National Insurance Company Limited Sustainability Profile
National Insurance Company Limited, commonly referred to as NIC, is a prominent player in the Indian insurance sector, headquartered in Kolkata, India. Established in 1906, NIC has a rich history and has evolved significantly over the years, marking key milestones in the industry. Operating primarily in the general insurance domain, NIC offers a diverse range of products, including motor, health, and property insurance. What sets NIC apart is its commitment to customer-centric solutions and innovative insurance products tailored to meet the unique needs of its clients. With a strong market presence across various regions in India, National Insurance Company Limited has earned a reputation for reliability and trustworthiness. Its notable achievements include being one of the oldest and largest public sector general insurers in the country, reflecting its enduring legacy and commitment to excellence in the insurance industry.
DitchCarbon Score
How does National Insurance Company Limited'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
National Insurance Company Limited's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
National Insurance Company Limited's reported carbon emissions
National Insurance Company Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that National Insurance Company Limited may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. As the insurance industry increasingly prioritises sustainability, it is essential for companies like National Insurance Company Limited to consider developing and implementing climate strategies. This could include setting science-based targets for emissions reductions, participating in initiatives such as the Carbon Disclosure Project (CDP), or aligning with global climate agreements to enhance their environmental responsibility.
How Carbon Intensive is National Insurance Company Limited's Industry?
How Carbon Intensive is National Insurance Company Limited's Location?
National Insurance Company Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
National Insurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
