Investor Presentaiton
Embedding ESG in our business - building a sustainable future for
the communities
LIC
भारतीय जीवन बीमा निगम
LIFE INSURANCE CORPORATION OF INDIA
LIC has integrated the SDGs with key areas of their business operations. LIC initiatives have ensured a positive
contribution to at least 12 of the 17 SDGs
1
NO
POVERTY
✓ Rural areas contributing 20.8% of individual policies sold and 14.8% of total new business sum assured
ZERO
2 HUNGER
555
GOOD HEALTH
3
AND WELL-BEING
4
QUALITY
EDUCATION
5
GENDER
EQUALITY
✓ 48.4% agents in India reside in
rural areas
insurance awareness in rural India
✓"Bima Gram" initiative to drive
✓ LIC GJF supports projects for the economically weaker sections of the society, aligned with its objectives - relief of poverty or
distress, education, medical relief any other object of general public utility, across the country.
✓ The LIC GJ,F has partnered with the Akshaya Patra Foundation (NGO) for funding for Food distribution vehicle for providing food
for children
✓1,569 medical camps & 2,451 cleaning activities organized in Apr-Sep'21 under the "Swastha Bharat" initiative
✓ Annual "Insurance Week" initiative to promote insurance awareness
✓ Impact investing strategy focused on improving access to healthcare and financing healthcare infrastructure
✓LIC GJF has funded for projects providing medical equipments, ambulance, medical vans, construction of hospitals, providing
for treatment for cancer patients, heart surgery and cochlear implant surgery.
✓ Scholarships offered to 25,103 deserving students worth Rs. 59.02 crore by LIC GJF to students from EW for higher education.
✓"Bima School" initiative to drive insurance awareness among schoolchildren
✓ Support to educational and research institutes
✓ Contributions by the LIC GJF for education infrastructure such as hostels, school buildings, computer labs, libraries, School
Bus, vocational training centre, occupational therapy tools & audio visual equipments for specially abled children. Contribution
by LIC GJF for literacy campaign in Govindpur village for 100 % literacy etc.
✓ 23.1% female agents, 23% women in workforce, and 29.6% female policyholders
✓ Committees at the central, zonal, & divisional levels for prevention of sexual harassment
✓ Active contribution towards women welfare projects for women empowerment., special scholarships for girl child by LIC GJF,
constructions of class rooms, hostel building, vocational training center, library, setting of infertility clinic, female patient ward,
construction of mother and child center, solar power plant in schools, residential school for under privileged girls.
Source: Corporation data, Note: Data for FY23 unless otherwise mentioned; LIC GJF - LIC Golden Jubilee Foundation; SDG - Sustainable Development Goals; PWD - Persons with benchmark disabilities; EW - Economically weaker sections of society
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