ICICI Lombard General Insurance Company Ltd
ICICI Lombard's GHG Emissions Data Preview
In 2024, 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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind ICICI Lombard’s Greenhouse Gas (GHG) Emissions Data
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Insights into ICICI Lombard's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of ICICI Lombard amounted to 7,865.39 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). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of ICICI Lombard increased by 7.04%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
ICICI Lombard's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are ICICI Lombard's Scope 1 emissions?
In 2024, the total Scope 1 emissions of ICICI Lombard were 907.22 metric tons of CO₂ equivalent (tCO₂e). a
Has ICICI Lombard reduced its Scope 1 emissions over time?
Since 2020, ICICI Lombard's Scope 1 emissions have increased by 258.49%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2023), ICICI Lombard's Scope 1 emissions increased by 4.54%, 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 2024, ICICI Lombard reported Scope 2 greenhouse gas (GHG) emissions of 6,958.17 tCO₂e 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 10.98%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), ICICI Lombard's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that ICICI Lombard 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does ICICI Lombard use for Scope 2 reporting?
In 2024, ICICI Lombard reported its Scope 2 emissions using an unspecified methodology. a
ICICI Lombard's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into ICICI Lombard's Value Chain Emissions
In 2024, ICICI Lombard reported 5,130.64 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of ICICI Lombard includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
ICICI Lombard's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are ICICI Lombard's Scope 3 emissions?
In 2024, ICICI Lombard reported total Scope 3 emissions of 5,130.64 metric tons of CO₂ equivalent (tCO₂e). 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 emissions have increased by 14.65%, reflecting a rising long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2023), ICICI Lombard's Scope 3 emissions decreased by 22.14%, highlighting the company's efforts to lower indirect emissions from its value chain. a
What categories of Scope 3 emissions does ICICI Lombard disclose?
In 2024, ICICI Lombard reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a
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 2024, the largest contributors to ICICI Lombard's Scope 3 emissions were: a
- Waste Generated in Operations (Cat. 5): 2,998.23 tCO₂e (58.44%)
- Employee Commuting (Cat. 7): 1,837.23 tCO₂e (35.81%)
- Fuel- and Energy-Related Services (Cat. 3): 283.54 tCO₂e (5.53%)
ICICI Lombard's Scope 3 Emissions by Categories
Insights into ICICI Lombard's Total Carbon Footprint
In 2024, ICICI Lombard reported a total carbon footprint of 12,996.03 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 6.76% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to ICICI Lombard's total carbon footprint was Scope 2 emissions, accounting for 53.54% of the company's total carbon footprint, followed by Scope 3 emissions at 39.48%. a