Max Financial Services
Max Financial Services, headquartered in India, is a prominent player in the insurance and pension funding services sector, specifically focusing on non-compulsory social security services. Established in 1988, the company has achieved significant milestones, including strategic partnerships and innovative product offerings that cater to a diverse clientele across major operational regions in India.
Specialising in life insurance, health insurance, and pension plans, Max Financial Services distinguishes itself through its customer-centric approach and commitment to financial security. The company has garnered a strong market position, recognised for its robust financial performance and comprehensive service portfolio. With a focus on delivering tailored solutions, Max Financial Services continues to set benchmarks in the insurance industry, ensuring peace of mind for its customers.
-6 vs industry average
Max Financial Services’s score of 33 is lower than 43% 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
Insurance Services is among the least carbon-intensive industries
Industry performance
The Insurance Services industry has reduced its overall emissions by 25% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Max Financial Services's reported carbon emissions
Max Financial Services, an Indian insurance and pension funding services provider, reported its Scope 1 and Scope 2 carbon emissions for several recent years. For the reporting year 2025, the company's Scope 1 emissions were approximately 293,200 kg CO2e, with Scope 2 emissions at about 7,759,430 kg CO2e. In the preceding year, 2024, Scope 1 emissions were reported as approximately 141,730 kg CO2e and Scope 2 emissions at approximately 6,694,640 kg CO2e. For the reporting year 2023, Scope 1 emissions stood at approximately 265,640 kg CO2e and Scope 2 emissions at approximately 10,647,980 kg CO2e. In 2022, Scope 1 emissions were approximately 228,530 kg CO2e, and Scope 2 emissions were approximately 7,705,140 kg CO2e.
The company has indicated that Scope 3 emissions data, specifically for purchased goods and services, is currently unavailable. Max Financial Services has not publicly disclosed specific reduction targets or commitments to initiatives such as Science Based Targets initiative (SBTi) or the Climate Pledge. Their climate reporting is not cascaded from a parent organisation.
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Max Financial Services’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Max Financial Services yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Max Financial Services
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