Edelweiss Life Insurance Company Limited Sustainability Profile
Edelweiss Life Insurance Company Limited, headquartered in India, is a prominent player in the life insurance industry, offering a diverse range of financial protection and investment solutions. Founded in 2011, the company has rapidly established itself across major operational regions, providing innovative products tailored to meet the evolving needs of its customers. Edelweiss Life Insurance is known for its unique offerings, including term plans, savings plans, and investment-linked insurance policies, all designed to provide comprehensive coverage and financial security. The company has achieved significant milestones, including a strong market presence and recognition for its customer-centric approach. With a commitment to transparency and trust, Edelweiss Life continues to enhance its reputation as a reliable choice for individuals seeking life insurance solutions in India.
DitchCarbon Score
How does Edelweiss 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
Edelweiss Life Insurance Company Limited's score of 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edelweiss 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 Edelweiss Financial Services Limited, which may influence its climate-related initiatives and commitments. As of now, Edelweiss Life Insurance has not set any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company is still in the early stages of formalising its climate commitments. Given the lack of direct emissions data, it is essential to consider the broader context of the insurance industry, which is increasingly focusing on sustainability and climate resilience. Many companies in this sector are adopting frameworks such as the Science Based Targets initiative (SBTi) to align their operations with global climate goals. In summary, while Edelweiss Life Insurance Company Limited has not disclosed specific emissions figures or reduction targets, its affiliation with Edelweiss Financial Services Limited may provide a pathway for future climate commitments and initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,700,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 2 | 3,300,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 3 | 8,900,000 | - | - | - | 00 | 00 |
How Carbon Intensive is Edelweiss Life Insurance Company Limited's Industry?
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Edelweiss 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.
Edelweiss 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.
