Manipalcigna Health Insurance Sustainability Profile
ManipalCigna Health Insurance Company Limited, headquartered in India, is a prominent player in the health insurance sector. Established in 2018, this joint venture between Manipal Group and Cigna Corporation has rapidly gained recognition for its innovative health solutions across major operational regions in India. Specialising in a range of health insurance products, including individual and family floater plans, ManipalCigna stands out for its comprehensive coverage options and customer-centric approach. The company has achieved significant milestones, such as being one of the first to offer wellness programmes integrated with insurance plans, enhancing the overall customer experience. With a strong market position, ManipalCigna is committed to promoting health and well-being, making it a trusted choice for individuals seeking reliable health insurance solutions in India.
DitchCarbon Score
How does Manipalcigna Health 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 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
Manipalcigna Health Insurance's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Manipalcigna Health Insurance's reported carbon emissions
As of the latest available data, ManipalCigna Health Insurance Company Limited does not report any specific carbon emissions figures (in kg CO2e). The company has made commitments towards climate action, although some of these commitments have expired. Notably, a near-term target status was marked as "Commitment removed," indicating a lack of active reduction targets at this time. However, the company has committed to near-term targets as of June 2023, although specific details on these targets are not provided. It is important to note that there are no net-zero commitments or long-term targets currently in place. ManipalCigna operates within the financial sector in India, specifically in insurance, and is part of a broader industry context where many organisations are increasingly focusing on sustainability and carbon reduction. The absence of reported emissions data suggests a potential area for improvement in transparency and accountability regarding their environmental impact. Overall, while there are some commitments to climate action, the lack of specific emissions data and active reduction targets highlights a need for further engagement in sustainability initiatives.
How Carbon Intensive is Manipalcigna Health Insurance's Industry?
How Carbon Intensive is Manipalcigna Health Insurance's Location?
Manipalcigna Health Insurance'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.
Manipalcigna Health Insurance 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.
