Max Financial Services
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Insurance Services 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.
Industry Benchmark
Max Financial Services's score of 26 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Max Financial Services's reported carbon emissions
In 2024, Max Financial Services reported total carbon emissions of approximately 47,122,000 kg CO2e, comprising 5,589,000 kg CO2e from Scope 1 and 42,123,000 kg CO2e from Scope 2. This marks a significant increase from 2023, where emissions were about 6,836,360 kg CO2e, with Scope 1 contributing 141,730 kg CO2e and Scope 2 accounting for 6,694,640 kg CO2e. In 2022, the company emitted approximately 6,923,700 kg CO2e, with Scope 1 emissions at 265,640 kg CO2e and Scope 2 at 6,658,060 kg CO2e. Despite the increase in emissions, Max Financial Services has not set specific reduction targets or climate pledges, nor do they disclose any Scope 3 emissions data. The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are independently sourced from Max Financial Services Limited. Overall, while Max Financial Services has made strides in transparency regarding their emissions, the absence of reduction initiatives or targets highlights an area for potential improvement in their climate commitments.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 265,640 | 000,000 | 0,000,000 |
| Scope 2 | 6,658,060 | 0,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Max Financial Services 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.
