Environmental, Social and Governance Report

Overview

The report presents HDFC Life's FY 2023-24 ESG performance through a newly detailed GHG inventory, renewable-energy procurement, waste initiatives, and strengthened ESG oversight. It reports Scope 1, Scope 2 and limited Scope 3 emissions, with Scope 1 and 2 totals of 161.83 tCO2e and 10,769.8 tCO2e and Scope 3 of 6,563.75 tCO2e. The company purchased 471.9 MWh of renewable energy and recycled or disposed of e-waste, paper waste and plastic waste. Social disclosures highlight 32,486 employees and women representing 26.9% of the workforce, while Board and committee oversight of ESG was expanded.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2023-2024
Period: 1 April 2023 – 31 March 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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