Tata Aig General Insurance Sustainability Profile
Tata AIG General Insurance Company Limited, commonly referred to as Tata AIG, is a prominent player in the Indian insurance sector, headquartered in Mumbai, India. Established in 2001, this joint venture between Tata Group and American International Group (AIG) has rapidly evolved, offering a diverse range of insurance solutions across the country. Specialising in general insurance, Tata AIG provides innovative products including health, motor, travel, and home insurance. Their unique approach combines comprehensive coverage with exceptional customer service, setting them apart in a competitive market. With a strong presence in major operational regions across India, Tata AIG has garnered recognition for its commitment to customer satisfaction and efficient claims processing. As a leader in the industry, Tata AIG has achieved significant milestones, including numerous awards for excellence in service and product innovation, solidifying its position as a trusted insurance provider in India.
DitchCarbon Score
How does Tata Aig General Insurance'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
Tata Aig General Insurance's score of 21 is lower than 83% 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
Tata Aig General Insurance's reported carbon emissions
Tata AIG General Insurance Company Limited, headquartered in India, has made significant commitments towards reducing its carbon emissions, although specific emissions data is currently unavailable. The company is committed to achieving net-zero emissions across all scopes by 2050, as part of its long-term climate strategy. This commitment is aligned with the Science Based Targets initiative (SBTi), which the company joined as a member in March 2023. Tata AIG has set a near-term target to align with the Financial Institutions Net-Zero Standard, with a deadline of 24 months from the standard's launch. This initiative reflects the company's proactive approach to addressing climate change within the financial sector, which includes banks and insurance providers. As a current subsidiary of Tata Group, Tata AIG's climate commitments are part of a broader corporate responsibility strategy that aims to mitigate environmental impacts and promote sustainability. The company is actively working towards integrating these commitments into its operational framework, although specific reduction targets and achievements have not been disclosed at this time.
How Carbon Intensive is Tata Aig General Insurance's Industry?
How Carbon Intensive is Tata Aig General Insurance's Location?
Tata Aig General Insurance'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 Aig General Insurance has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Aditya Birla Health Insurance Co. Limited
Niva Bupa Health Insurance Company Limited
The New India Assurance Company Limited
Icici Lombard
Bajaj Allianz General Insurance Company Limited
Frequently Asked Questions
Common questions about Tata Aig General Insurance's sustainability data and climate commitments