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Public Profile
Insurance Services
IN
updated a month ago

Kotak Mahindra Life Insurance Company Limited Sustainability Profile

Company website

Kotak Mahindra Life Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Mumbai, India. Established in 2001, the company has rapidly evolved, offering a diverse range of life insurance products tailored to meet the needs of its customers. With a strong presence across major operational regions in India, Kotak Life Insurance is known for its innovative solutions, including term plans, endowment policies, and unit-linked insurance plans (ULIPs). The company has achieved significant milestones, including a robust market position as one of the leading private life insurers in India. Its commitment to customer-centric services and unique product offerings, such as flexible premium payment options and comprehensive coverage, sets it apart in the competitive landscape. Kotak Mahindra Life Insurance continues to build trust and reliability, making it a preferred choice for individuals seeking financial security and peace of mind.

DitchCarbon Score

How does Kotak Mahindra Life 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.

14

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.

33

Industry Benchmark

Kotak Mahindra Life Insurance Company Limited's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Kotak Mahindra Life Insurance Company Limited's reported carbon emissions

Kotak Mahindra Life Insurance Company Limited currently does not have any publicly available carbon emissions data, as indicated by the absence of specific emissions figures. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Kotak Mahindra Life Insurance may not have established formal commitments to reduce carbon emissions or may not be actively reporting on its climate impact. In the context of the insurance industry, many companies are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. However, without specific initiatives or targets from Kotak Mahindra Life Insurance, it remains unclear how the company is addressing climate change and carbon emissions. As the industry evolves, it is essential for companies like Kotak Mahindra Life Insurance to consider developing and communicating their climate strategies to enhance transparency and accountability in their environmental impact.

How Carbon Intensive is Kotak Mahindra Life Insurance Company Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Kotak Mahindra Life Insurance Company Limited's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Kotak Mahindra Life Insurance Company Limited's Location?

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 Kotak Mahindra Life Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Kotak Mahindra Life Insurance Company Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Kotak Mahindra Life Insurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Kotak Mahindra Life Insurance Company Limited's Emissions with Industry Peers

New York Life

US
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 8 days ago

AIA Group Limited

HK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 10 days ago

Icici Bank

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

Tamilnad Mercantile Bank Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

The Karnataka Bank Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 17 days ago

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 14 hours ago

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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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