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ICICI Lombard General Insurance Company Ltd

Common Name
ICICI Lombard
Country
India
Sector
Financial Services
Industry
Insurance - Diversified
Employees
15,123
Ticker
ICICIGI
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
ICICI Lombard General Insurance Company Limited is a leading general insurance provider in India. The company primarily focuses on offering a comprehensive range of insurance products and services, in...

ICICI Lombard's GHG Emissions Data Preview

In 2025, ICICI Lombard completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

ICICI Lombard has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022 - 2017
Total Scope 1
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b
0000000
Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind ICICI Lombard’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ICICI Lombard’s data sources below and access millions more through our Disclosure Search.

a. ICICI Lombard's Responsibility Report 2025
a. ICICI Lombard's Responsibility Report 2025
b. ICICI Lombard's ESG Report 2025
b. ICICI Lombard's ESG Report 2025

Insights into ICICI Lombard's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions ofICICI Lombard amounted to7,300.79metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of ICICI Lombarddecreased by 7.18%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

ICICI Lombard's Scope 1 Emissions Over Time

20202021202220232024202504008001.2 k1.6 ktCO2e+25%+136%+16%+5%+57%
  • Total Scope 1
  • Year-over-Year Change

What are ICICI Lombard's Scope 1 emissions?

In 2025, the total Scope 1 emissions of ICICI Lombard were 1,424.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has ICICI Lombard reduced its Scope 1 emissions over time?

Since 2020, ICICI Lombard's Scope 1 emissions have increased by 463.05%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2024), ICICI Lombard's Scope 1 emissions increased by 57.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are ICICI Lombard's Scope 2 emissions?

In 2025, ICICI Lombard reported Scope 2 greenhouse gas (GHG) emissions of 5,875.87 tCOâ‚‚e without specifying the calculation method.a

Has ICICI Lombard reduced its Scope 2 emissions over time?

Since 2020, ICICI Lombard's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 24.82%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year(2024), ICICI Lombard's Scope 2 emissions(Unspecified Calculation Method) fell by 15.55% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does ICICI Lombard use for Scope 2 reporting?

In 2025, ICICI Lombard reported its Scope 2 emissions using an unspecified methodology.a

ICICI Lombard's Scope 2 Emissions Over Time

20202021202220232024202502 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into ICICI Lombard's Value Chain Emissions

In 2025, ICICI Lombard reported 5,660.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of ICICI Lombard includes a breakdown across 3of the 15 Scope 3 categories defined by the GHG Protocol,down from 4 in 2024, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

ICICI Lombard's Scope 3 Emissions Over Time

20202021202220232024202502 k4 k6 k8 ktCO2e+14%+5%+22%-22%+10%
  • Total Scope 3
  • Year-over-Year Change

What are ICICI Lombard's Scope 3 emissions?

In 2025, ICICI Lombard reported total Scope 3 emissions of 5,660.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has ICICI Lombard reduced its Scope 3 emissions over time?

Since 2020, ICICI Lombard's Scope 3 emissionshave increased by 26.49%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), ICICI Lombard's Scope 3 emissions increased by 10.33%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does ICICI Lombard disclose?

In 2025, ICICI Lombard reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.b

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of ICICI Lombard's Scope 3 emissions?

In 2025, the largest contributors to ICICI Lombard's Scope 3 emissions were:b

  • Business Travel (Cat. 6): 4,742.42 tCOâ‚‚e(83.78%)
  • Fuel- and Energy-Related Services (Cat. 3): 887.29 tCOâ‚‚e(15.68%)
  • Waste Generated in Operations (Cat. 5): 30.69 tCOâ‚‚e(0.54%)

ICICI Lombard's Scope 3 Emissions by Categories

Fuel- andEnergy-RelatedServices (Cat. 3)(15.7%)Business Travel(Cat. 6)(83.8%)

Insights into ICICI Lombard’s GHG Emissions Intensity Compared to Industry Peers

In 2025, ICICI Lombard reported Scope 1 greenhouse gas (GHG) emissions of 1,424.92 tCOâ‚‚e and total revenues of USD 2,915 millions. This translates into an emissions intensity of 0.49 tCOâ‚‚e per millions USD.a

ICICI Lombard's Scope 1 Emissions Intensity Compared to Peers

0.02201,00050,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)PGo Digit General InsuranceYear: 2025Scope 1: 26 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.02 tCO2e/$MIndusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MMotilal Oswal Financial ServicesYear: 2024Scope 1: 3 tCO2eRevenue: $M 610Scope 1 Intensity: 0.01 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,077Scope 1 Intensity: 0.15 tCO2e/$MYes BankYear: 2025Scope 1: 4,586 tCO2eRevenue: $M 1,765Scope 1 Intensity: 2.60 tCO2e/$MBank of IndiaYear: 2025Scope 1: 9,106 tCO2eRevenue: $M 3,967Scope 1 Intensity: 2.30 tCO2e/$MBank of MaharashtraYear: 2025Scope 1: 804 tCO2eRevenue: $M 1,610Scope 1 Intensity: 0.50 tCO2e/$MNew India AssuranceYear: 2025Scope 1: 2,669 tCO2eRevenue: $M 5,096Scope 1 Intensity: 0.52 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,550Scope 1 Intensity: 0.12 tCO2e/$MFederal BankYear: 2025Scope 1: 2,111 tCO2eRevenue: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MIndian Overseas BankYear: 2025Scope 1: 5,676 tCO2eRevenue: $M 1,932Scope 1 Intensity: 2.94 tCO2e/$MSBI CardYear: 2025Scope 1: 198 tCO2eRevenue: $M 1,736Scope 1 Intensity: 0.11 tCO2e/$MCentral Bank of IndiaYear: 2025Scope 1: 7,084 tCO2eRevenue: $M 2,325Scope 1 Intensity: 3.05 tCO2e/$MPPPB FintechYear: 2025Scope 1: 1,954 tCO2eRevenue: $M 583Scope 1 Intensity: 3.35 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MStar HealthYear: 2025Scope 1: 0 tCO2eRevenue: $M 2,000Scope 1 Intensity: 0.00 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MBajaj Housing FinanceYear: 2025Scope 1: 206 tCO2eRevenue: $M 1,074Scope 1 Intensity: 0.19 tCO2e/$MNippon Life India AMCYear: 2025Scope 1: 72 tCO2eRevenue: $M 261Scope 1 Intensity: 0.28 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MICICI LombardYear: 2025Scope 1: 1,425 tCO2eRevenue: $M 2,915Scope 1 Intensity: 0.49 tCO2e/$M

How does ICICI Lombard's GHG emissions intensity compare to its peers?

In 2025, ICICI Lombard reported a Scope 1 emissions intensity of 0.49 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.39, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does ICICI Lombard rank on GHG emissions intensity within its industry?

In 2025, ICICI Lombard ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

ICICI Lombard is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into ICICI Lombard's Total Carbon Footprint

In 2025, ICICI Lombard reported a total carbon footprint of 12,961.19 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.27% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to ICICI Lombard's total carbon footprint was Scope 2 emissions, accounting for 45.33% of the company's total carbon footprint, followed by Scope 3 emissions at 43.67%.a

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