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ICICI Lombard General Insurance Company Limited, commonly referred to as ICICI Lombard, is a leading player in the insurance and pension funding services sector in India. Headquartered in Mumbai, the company has established a strong presence across various regions, providing comprehensive insurance solutions tailored to meet diverse customer needs. Founded in 2001, ICICI Lombard has achieved significant milestones, including being one of the first private sector general insurers to receive an ISO certification.
The company offers a wide range of products, including health, motor, travel, and home insurance, distinguished by their innovative features and customer-centric approach. ICICI Lombard is recognised for its robust market position, consistently ranking among the top general insurers in India, and has received numerous accolades for its service excellence and commitment to customer satisfaction.
-5 vs industry average
Icici Lombard’s score of 34 is lower than 46% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Insurance Services is among the least carbon-intensive industries
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
ICICI Lombard, an insurance and pension funding services provider headquartered in India, reported total carbon emissions of approximately 13,095,930 kg CO2e in 2024. This figure comprises about 907,220 kg CO2e from Scope 1 emissions, 6,958,170 kg CO2e from Scope 2 emissions, and 5,130,640 kg CO2e from Scope 3 emissions.
In 2023, their total emissions were approximately 13,937,840 kg CO2e, with Scope 1 at about 867,800 kg CO2e, Scope 2 at approximately 6,480,440 kg CO2e, and Scope 3 at about 6,589,600 kg CO2e. This indicates a decrease in total emissions between 2023 and 2024.
Looking back, in 2022, ICICI Lombard's total emissions were approximately 11,692,630 kg CO2e, consisting of about 747,980 kg CO2e from Scope 1, 5,564,920 kg CO2e from Scope 2, and 5,379,730 kg CO2e from Scope 3. The company has publicly disclosed its Scope 1, 2, and 3 emissions for these reporting years.
ICICI Lombard has not publicly set specific quantifiable carbon reduction targets, nor has it made commitments through initiatives such as the Science Based Targets initiative (SBTi) or the Climate Pledge.
No climate goals have been disclosed for Icici Lombard yet.
No scope 3 category breakdown has been disclosed yet.


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