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Insurance Services
IN
updated a month ago

The Oriental Insurance Company Limited Sustainability Profile

Company website

The Oriental Insurance Company Limited, commonly referred to as Oriental Insurance, is a prominent player in the Indian insurance sector, headquartered in New Delhi, India. Established in 1947, the company has built a strong reputation for providing a diverse range of insurance products, including health, motor, and property insurance, catering to both individual and corporate clients. With a significant presence across various regions in India, Oriental Insurance has achieved notable milestones, including the introduction of innovative insurance solutions tailored to meet the evolving needs of its customers. The company is recognised for its commitment to customer service and has garnered a substantial market position, making it one of the leading general insurance providers in the country. Its unique offerings and robust financial stability continue to set it apart in the competitive insurance landscape.

DitchCarbon Score

How does The Oriental Insurance 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.

27

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.

33

Industry Benchmark

The Oriental Insurance Company Limited's score of 27 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.

44%

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The Oriental Insurance Company Limited's reported carbon emissions

In 2024, The Oriental Insurance Company Limited reported total emissions of approximately 138,650,910 kg CO2e, comprising 111,356,740 kg CO2e from Scope 1 and 27,294,170 kg CO2e from Scope 2. This reflects a decrease from 2023, where total emissions were approximately 176,187,480 kg CO2e, with Scope 1 emissions at 136,210,720 kg CO2e and Scope 2 emissions at 39,976,760 kg CO2e. The company has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. Their emissions intensity metrics indicate that in 2024, the total Scope 1 and Scope 2 emissions per rupee of turnover was 9.6e-12, while the emissions intensity in terms of physical output was 2080.0 tonnes. In 2023, these figures were 1.0943e-11 per rupee and 2930.0 tonnes, respectively. The Oriental Insurance Company Limited does not inherit emissions data from any parent or related organizations, and their climate commitments remain unspecified.

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20232024
Scope 1
136,210,720
000,000,000
Scope 2
39,976,760
00,000,000
Scope 3
-
-

How Carbon Intensive is The Oriental Insurance Company Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Oriental Insurance Company Limited's primary industry is Insurance Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is The Oriental Insurance Company Limited's Location?

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 Oriental Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

The Oriental Insurance Company Limited'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.

The Oriental Insurance Company Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare The Oriental Insurance Company Limited's Emissions with Industry Peers

Zurich

CH
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

HDFC ERGO General Insurance Company Limited

IN
•
Real estate services (70)
Updated 3 months ago

Axa

FR
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 15 days ago

The New India Assurance Company Limited

IN
•
Insurance and pension funding services, except compulsory social security services (66)
Updated about 1 month ago

Aditya Birla Health Insurance Co. Limited

IN
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 26 days ago

ALLIANZ GROUP

DE
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 2 days ago

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Where does DitchCarbon data come from?

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