Housing Development Finance Corporation Limited (HDFC) is a leading financial institution headquartered in India, primarily serving the housing finance sector. Established in 1977, HDFC has played a pivotal role in promoting home ownership across the country, with a strong presence in major urban and semi-urban regions. Specialising in housing loans, HDFC offers a range of products including home loans, loan against property, and insurance services. Its unique approach combines competitive interest rates with personalised customer service, setting it apart in the industry. Over the years, HDFC has achieved significant milestones, including being the first mortgage company in India to be listed on the stock exchange. With a robust market position, HDFC is recognised for its commitment to innovation and customer satisfaction, making it a trusted name in housing finance.
How does Housing Development Finance Corporation 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.
Mean score of companies in the Services Auxiliary to 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.
Housing Development Finance Corporation Limited's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Housing Development Finance Corporation Limited (HDFC) reported total carbon emissions of approximately 638,540 kg CO2e, comprising 15,990 kg CO2e from Scope 1 and 622,520 kg CO2e from Scope 2 emissions. The previous year, 2023, HDFC's total emissions were about 24,856,590 kg CO2e, with Scope 1 emissions at 3,981,440 kg CO2e, Scope 2 emissions at 11,903,120 kg CO2e, and Scope 3 emissions at 8,972,030 kg CO2e. HDFC has disclosed emissions across Scopes 1, 2, and 3, indicating a comprehensive approach to tracking its carbon footprint. However, there are currently no specific reduction targets or climate pledges documented, suggesting that while emissions data is available, formal commitments to reduce emissions may not be established. The corporation's emissions intensity metrics include approximately 510 kg CO2e per employee and energy intensity per rupee of turnover, reflecting its operational efficiency. HDFC's ongoing efforts in sustainability are crucial in the context of the global push for reduced carbon emissions and climate resilience.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 1,340,100 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 |
Scope 2 | 2,864,600 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 |
Scope 3 | 1,013,700 | 0,000,000 | 0,000,000 | 0,000,000 | - |
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.
Housing Development Finance Corporation 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.