HDFC Life Insurance Co Ltd 2024 SR
The report highlights HDFC Life's ESG performance for FY 2023-24, focusing on its 'Building for the Future' strategy. Key achievements include reaching a 26.9% women workforce representation, insuring 6.6 crore lives, and covering 14 out of 17 UN SDGs. The company advanced its climate strategy by launching a new Environment and Climate Change policy and achieved an 'A' rating from MSCI. Financially, it maintained a strong solvency margin of 187% and grew its Assets Under Management by 22% to ₹2.92 lakh crore. The report also details the company's digital transformation through project INSPIRE and its commitment to responsible investment.
Company: HDFC Life Insurance Co Ltd
Sector: Finance & insurance
Country: India
Year: 2024
Type: SR
Pages: 100
HDFC Life Insurance Co Ltd
The report highlights HDFC Life's ESG performance for FY 2023-24, focusing on its 'Building for the Future' strategy. Key achievements include reaching a 26.9% women workforce representation, insuring 6.6 crore lives, and covering 14 out of 17 UN SDGs. The company advanced its climate strategy by launching a new Environment and Climate Change policy and achieved an 'A' rating from MSCI. Financially, it maintained a strong solvency margin of 187% and grew its Assets Under Management by 22% to ₹2.92 lakh crore. The report also details the company's digital transformation through project INSPIRE and its commitment to responsible investment.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Women on Board
Women in Management
Employees