Dewan Housing Finance Corporation Limited Sustainability Profile
Dewan Housing Finance Corporation Limited (DHFL), a prominent player in the Indian housing finance sector, is headquartered in Mumbai, India. Established in 1984, DHFL has carved a niche in providing affordable housing loans, catering primarily to the middle and lower-income segments. Over the years, the company has achieved significant milestones, including a robust presence across various regions in India. DHFL's core offerings include home loans, loan against property, and fixed deposits, distinguished by competitive interest rates and flexible repayment options. The company has consistently focused on customer-centric solutions, making it a trusted name in the industry. With a strong market position, DHFL has been recognised for its commitment to financial inclusion and has played a pivotal role in promoting home ownership across the nation.
DitchCarbon Score
How does Dewan Housing 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.
Industry Average
Mean score of companies in the 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.
Industry Benchmark
Dewan Housing Finance Corporation Limited's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dewan Housing Finance Corporation Limited, headquartered in India, currently does not have specific carbon emissions data available for recent years. The company is identified as a merged entity, with emissions performance data cascaded from its parent organisation, Piramal Enterprises Limited, at a cascade level of 2. As of now, Dewan Housing Finance Corporation Limited has not established any documented reduction targets or climate pledges. This lack of specific commitments may reflect a broader industry context where financial institutions are increasingly recognising the importance of sustainability but may still be in the early stages of formalising their climate strategies. In summary, while Dewan Housing Finance Corporation Limited has not disclosed its own emissions data or reduction initiatives, it is part of a corporate family that is expected to align with industry standards for climate action in the future.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 40,881,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 86,928,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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Dewan Housing Finance Corporation Limited's Scope 3 Categories Breakdown
Dewan Housing Finance Corporation Limited's Scope 3 emissions, which increased by 11% last year and increased by approximately 5% since 2022, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 79% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 38% of Scope 3 emissions.
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Dewan Housing Finance Corporation Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Dewan Housing Finance Corporation Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
