Bharti AXA Life Insurance Company Limited Sustainability Profile
Bharti AXA Life Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Mumbai, India. Established in 2006, the company has rapidly evolved, offering a diverse range of life insurance products tailored to meet the needs of its customers. With a strong presence across major operational regions in India, Bharti AXA Life Insurance focuses on providing innovative solutions, including term plans, savings plans, and investment-linked insurance policies. What sets Bharti AXA apart is its commitment to customer-centric services and digital innovation, ensuring a seamless experience for policyholders. The company has achieved significant milestones, including recognition for its robust claim settlement ratio, which underscores its reliability in the market. As a joint venture between Bharti Enterprises and AXA Group, Bharti AXA Life Insurance continues to strengthen its position as a trusted name in the life insurance industry.
DitchCarbon Score
How does Bharti AXA Life 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.
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.
Industry Benchmark
Bharti AXA Life Insurance Company Limited's score of 53 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bharti AXA Life 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 Bharti Airtel Limited, which means that any climate commitments or emissions data may be inherited from its parent organisation. As part of its climate strategy, Bharti AXA Life Insurance is aligned with the initiatives of Bharti Airtel Limited, which has set various sustainability targets. However, specific reduction targets or achievements for Bharti AXA Life Insurance are not detailed in the available information. The company does not appear to have documented reduction initiatives or commitments to the Science Based Targets initiative (SBTi) or other climate pledges. Given the lack of direct emissions data and specific climate commitments, it is essential to monitor future disclosures from Bharti AXA Life Insurance for updates on their environmental impact and sustainability efforts.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 42,955,390 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 880,859,270 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,367,602,710 | - | - | - |
How Carbon Intensive is Bharti AXA Life Insurance Company Limited's Industry?
How Carbon Intensive is Bharti AXA Life Insurance Company Limited's Location?
Bharti AXA Life Insurance Company Limited's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 95% of Scope 3 emissions.
Top Scope 3 Categories
Bharti AXA Life 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.
Bharti AXA Life 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.
