Lic
Life Insurance Corporation of India (LIC) is a prominent player in the insurance sector, headquartered in Mumbai, India. Established in 1956, LIC has grown to become one of the largest life insurance companies in the country, with a significant presence across various regions, including urban and rural areas. LIC offers a diverse range of products and services, including life insurance policies, pension plans, and investment options, catering to the financial needs of millions. Its unique blend of traditional and modern insurance solutions sets it apart in a competitive market. With a strong market position, LIC has achieved numerous milestones, including being the first public sector life insurance company in India. Its commitment to customer service and financial security has solidified its reputation as a trusted name in the industry.
DitchCarbon Score
How does Lic'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
Lic's score of 14 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Lic's reported carbon emissions
As of the latest available data, LIC has not disclosed any specific carbon emissions figures or reduction targets. Without concrete emissions data, it is challenging to assess their current climate impact or commitments. However, the absence of reported emissions may indicate a need for enhanced transparency in their sustainability practices. In the context of the industry, many companies are increasingly adopting science-based targets and committing to net-zero emissions to align with global climate goals. It is essential for LIC to establish clear climate commitments and reduction initiatives to contribute effectively to the fight against climate change.
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.
Lic 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.
