Religare Enterprises Limited
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 11 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Religare Enterprises Limited's reported carbon emissions
In 2023, Religare Enterprises Limited reported carbon emissions of approximately 14,140 kg CO2e for Scope 1 and about 44,110 kg CO2e for Scope 2, totalling around 58,250 kg CO2e. This reflects a significant reduction in Scope 1 emissions from 427 kg CO2e in 2022, indicating a proactive approach to minimising direct emissions. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. However, their ongoing commitment to reducing emissions is evident in the decreasing trend of their Scope 1 emissions over the years. Religare's emissions per unit of revenue have also shown improvement, with a reported figure of approximately 0.000076 kg CO2e per million INR in 2023, down from 0.000147 kg CO2e per million INR in 2022. This suggests a focus on enhancing operational efficiency while reducing carbon intensity. Overall, Religare Enterprises Limited is making strides in managing its carbon footprint, although further commitments and targets would strengthen its climate action strategy.
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.
Religare Enterprises Limited 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.
