Hdfc Sustainability Profile
HDFC Bank Limited, commonly referred to as HDFC, is a leading financial institution headquartered in Mumbai, India. Established in 1994, HDFC has grown to become one of the largest private sector banks in the country, with a significant presence across urban and rural regions. The bank operates primarily in the banking and financial services industry, offering a diverse range of products including retail banking, wholesale banking, and treasury operations. HDFC Bank is renowned for its innovative digital banking solutions and customer-centric approach, which have set it apart in a competitive market. With a strong emphasis on technology, the bank has achieved numerous accolades, including being consistently ranked among the top banks in India for customer satisfaction and service quality. Its commitment to excellence and robust financial performance solidifies HDFC's position as a trusted leader in the Indian banking sector.
DitchCarbon Score
How does Hdfc'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
Hdfc's score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hdfc's reported carbon emissions
In 2025, HDFC Bank Limited reported total carbon emissions of approximately 593,187,450 kg CO2e, with emissions distributed across various scopes: 77,999,500 kg CO2e (Scope 1), 284,877,910 kg CO2e (Scope 2), and 230,310,040 kg CO2e (Scope 3). Notably, Scope 3 emissions included significant contributions from employee commuting (119,512,770 kg CO2e) and business travel (15,708,880 kg CO2e). In 2024, the bank's emissions were recorded at 650,000,000 kg CO2e globally, with 90,000,000 kg CO2e from Scope 1, 500,000,000 kg CO2e from Scope 2, and 60,000,000 kg CO2e from Scope 3. This indicates a substantial commitment to tracking and managing emissions across all scopes. HDFC Bank has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments. The absence of documented reduction targets suggests a need for further development in their sustainability strategy. The emissions data is sourced directly from HDFC Bank Limited, with no cascaded data from parent or related organizations. Overall, HDFC Bank's emissions profile highlights the importance of addressing both direct and indirect emissions, particularly in the context of employee commuting and business travel, as part of a comprehensive climate strategy.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
How Carbon Intensive is Hdfc's Industry?
How Carbon Intensive is Hdfc's Location?
Hdfc's Scope 3 Categories Breakdown
Hdfc's Scope 3 emissions, which increased by 20% last year and increased by approximately 125% since 2015, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 9% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 74% of Scope 3 emissions.
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Hdfc'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.
Hdfc 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.
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