ICICI Prudential Life Insurance Co Ltd 2024 SR

The report highlights ICICI Prudential Life Insurance's commitment to ESG integration, achieving an upgraded MSCI ESG Rating of AA and a 'Low Risk' rating from Sustainalytics in 2023. The company demonstrated significant progress in financial inclusion, covering over 80.4 million lives through micro-insurance products. Environmental initiatives included transitioning 44 offices to green energy, reducing the electricity carbon footprint by 1,884 tCO2e, and maintaining a GHG emission intensity of 0.71 tCO2e per FTE. Socially, the company improved its gender diversity to 29% and trained 611 underprivileged youth through the ICICI Academy for Skills. Governance remains robust with a focus on data privacy, ethical conduct, and the first-time external verification of key sustainability metrics for FY2024.

Company: ICICI Prudential Life Insurance Co Ltd

Sector: Financials

Country: India

Year: 2024

Type: SR

Pages: 73

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ICICI Prudential Life Insurance Co Ltd

ICICI Prudential Life Insurance Co Ltd 2024 ESG Report

ESG Report

The report highlights ICICI Prudential Life Insurance's commitment to ESG integration, achieving an upgraded MSCI ESG Rating of AA and a 'Low Risk' rating from Sustainalytics in 2023. The company demonstrated significant progress in financial inclusion, covering over 80.4 million lives through micro-insurance products. Environmental initiatives included transitioning 44 offices to green energy, reducing the electricity carbon footprint by 1,884 tCO2e, and maintaining a GHG emission intensity of 0.71 tCO2e per FTE. Socially, the company improved its gender diversity to 29% and trained 611 underprivileged youth through the ICICI Academy for Skills. Governance remains robust with a focus on data privacy, ethical conduct, and the first-time external verification of key sustainability metrics for FY2024.

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Document Details

Report Year

2024

Reporting Period

Apr 1, 2023 - Mar 31, 2024

Fiscal Year

2024

Type

Sustainability Report

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

Sustainable Development Goals

Other Standards

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Scope 3:

Total Waste