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Public Profile
Financial Intermediation
IN
updated 6 months ago

Manipalcigna Health Insurance

Company website

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.

14

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.

27

Industry Benchmark

Manipalcigna Health Insurance'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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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. However, the company is committed to reducing its carbon footprint and has set near-term targets as part of its climate initiatives. ManipalCigna is classified as a financial institution within the insurance sector and is based in India. While it has not committed to a net-zero target, it has made a commitment to near-term reduction targets, indicating a proactive approach to addressing climate change. The company’s climate commitments are aligned with industry standards, reflecting a growing recognition of the importance of sustainability in the financial services sector. As of June 2023, these commitments are part of a broader trend among financial institutions to enhance transparency and accountability regarding their environmental impact. Overall, while specific emissions data is not available, ManipalCigna's commitment to reducing its carbon emissions demonstrates a responsible approach to environmental stewardship within the insurance industry.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Manipalcigna Health Insurance's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Manipalcigna Health Insurance is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Manipalcigna Health Insurance is not participating in any of the initiatives that 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.

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

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