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 2023, 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).

However, ICICI Lombard has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into ICICI Lombard's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of ICICI Lombard amounted to 7,348.24 metric 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of ICICI Lombard increased by 16.4%, suggesting that the company faced challenges in reducing its emissions from its core operations.

ICICI Lombard's Scope 1 Emissions Over Time

202020212022202302505007501 ktCO2e+25%+136%+16%
  • Total Scope 1
  • Year-over-Year Change

What are ICICI Lombard's Scope 1 emissions?

In 2023, the total Scope 1 emissions of ICICI Lombard were 867.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ICICI Lombard reduced its Scope 1 emissions over time?

Since 2020, ICICI Lombard's Scope 1 emissions have increased by 242.91%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), ICICI Lombard's Scope 1 emissions increased by 16.02%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are ICICI Lombard's Scope 2 emissions?

In 2023, ICICI Lombard reported Scope 2 greenhouse gas (GHG) emissions of 6,480.44 tCOâ‚‚e without specifying the calculation method.

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 17.09%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), ICICI Lombard's Scope 2 emissions (Unspecified Calculation Method) rose by 16.45% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does ICICI Lombard use for Scope 2 reporting?

In 2023, ICICI Lombard reported its Scope 2 emissions using an unspecified methodology.

ICICI Lombard's Scope 2 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into ICICI Lombard's Value Chain Emissions

In 2023, ICICI Lombard reported 6,589.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of ICICI Lombard includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

ICICI Lombard's Scope 3 Emissions Over Time

202020212022202302 k4 k6 k8 ktCO2e+14%+5%+22%
  • Total Scope 3
  • Year-over-Year Change

What are ICICI Lombard's Scope 3 emissions?

In 2023, ICICI Lombard reported total Scope 3 emissions of 6,589.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ICICI Lombard reduced its Scope 3 emissions over time?

Since 2020, ICICI Lombard's Scope 3 emissions have increased by 47.25%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), ICICI Lombard's Scope 3 emissions increased by 22.49%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into ICICI Lombard's Total Carbon Footprint

In 2023, ICICI Lombard reported a total carbon footprint of 13,937.84 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.2% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to ICICI Lombard's total carbon footprint was Scope 3 emissions, accounting for 47.28% of the company's total carbon footprint, followed by Scope 2 emissions at 46.5%.

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