ICICI Lombard General Insurance Company Limited has informed the Exchange regarding 'Business Responsibility and Sustainability Report of the Company for FY2025'.
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ICICI Lombard General Insurance has submitted its Business Responsibility and Sustainability Report (BRSR) for FY2025 to the stock exchanges, as required under SEBI's Listing Regulations. The report is independently assured by PKF Sridhar & Santhanam LLP and covers ESG performance across nine principles, including environment, employee welfare, and customer engagement. Key highlights include an 8.3% growth in Gross Direct Premium Income to ₹268.33 billion, 26.0% female workforce representation (up from 24.0% in FY2024), and 38.0% of electricity sourced from renewables (up from 27.0% in FY2024). The company reported a 23.9% market share in private electric car insurance and 32.2% in electric two-wheeler insurance. Net worth stood at ₹143.03 billion, with CSR spending of ₹404.2 million during the year.
This is a routine annual ESG/sustainability disclosure required by SEBI and does not directly impact stock price. However, it shows steady progress on sustainability targets and strong premium growth, which are mildly positive signals for long-term shareholders.