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Public Profile
Insurance Services
IN
updated 2 months ago

Tata AIA Life Insurance Company Limited Sustainability Profile

Company website

Tata AIA Life Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Mumbai, India. Established in 2001, this joint venture between Tata Sons and AIA Group has rapidly evolved, offering a diverse range of life insurance products tailored to meet the needs of individuals and families across the country. With a strong focus on innovation, Tata AIA provides unique offerings such as term plans, savings plans, and health insurance solutions, all designed to ensure financial security and peace of mind. The company has garnered a reputation for its customer-centric approach and robust claim settlement ratio, positioning itself as a trusted name in the industry. As a testament to its success, Tata AIA has received numerous accolades, solidifying its status as a leader in the life insurance market in India.

DitchCarbon Score

How does Tata AIA Life 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.

14

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.

33

Industry Benchmark

Tata AIA Life Insurance Company Limited's score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

8%

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Tata AIA Life Insurance Company Limited's reported carbon emissions

Tata AIA Life Insurance Company Limited, headquartered in India, currently does not have any publicly available carbon emissions data, as indicated by the absence of specific figures for emissions in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Tata AIA Life Insurance Company Limited may inherit climate-related initiatives and commitments from its parent organisation, Tata Group. However, specific details regarding these initiatives or any cascading data from the parent company are not provided. In the context of the insurance industry, companies are increasingly focusing on sustainability and climate commitments, but without specific data or targets, it is challenging to assess Tata AIA's position in this regard. The company may benefit from aligning with industry standards and setting measurable targets to enhance its climate strategy in the future.

How Carbon Intensive is Tata AIA Life Insurance Company Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tata AIA Life Insurance Company Limited's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Tata AIA Life Insurance Company Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Tata AIA Life Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Tata AIA Life 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.

Tata AIA Life 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Tata AIA Life Insurance Company Limited's Emissions with Industry Peers

Canara HSBC Life Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

Aditya Birla Sun Life Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 months ago

Edelweiss Life Insurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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