Business Responsibility and Sustainability Report FY2025
Awaiting price reaction for this filing.
ICICI Lombard has filed its annual Business Responsibility and Sustainability Report (BRSR) for FY2025 as required under SEBI's listing regulations. Key highlights: female workforce representation rose to 26% (from 24%), renewable energy share jumped to 37.1% of total consumption (from 26.1%), and Scope 1 emissions rose to 1,424.92 metric tonnes CO2e while Scope 2 emissions fell to 5,875.87 metric tonnes. The company reported ₹282.58 billion in Gross Written Premium, spent ₹404.2 million on CSR, and covered 93.9 million lives including 21 million in the social sector. EV insurance market share stood at ~23.9% in private electric cars and 32.2% in electric two-wheelers. Customer complaints rose to 7,545 (from 5,343), with 145 pending at year-end. The report was independently assured by PKF Sridhar & Santhanam LLP.
This is a regulatory ESG disclosure with no direct impact on stock price, but signals continued improvement on sustainability metrics and workforce diversity. The growing customer complaint count and higher Scope 1 emissions may attract attention from ESG-focused investors.