ICICI Lombard files ESG Report for FY2026
ICICI Lombard General Insurance Company Limited filed its ESG Report for FY2026, disclosing a Gross Direct Premium of ₹ 287.12 billion and 41.2% renewable energy usage. The report details social metrics including 27.6% female workforce representation and CSR support for over 1.0 million individuals.
*this image is generated using AI for illustrative purposes only.
ICICI Lombard General Insurance Company Limited has filed its Environmental, Social and Governance (ESG) Report for FY2026 with the stock exchanges. The filing, submitted to BSE Limited and National Stock Exchange of India Limited, outlines the company's environmental, social and governance performance for the financial year ended March 31, 2026.
The report discloses that the Gross Direct Premium stood at ₹ 287.12 billion, up from ₹ 268.33 billion in FY2025. In terms of environmental impact, the company stated that 41.2% of its electricity requirements were consumed from renewable sources in FY2026, compared to 38.0% in the previous year. Additionally, 99.6% of policies were issued digitally during the year to minimize paper usage.
On the social front, the company reported a total workforce of 16,447 employees, with female representation increasing to 27.6% in FY2026. The report also noted that 31.2% of new agents onboarded were women. The company’s Corporate Social Responsibility (CSR) initiatives supported over 1.0 million underserved individuals, with a total CSR spend of ₹ 516.7 million for the year.
Key Financial and Operational Metrics
| Metric | FY2026 | FY2025 |
|---|---|---|
| Gross Direct Premium | ₹ 287.12 billion | ₹ 268.33 billion |
| Renewable Electricity Usage | 41.2% | 38.0% |
| Female Workforce Representation | 27.6% | 26.0% |
| Policies Issued Digitally | 99.6% | Not Available |
Governance and Assurance
The ESG Report has received independent reasonable assurance for BRSR Core Attributes from PKF Sridhar & Santhanam LLP. The Corporate Social Responsibility & Sustainability Committee, chaired by Preeti Reddy, oversees the company's ESG strategy and sustainability disclosures. The report also confirms that the company adhered to all relevant environmental laws and regulations during the financial year.
Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE765G01017/de1649ba-d7f9-4784-9939-6fc3a433a5ee.pdf
Historical Stock Returns for ICICI Lombard General Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.52% | +1.53% | +4.43% | -7.94% | +0.40% | +25.31% |
What specific renewable energy investments is ICICI Lombard planning to further increase the renewable electricity usage beyond the current 41.2%?
How will the company sustain the momentum of increasing female representation in the workforce to reach higher gender diversity targets in the coming years?
What new digital initiatives or technologies are being explored to enhance the customer experience given the high rate of digital policy issuance?
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