Star Health and Allied Insurance Company Limited, commonly referred to as Star Health, is a prominent player in the Indian health insurance sector. Headquartered in Chennai, India, the company has established a strong presence across various operational regions, catering to the diverse needs of its clientele. Founded in 2006, Star Health has achieved significant milestones, including being the first standalone health insurance provider in India. The company offers a comprehensive range of products, including individual and family health insurance plans, critical illness coverage, and travel insurance, distinguished by their customer-centric approach and innovative features. With a robust market position, Star Health has garnered recognition for its commitment to quality service and extensive network of healthcare providers. Its focus on accessible and affordable health insurance solutions has made it a trusted choice for millions of policyholders across the nation.
How does Star Health and Allied 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.
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.
Star Health and Allied Insurance Company Limited's score of 25 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Star Health and Allied Insurance Company Limited reported total carbon emissions of approximately 22,000,000 kg CO2e. This figure includes 15,318,310 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 6,911,300 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded 293,840 kg CO2e in Scope 3 emissions, which encompass all other indirect emissions that occur in the value chain. For the following year, 2024, emissions data indicates a significant reduction in Scope 1 emissions to just 8 kg CO2e, while Scope 2 emissions slightly increased to 7,435,700 kg CO2e. Scope 3 emissions also rose to 1,505,000 kg CO2e, reflecting the complexities of managing indirect emissions. Despite these figures, Star Health and Allied Insurance Company Limited has not publicly disclosed any specific reduction targets or climate pledges, indicating a potential area for future commitment. The company operates within a growing industry context where climate action is increasingly prioritised, and stakeholders expect transparency and accountability in emissions reporting.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 15,318,310 | 0 |
Scope 2 | 6,911,300 | 0,000,000 |
Scope 3 | 293,840 | 0,000,000 |
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.
Star Health and Allied Insurance Company 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.