Religare Enterprises Limited Sustainability Profile
Religare Enterprises Limited, a prominent player in the Indian financial services sector, is headquartered in New Delhi, India. Founded in 2001, the company has established itself as a key provider of diversified financial solutions, including insurance, asset management, and lending services. With a strong presence across major operational regions in India, Religare has achieved significant milestones, including the launch of innovative insurance products and a robust online platform for investment services. The company’s core offerings, such as health insurance and mutual funds, are distinguished by their customer-centric approach and comprehensive coverage options. Religare's commitment to transparency and service excellence has positioned it favourably in the competitive landscape, earning recognition for its contributions to the financial industry. As it continues to expand its footprint, Religare Enterprises Limited remains dedicated to empowering individuals and businesses through tailored financial solutions.
DitchCarbon Score
How does Religare Enterprises 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 Financial Intermediation 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
Religare Enterprises Limited's score of 13 is lower than 93% 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
Religare Enterprises Limited's reported carbon emissions
In 2024, Religare Enterprises Limited reported total carbon emissions of approximately 58,650 kg CO2e, comprising 12,550 kg CO2e from Scope 1 and 46,100 kg CO2e from Scope 2 emissions. This data reflects the company's operational footprint within India. In the previous year, 2023, the company recorded emissions of about 44,250 kg CO2e, with 140 kg CO2e from Scope 1 and 44,110 kg CO2e from Scope 2. Religare has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The absence of Scope 3 emissions data suggests that the company may not be fully accounting for its entire carbon footprint, which is a common practice in the industry. Overall, while Religare Enterprises Limited has made strides in reporting its emissions, further commitments and comprehensive strategies may be necessary to enhance its climate action efforts.
How Carbon Intensive is Religare Enterprises Limited's Industry?
How Carbon Intensive is Religare Enterprises Limited's Location?
Religare Enterprises 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.
Religare Enterprises 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.
