Icici Lombard
ICICI Lombard General Insurance Company Limited, commonly known as ICICI Lombard, is a leading player in the Indian insurance sector, headquartered in Mumbai, India. Founded in 2001, the company has established itself as a prominent provider of a wide range of insurance products, including health, motor, travel, and home insurance. With a strong presence across major operational regions in India, ICICI Lombard is recognised for its innovative solutions and customer-centric approach. The company has achieved significant milestones, including being one of the first to introduce digital insurance services in the country. ICICI Lombard's unique offerings, such as comprehensive health plans and quick claim settlement processes, have positioned it as a trusted choice among consumers. Its commitment to excellence has earned it numerous accolades, solidifying its reputation as a market leader in the general insurance industry.
DitchCarbon Score
How does Icici Lombard'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
Icici Lombard's score of 34 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Icici Lombard's reported carbon emissions
In 2023, ICICI Lombard reported total carbon emissions of approximately 6,589,600 kg CO2e, comprising 867,800 kg CO2e from Scope 1, 6,480,440 kg CO2e from Scope 2, and 6,589,600 kg CO2e from Scope 3 emissions. The company has shown a trend of increasing emissions over the years, with 2022 emissions at about 5,379,730 kg CO2e, and 2021 at approximately 5,099,330 kg CO2e. Despite the rising emissions, ICICI Lombard has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies indicates a need for enhanced focus on sustainability practices within the organisation. The company is actively disclosing its emissions data across all three scopes, which is a positive step towards transparency in their environmental impact. Overall, while ICICI Lombard is making strides in reporting its emissions, the lack of defined reduction targets suggests an opportunity for further commitment to climate action and sustainability initiatives.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 317,050 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,480,440 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,589,600 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Icici Lombard 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.
