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Real Estate Services
IN
updated 6 months ago

HDFC ERGO General Insurance Company Limited

Company website

HDFC ERGO General Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Mumbai, India. Established in 2002, the company has rapidly evolved, offering a diverse range of insurance products, including health, motor, travel, and home insurance. HDFC ERGO is known for its innovative solutions, such as cashless hospitalisation and comprehensive motor insurance plans, which cater to the unique needs of its customers. With a strong market presence across major operational regions in India, HDFC ERGO has garnered numerous accolades for its customer service and claims settlement processes. The company’s commitment to digital transformation and customer-centric policies has positioned it as a trusted choice among policyholders, making it a significant contributor to the general insurance landscape in India.

DitchCarbon Score

How does HDFC ERGO General 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.

27

Industry Average

Mean score of companies in the Real Estate 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.

24

Industry Benchmark

HDFC ERGO General Insurance Company Limited's score of 27 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.

53%

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HDFC ERGO General Insurance Company Limited's reported carbon emissions

Inherited from HDFC Bank Limited

HDFC ERGO General Insurance Company Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of HDFC Bank Limited, which may influence its climate-related initiatives and reporting. While HDFC ERGO has not set specific reduction targets or made notable climate pledges, it is important to note that its emissions data and performance may be cascaded from HDFC Bank Limited. This relationship suggests that HDFC ERGO could align its climate commitments with those of its parent company, although specific details on such initiatives are not provided. In the broader context, HDFC Bank Limited has been active in addressing climate change, which may reflect on HDFC ERGO's future commitments and strategies. However, without concrete emissions data or defined targets, the company's current climate impact remains unclear.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
6,500,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
408,400,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
26,700,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HDFC ERGO General Insurance Company Limited's primary industry is Real estate services (70), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HDFC ERGO General Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

HDFC ERGO General Insurance Company Limited is not participating in any of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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