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 insurance corporation that plays a pivotal role in the Indian financial market. Established in 1956, its primary function is to offer life insuranc...

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)2025202420232022 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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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. Explore LIC’s data sources below and access millions more through our Disclosure Search.

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

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. a b

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 energy a b

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 104,301 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)505005,00050,000200,000Revenues (Millions of USD)Axis BankYear: 2025Scope 1: 11,347 tCO2eRevenue: $M 9,936Scope 1 Intensity: 1.14 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 10,553Scope 1 Intensity: 0.02 tCO2e/$MState Bank of IndiaYear: 2024Scope 1: 147,240 tCO2eRevenue: $M 38,806Scope 1 Intensity: 3.79 tCO2e/$MICICI Prudential Life InsuranceYear: 2025Scope 1: 759 tCO2eRevenue: $M 8,179Scope 1 Intensity: 0.09 tCO2e/$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: $M 421Scope 1 Intensity: 0.08 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MStar HealthYear: 2024Scope 1: 0 tCO2eRevenue: $M 1,600Scope 1 Intensity: 0.00 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MBajaj Housing FinanceYear: 2025Scope 1: 206 tCO2eRevenue: $M 1,074Scope 1 Intensity: 0.19 tCO2e/$MNippon Life India AMCYear: 2025Scope 1: 72 tCO2eRevenue: $M 261Scope 1 Intensity: 0.28 tCO2e/$MCDSLYear: 2025Scope 1: 5 tCO2eRevenue: $M 127Scope 1 Intensity: 0.04 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MPNB Housing FinanceYear: 2025Scope 1: 7 tCO2eRevenue: $M 347Scope 1 Intensity: 0.02 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MAditya Birla Sun Life AMCYear: 2025Scope 1: 0 tCO2eRevenue: $M 190Scope 1 Intensity: 0.00 tCO2e/$MICICI LombardYear: 2024Scope 1: 907 tCO2eRevenue: $M 2,612Scope 1 Intensity: 0.35 tCO2e/$MMax Financial ServicesYear: 2025Scope 1: 293 tCO2eRevenue: $M 5,440Scope 1 Intensity: 0.05 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 774Scope 1 Intensity: 0.03 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,301Scope 1 Intensity: 0.26 tCO2e/$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 0.19 , 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 23 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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