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.
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Tata Aig General Insurance's reported carbon emissions
Tata AIG General Insurance, headquartered in India, currently does not have available emissions data for the most recent year. However, the company has made significant climate commitments, including a net-zero target. Tata AIG is committed to achieving net-zero emissions across all scopes by 2050, as part of its alignment with the Science Based Targets initiative (SBTi). This commitment was formalised in 2023, indicating a proactive approach to addressing climate change. As a financial institution, Tata AIG is a member of the BA1.5 initiative, which underscores its dedication to ambitious climate action. The company is also committed to implementing the Financial Institutions Net-Zero Standard, with a deadline set for 24 months from its launch. These initiatives reflect Tata AIG's recognition of the importance of sustainability in the insurance sector and its role in mitigating climate impacts. While specific emissions figures are not available, Tata AIG's long-term climate strategy positions it as a forward-thinking player in the financial services industry, aiming to contribute positively to global climate goals.
How Carbon Intensive is Tata Aig General Insurance's Industry?
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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.
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Common questions about Tata Aig General Insurance's sustainability data and climate commitments
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