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Life Insurance Corporation Of India

Common Name
LIC
Country
India
Sector
Financial Services
Industry
Insurance - Life
Employees
91,606
Ticker
LICI
Exchange
National Stock Exchange of India
Description
Life Insurance Corporation of India is a state-owned life insurance and investment company based in Mumbai, India. It operates as a diversified life insurer offering a broad suite of products, includi...

LIC's GHG Emissions Data Preview

In 2025, LIC 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) and Scope 2 (indirect emissions from purchased energy).

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

Metric (tCO2e)20252024
Total Scope 1
27,014a
13,107.89b
Total Scope 2
Unspecified Calculation Method
84,102a
67,250.14b
Total Scope 3
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.2592a
0.1289b
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Verified Sources Behind LIC’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.

a. LIC's Annual Report 2025
b. LIC's Annual Report 2024

Insights into LIC's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of LIC amounted to 111,116 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 2024, the total operational greenhouse gas (GHG) emissions of LIC increased by 38.28%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

LIC's Scope 1 Emissions Over Time

2024202507 k14 k21 k28 ktCO2e+106%
  • Total Scope 1
  • Year-over-Year Change

What are LIC's Scope 1 emissions?

In 2025, the total Scope 1 emissions of LIC were 27,014 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), LIC's Scope 1 emissions increased by 106.09%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are LIC's Scope 2 emissions?

In 2025, LIC reported Scope 2 greenhouse gas (GHG) emissions of 84,102 tCO₂e without specifying the calculation method.a

Has LIC reduced its Scope 2 emissions over time?

Compared to the previous year (2024), LIC's Scope 2 emissions (Unspecified Calculation Method) rose by 25.06% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does LIC use for Scope 2 reporting?

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

LIC's Scope 2 Emissions Over Time

20242025025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into LIC’s GHG Emissions Intensity Compared to Industry Peers

In 2025, LIC reported Scope 1 greenhouse gas (GHG) emissions of 27,014 tCO₂e and total revenues of USD 104,221 millions. This translates into an emissions intensity of 0.26 tCO₂e per millions USD.a

LIC's Scope 1 Emissions Intensity Compared to Peers

0.021005,000500,000Scope 1 Emissions (tCO2e)5002,00010,00050,000500,000Revenues (Millions of USD)Globe LifeYear: 2024Scope 1: 1,459 tCO2eRevenue: $M 5,778Scope 1 Intensity: 0.25 tCO2e/$MUnum GroupYear: 2024Scope 1: 5,634 tCO2eRevenue: $M 12,790Scope 1 Intensity: 0.44 tCO2e/$MCNP AssurancesYear: 2024Scope 1: 1,753 tCO2eRevenue: $M 4,015Scope 1 Intensity: 0.44 tCO2e/$MKGI Financial HoldingYear: 2024Scope 1: 1,525 tCO2eRevenue: $M 2,295Scope 1 Intensity: 0.66 tCO2e/$MNew China Life InsuranceYear: 2023Scope 1: 2,389 tCO2eRevenue: $M 9,865Scope 1 Intensity: 0.24 tCO2e/$MAIA GroupYear: 2024Scope 1: 2,566 tCO2eRevenue: $M 31,255Scope 1 Intensity: 0.08 tCO2e/$MChina Life InsuranceYear: 2024Scope 1: 95,978 tCO2eRevenue: $M 70,185Scope 1 Intensity: 1.37 tCO2e/$MPrudentialYear: 2024Scope 1: 1,562 tCO2eRevenue: $M 16,203Scope 1 Intensity: 0.10 tCO2e/$MChina Pacific Insurance GroupYear: 2024Scope 1: 44,275 tCO2eRevenue: $M 55,068Scope 1 Intensity: 0.80 tCO2e/$MPower Corporation of CanadaYear: 2024Scope 1: 9,333 tCO2eRevenue: $M 22,920Scope 1 Intensity: 0.41 tCO2e/$MSamsung Life InsuranceYear: 2024Scope 1: 32,288 tCO2eRevenue: $M 16,285Scope 1 Intensity: 1.98 tCO2e/$MCathay Financial HoldingYear: 2024Scope 1: 8,602 tCO2eRevenue: $M 11,018Scope 1 Intensity: 0.78 tCO2e/$MFubon Financial HoldingYear: 2024Scope 1: 4,026 tCO2eRevenue: $M 10,595Scope 1 Intensity: 0.38 tCO2e/$MGreat-West LifecoYear: 2024Scope 1: 5,876 tCO2eRevenue: $M 24,141Scope 1 Intensity: 0.24 tCO2e/$MAflacYear: 2024Scope 1: 2,850 tCO2eRevenue: $M 19,128Scope 1 Intensity: 0.15 tCO2e/$MManulife FinancialYear: 2023Scope 1: 140,202 tCO2eRevenue: $M 31,959Scope 1 Intensity: 4.39 tCO2e/$MDaiichi Life GroupYear: 2024Scope 1: 26,068 tCO2eRevenue: $M 69,256Scope 1 Intensity: 0.38 tCO2e/$MPing AnYear: 2024Scope 1: 28,158 tCO2eRevenue: $M 125,593Scope 1 Intensity: 0.22 tCO2e/$MPrudential FinancialYear: 2024Scope 1: 13,609 tCO2eRevenue: $M 70,659Scope 1 Intensity: 0.19 tCO2e/$MMetLifeYear: 2024Scope 1: 10,611 tCO2eRevenue: $M 69,947Scope 1 Intensity: 0.15 tCO2e/$MStar HealthYear: 2025Scope 1: 0 tCO2eRevenue: $M 2,000Scope 1 Intensity: 0.00 tCO2e/$MMax Financial ServicesYear: 2025Scope 1: 293 tCO2eRevenue: $M 5,430Scope 1 Intensity: 0.05 tCO2e/$MICICI Prudential Life InsuranceYear: 2025Scope 1: 759 tCO2eRevenue: $M 8,286Scope 1 Intensity: 0.09 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 11,345Scope 1 Intensity: 0.02 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,221Scope 1 Intensity: 0.26 tCO2e/$M

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

In 2025, LIC reported a Scope 1 emissions intensity of 0.26 tCO₂e per millions USD. Compared to the peer group median of 0.25, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does LIC rank on GHG emissions intensity within its industry?

In 2025, LIC ranked 14 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

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