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.
-8 vs industry average
LIC Housing Finance’s score of 27 is lower than 40% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
LIC Housing Finance's reported carbon emissions
In 2024, LIC Housing Finance reported total emissions of approximately 3,688,900 kg CO2e, comprising 313,740 kg CO2e from Scope 1 and 3,616,160 kg CO2e from Scope 2 emissions. This reflects a slight increase in emissions compared to 2023, where total emissions were approximately 4,506,000 kg CO2e, with Scope 1 at 295,000 kg CO2e and Scope 2 at 4,506,000 kg CO2e. The company has not disclosed any Scope 3 emissions data. Despite the lack of specific reduction targets or initiatives, LIC Housing Finance is committed to addressing its carbon footprint. The absence of documented reduction targets suggests a need for further development in their climate strategy. The company does not currently participate in initiatives such as the Science Based Targets initiative (SBTi) or similar climate pledges. As a significant player in the housing finance sector in India, LIC Housing Finance's emissions data is crucial for understanding its environmental impact and commitment to sustainability. The company is encouraged to establish clear reduction targets and enhance its climate commitments to align with industry standards and expectations.
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LIC Housing Finance’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for LIC Housing Finance yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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