Max Financial Services, headquartered in India, is a prominent player in the financial services industry, specialising in life insurance and asset management. Founded in 1988, the company has achieved significant milestones, including strategic partnerships and expansions across major operational regions in India. Offering a diverse range of products, including innovative life insurance solutions and mutual funds, 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 performance and customer satisfaction. With a focus on delivering value and trust, Max Financial Services continues to evolve, adapting to the dynamic financial landscape while maintaining its reputation as a reliable partner for individuals and businesses alike.
How does Max Financial Services'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 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.
Max Financial Services's score of 21 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Max Financial Services reported total carbon emissions of approximately 41,490,000 kg CO2e, comprising 5,485,000 kg CO2e from Scope 1 and 36,005,000 kg CO2e from Scope 2. This represents a slight increase from 2022, where emissions were about 40,580,000 kg CO2e. The company has also disclosed emissions for 2024, which are projected to be around 47,712,000 kg CO2e, with Scope 1 emissions at 5,589,000 kg CO2e and Scope 2 emissions at 42,123,000 kg CO2e. Max Financial Services has not set specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The company’s emissions intensity metrics show an increase in emissions per rupee of turnover, highlighting the need for enhanced efforts in carbon management. As the organisation continues to grow, addressing its carbon footprint will be crucial for aligning with global climate commitments and improving its environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 3,278,000 | 0,000,000 | 0,000,000 |
Scope 2 | 29,185,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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.
Max Financial Services is not committed to any reduction initiatives 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.