Tata Aig General Insurance
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 81% 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
In 2020, Tata AIG General Insurance reported total carbon emissions of approximately 78,656,000 kg CO2e. This figure includes Scope 1 emissions of about 6,156,000 kg CO2e, Scope 2 emissions of approximately 71,106,000 kg CO2e, and Scope 3 emissions related to business travel amounting to about 1,394,000 kg CO2e. This represents a significant reduction from 2019, when total emissions were approximately 155,598,000 kg CO2e, with Scope 1 emissions at about 17,121,000 kg CO2e, Scope 2 at approximately 93,782,000 kg CO2e, and Scope 3 emissions from business travel at around 44,695,000 kg CO2e. Tata AIG has committed to achieving net-zero emissions across all scopes by 2050, as part of its Science Based Targets initiative (SBTi) commitments. The company is a member of the BA1.5 initiative, which aligns with the goal of limiting global warming to 1.5 degrees Celsius. This commitment was formalised in March 2023, with a deadline for action set within 24 months from the launch of the Financial Institutions Net-Zero Standard. The emissions data and climate commitments are cascaded from Tata AIG General Insurance Company Limited, reflecting its status as a current subsidiary within the Tata Group.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | |
|---|---|---|
| Scope 1 | 17,121,000 | 0,000,000 |
| Scope 2 | 93,782,000 | 00,000,000 |
| Scope 3 | 44,695,000 | 0,000,000 |
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.
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.
