ICICI Prudential Life Insurance
ICICI Prudential Life Insurance Company Limited, commonly referred to as ICICI Prudential, is a leading player in the Indian life insurance sector, headquartered in Mumbai, India. Established in 2000, the company has made significant strides in providing a diverse range of insurance and investment solutions, catering to the evolving needs of its customers across the country. With a strong presence in major operational regions, ICICI Prudential offers a variety of core products, including term insurance, health plans, and unit-linked insurance plans (ULIPs). What sets them apart is their innovative approach to combining insurance with investment, ensuring customers receive comprehensive financial protection. Recognised for its robust market position, ICICI Prudential has achieved numerous accolades, reflecting its commitment to excellence and customer satisfaction in the competitive life insurance industry.
DitchCarbon Score
How does ICICI Prudential Life Insurance'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 Prudential Life Insurance's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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ICICI Prudential Life Insurance's reported carbon emissions
In 2023, ICICI Prudential Life Insurance reported total carbon emissions of approximately 12,703,500 kg CO2e, comprising 707,100 kg CO2e from Scope 1, 5,810,500 kg CO2e from Scope 2, and 6,185,900 kg CO2e from Scope 3 emissions. This represents a slight decrease in emissions compared to 2022, where total emissions were about 16,957,000 kg CO2e. For the Indian operations in 2023, emissions were approximately 6,186,000 kg CO2e in Scope 3, 5,810,500 kg CO2e in Scope 2, and 707,100 kg CO2e in Scope 1. The company has disclosed emissions across all three scopes, indicating a comprehensive approach to carbon accounting. Despite the significant emissions figures, ICICI Prudential Life Insurance has not set specific reduction targets or climate pledges as per the available data. The absence of documented reduction initiatives suggests a need for further commitment to climate action within the industry context. Overall, while ICICI Prudential Life Insurance has made strides in transparency regarding its emissions, the lack of defined reduction targets highlights an area for potential improvement in its climate strategy.
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| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Scope 1 | 1,238,970 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,966,800 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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 Prudential Life Insurance 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.
