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Public Profile
Financial Intermediation
IN
updated 25 days ago

Religare Enterprises Limited

Company website

Religare Enterprises Limited, a prominent player in the Indian financial services sector, is headquartered in New Delhi, India. Founded in 2001, the company has established itself as a key provider of diversified financial solutions, including insurance, asset management, and lending services. With a strong presence across major operational regions in India, Religare has achieved significant milestones, including the launch of innovative insurance products and a robust online platform for investment services. The company’s core offerings, such as health insurance and mutual funds, are distinguished by their customer-centric approach and comprehensive coverage options. Religare's commitment to transparency and service excellence has positioned it favourably in the competitive landscape, earning recognition for its contributions to the financial industry. As it continues to expand its footprint, Religare Enterprises Limited remains dedicated to empowering individuals and businesses through tailored financial solutions.

DitchCarbon Score

How does Religare Enterprises Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

13

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Religare Enterprises Limited's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

7%

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Religare Enterprises Limited's reported carbon emissions

In 2024, Religare Enterprises Limited reported total carbon emissions of approximately 58,650 kg CO2e, comprising 12,550 kg CO2e from Scope 1 and 46,100 kg CO2e from Scope 2 emissions. This data reflects the company's operational footprint in India. In the previous year, 2023, the company recorded emissions of about 44,250 kg CO2e, with 140 kg CO2e from Scope 1 and 44,110 kg CO2e from Scope 2. Religare has not set specific reduction targets or climate pledges, indicating a lack of formal commitments to reduce emissions at this time. The absence of Scope 3 emissions data suggests that the company may not be currently measuring or reporting on these indirect emissions. Overall, while Religare Enterprises Limited has made strides in tracking its emissions, further commitments and initiatives may be necessary to enhance its climate strategy and align with industry standards.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Religare Enterprises Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Religare Enterprises Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Religare Enterprises Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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