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
ICICI Prudential Life Insurance Co Ltd
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