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Public Profile
Insurance Services
IN
updated 5 days ago

The New India Assurance Company Limited

Company website

The New India Assurance Company Limited, commonly referred to as New India Assurance, is a prominent player in the insurance industry, headquartered in Mumbai, India. Established in 1919, the company has a rich history and has grown to become one of the largest general insurance providers in the country, with a significant presence in both urban and rural regions. Specialising in a wide range of insurance products, including health, motor, and property insurance, New India Assurance is known for its customer-centric approach and innovative solutions. The company has achieved notable milestones, such as being the first Indian insurer to go global, with operations in several countries. With a strong market position and a commitment to excellence, New India Assurance continues to set benchmarks in the insurance sector, ensuring comprehensive coverage and peace of mind for its clients.

DitchCarbon Score

How does The New India Assurance 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.

16

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.

29

Industry Benchmark

The New India Assurance Company Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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The New India Assurance Company Limited's reported carbon emissions

The New India Assurance Company Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. Consequently, there are no recorded Scope 1, 2, or 3 emissions to analyse or summarise. In terms of climate commitments, there are no documented reduction targets or initiatives outlined in their current strategy. The company has not made any pledges related to the Science Based Targets initiative (SBTi) or other climate-related frameworks. As such, The New India Assurance Company Limited appears to be in the early stages of developing a comprehensive climate strategy, with no significant emissions data or reduction commitments available at this time.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The New India Assurance Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), 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 The New India Assurance Company Limited 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.

The New India Assurance Company Limited is not participating in any 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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