HDFC Life Insurance Co Ltd 2021 AR2
The report highlights HDFC Life Insurance Company Limited's performance and sustainability initiatives during the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the company insured 40 million lives, settled over 2.9 lakh death claims, and achieved a solvency margin of 201%. On the environmental front, the company created seven new city forests using the Miyawaki method, bringing its total to 17 city forests and 41,695 trees planted over three years. Additionally, the company transitioned 69% of its branches to LED lighting and achieved a 14% reduction in electricity consumption through energy-efficiency measures. Socially, the company impacted over 2.3 lakh beneficiaries through 22 CSR projects under its Swabhimaan initiative.
Company: HDFC Life Insurance Co Ltd
Sector: Finance & insurance
Country: India
Year: 2021
Type: AR2
Pages: 456
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HDFC Life Insurance Co Ltd
Annual Report
The report highlights HDFC Life Insurance Company Limited's performance and sustainability initiatives during the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the company insured 40 million lives, settled over 2.9 lakh death claims, and achieved a solvency margin of 201%. On the environmental front, the company created seven new city forests using the Miyawaki method, bringing its total to 17 city forests and 41,695 trees planted over three years. Additionally, the company transitioned 69% of its branches to LED lighting and achieved a 14% reduction in electricity consumption through energy-efficiency measures. Socially, the company impacted over 2.3 lakh beneficiaries through 22 CSR projects under its Swabhimaan initiative.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Total Waste
Women on Board
Employees