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Public Profile
Financial Intermediation
IN
updated 5 months ago

Tata Aig General Insurance

Company website

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.

21

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.

27

Industry Benchmark

Tata Aig General Insurance's score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Tata Aig General Insurance's reported carbon emissions

Tata AIG General Insurance Company Limited, headquartered in India, has made significant commitments towards achieving net-zero emissions. Although specific emissions data for the most recent year is not available, the company is actively engaged in climate initiatives. Tata AIG has committed to the Science Based Targets initiative (SBTi) with a long-term goal of net-zero emissions across all scopes by 2050. This commitment was formalised in 2023, aligning with the financial institutions' net-zero standard. As a current subsidiary of Tata Group, Tata AIG's climate strategies are influenced by its parent company's sustainability initiatives. The company is a member of the BA1.5 initiative, which underscores its dedication to ambitious climate action. While no specific reduction targets or absolute emissions figures have been disclosed, Tata AIG's commitment to net-zero emissions reflects a proactive approach to addressing climate change within the insurance sector.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Tata Aig General Insurance's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Aig General Insurance is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Tata Aig General Insurance is participating in some 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.

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

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Where does DitchCarbon data come from?

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