Max Financial Services

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.