LIC Housing Finance
LIC Housing Finance Limited, headquartered in Mumbai, India, is a prominent player in the housing finance industry. Established in 1989, the company has carved a niche in providing a range of financial solutions, primarily focusing on home loans, loan against property, and construction finance. With a strong presence across major operational regions in India, LIC Housing Finance has consistently demonstrated its commitment to facilitating home ownership. The company stands out for its customer-centric approach, offering competitive interest rates and flexible repayment options. Over the years, LIC Housing Finance has achieved significant milestones, including being one of the largest housing finance companies in India, reflecting its robust market position. Its dedication to innovation and service excellence has earned it a reputation as a trusted partner for homebuyers across the nation.
DitchCarbon Score
How does LIC Housing Finance'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 Financial Intermediation 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 Housing Finance's score of 23 is lower than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
LIC Housing Finance's reported carbon emissions
In 2023, LIC Housing Finance reported total carbon emissions of approximately 4,506,000 kg CO2e, comprising 295,000 kg CO2e from Scope 1 and 4,506,000 kg CO2e from Scope 2 emissions. This represents a slight increase in emissions compared to 2022, where total emissions were about 4,842,000 kg CO2e, with Scope 1 emissions at 294,000 kg CO2e and Scope 2 emissions at 3,842,000 kg CO2e. Despite the increase in emissions, LIC Housing Finance has not publicly disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company continues to report on its emissions but lacks defined climate pledges or commitments to reduce its environmental impact. As a significant player in the housing finance sector, LIC Housing Finance's emissions data reflects the broader industry context, where financial institutions are increasingly being called upon to enhance their sustainability practices and reduce carbon emissions.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 294,000 | 000,000 | 000,000 |
| Scope 2 | 3,842,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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 Housing Finance 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.
