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Public Profile
Financial Intermediation
IN
updated 5 months ago

HDB Financial Services Limited

Company website

HDB Financial Services Limited, commonly referred to as HDBFS, is a prominent financial services provider headquartered in India. Established in 2007, the company has rapidly expanded its operations across major regions, offering a diverse range of financial solutions tailored to meet the needs of individuals and businesses alike. Operating within the financial services industry, HDBFS focuses on key areas such as personal loans, business loans, and insurance products. What sets HDBFS apart is its commitment to customer-centric services, leveraging technology to enhance user experience and streamline processes. With a strong market presence, HDBFS has achieved significant milestones, positioning itself as a trusted partner in financial growth and stability.

DitchCarbon Score

How does HDB Financial Services 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.

26

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.

27

Industry Benchmark

HDB Financial Services Limited's score of 26 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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HDB Financial Services Limited's reported carbon emissions

Inherited from HDFC Bank Limited

HDB Financial Services Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of HDFC Bank Limited, which may influence its climate-related strategies and commitments. As of now, HDB Financial Services has not established any documented reduction targets or climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. Given the context of its parent company, HDFC Bank Limited, it is possible that HDB Financial Services could align with broader sustainability goals set by the bank, although specific details on such initiatives are not provided. The absence of emissions data and reduction commitments highlights an opportunity for HDB Financial Services to enhance its climate action framework and contribute to industry-wide sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2015201620172018201920202021202220232024
Scope 1
6,500,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
408,400,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
26,700,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HDB Financial Services Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for HDB Financial Services Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

HDB Financial Services 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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