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.
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.
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.
Manipalcigna Health Insurance's score of 27 is lower than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, ManipalCigna Health Insurance reported total carbon emissions of approximately 74,230,000 kg CO2e for Scope 1 and 2 combined, with Scope 1 emissions at about 14,566,000 kg CO2e and Scope 2 emissions (market-based) at approximately 59,664,000 kg CO2e. Additionally, Scope 3 emissions from business travel were reported at about 10,535,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the baseline year. Furthermore, ManipalCigna is committed to achieving carbon neutrality for these scopes by 2040. This commitment reflects a proactive approach to climate action within the insurance sector, aligning with industry standards for sustainability and emissions reduction. The company has disclosed emissions data for all relevant scopes, demonstrating transparency in its environmental impact reporting.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Scope 1 | 10,961,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 58,992,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 21,371,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
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.