LIC India Forever

Sustainability Report and Carbon Intensity Rankings

Is LIC India Forever doing their part?

Their DitchCarbon score is 45

LIC India Forever has a DitchCarbon Score of 45, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, which is a measure of how much carbon emissions are produced relative to their activities. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing their environmental impact.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

LIC India Forever operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

The company LIC India Forever is situated in India, which has a very high carbon intensity rating. This suggests that the company’s operations are likely to have a larger carbon footprint, potentially making its sustainability efforts more challenging.
5.83%

...this company is doing 5.83% worse in emissions than the industry average.

The Life Insurance Corporation of India (LIC), founded in 1956, is a state-owned public sector corporation and the largest life insurance and financial institution in India. Headquartered in Mumbai, LIC operates through a vast network including 8 zonal offices, 109 divisional offices, 2048 computerized branches, and 992 satellite offices in rural areas to extend its reach. Offering a diverse portfolio of over 40 different insurance products, LIC serves various segments of society with plans ranging from basic insurance to pension and health plans, maintaining its market leadership even after the entry of private competitors.

emission intelligence's platform recommendations for LIC India Forever

Ramsay Health Care should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions.

Good news, LIC India Forever has committed to SBTi goals

LIC India Forever has pledged to align its operations and strategies with the Science Based Targets initiative to significantly reduce greenhouse gas emissions. This commitment signifies the company’s dedication to environmental sustainability and its role in combating climate change through responsible corporate practices.
Participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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