GIC Re, or General Insurance Corporation of India, is a prominent player in the reinsurance industry, headquartered in Mumbai, India. Established in 1972, GIC Re has evolved into a leading global reinsurer, serving various operational regions including Asia, Africa, and the Middle East. The company offers a diverse range of products and services, including property, marine, and life reinsurance, distinguished by its robust underwriting expertise and innovative risk management solutions. With a strong market position, GIC Re has achieved significant milestones, such as being the first reinsurance company in India to be listed on the stock exchange. Its commitment to excellence and customer-centric approach has earned it a reputation for reliability and trustworthiness in the reinsurance sector, making it a preferred partner for insurers worldwide.
How does GIC Re'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.
Mean score of companies in the 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.
GIC Re's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
GIC Re, headquartered in India, currently does not have available carbon emissions data or specific reduction targets outlined in their climate commitments. Without concrete figures or defined initiatives, it is challenging to assess their current impact on carbon emissions or their strategic approach to climate change. However, the insurance and reinsurance industry is increasingly recognising the importance of sustainability and is expected to adopt more robust climate strategies in the future. GIC Re's commitment to addressing climate change will likely evolve as industry standards and expectations continue to develop.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
GIC Re is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.