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 48 is higher than 93% 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 2024, ICICI Prudential Life Insurance reported total carbon emissions of approximately 13,149,700 kg CO2e. This figure includes Scope 1 emissions of about 768,600 kg CO2e, primarily from direct operations, and Scope 2 emissions of approximately 5,514,400 kg CO2e, which are associated with purchased electricity. Additionally, the company recorded Scope 3 emissions of around 6,866,700 kg CO2e, encompassing categories such as capital goods and business travel. In comparison, the 2023 emissions data indicated a total of about 12,703,500 kg CO2e, with Scope 1 emissions at approximately 707,100 kg CO2e and Scope 2 emissions at about 5,810,500 kg CO2e. The Scope 3 emissions for that year were around 6,185,900 kg CO2e. Despite these figures, ICICI Prudential Life Insurance has not publicly committed to specific reduction targets or initiatives as part of their climate strategy. The absence of documented reduction targets suggests a need for further development in their sustainability commitments. The company continues to disclose emissions across all three scopes, indicating a level of transparency in their environmental impact reporting.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 1,238,970 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 6,966,800 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 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 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.
