insurance ServicesIndia
Last verified 1 month agobajajallianzlife.com
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.
35
DitchCarbon score
-4 vs industry average
Bajaj Allianz Life Insurance Company Limited’s score of 35 is lower than 47% 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
Very Low
Insurance Services is among the least carbon-intensive industries
Industry performance
0.058
20182025
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Bajaj Allianz Life Insurance Company Limited's reported carbon emissions
Bajaj Allianz Life Insurance Company Limited reported approximately 84,095,000 kg CO2e in total carbon emissions for 2025. This includes about 8,966,000 kg CO2e from Scope 1 emissions, 49,491,000 kg CO2e from Scope 2 emissions, and 35,338,000 kg CO2e from Scope 3 emissions.
In 2024, the company's total emissions were approximately 76,899,000 kg CO2e, comprising about 6,057,000 kg CO2e for Scope 1, 42,089,000 kg CO2e for Scope 2, and 28,753,000 kg CO2e for Scope 3.
For 2023, Bajaj Allianz Life Insurance Company Limited reported total emissions of approximately 6,614,170 kg CO2e. This figure includes about 1,417,080 kg CO2e from Scope 1 emissions, 5,197,090 kg CO2e from Scope 2 emissions, and 3,022,000 kg CO2e from Scope 3 emissions.
Emissions data for Bajaj Allianz Life Insurance Company Limited for 2022 was not provided.
Bajaj Allianz Life Insurance Company Limited has not disclosed any specific reduction targets or climate pledges. While there is no direct cascaded SBTi target from a parent organisation, the company's CDP data is cascaded from its parent, Bajaj Finserv Ltd.
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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.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Inherited from Bajaj Finserv Ltd.See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Bajaj Allianz Life Insurance Company Limited1 month ago
35
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