Public Profile

HDFC Asset Management Company Limited

HDFC Asset Management Company Limited, commonly referred to as HDFC AMC, is a leading player in the Indian asset management industry, headquartered in Mumbai, India. Established in 1999, the company has consistently demonstrated growth and innovation, becoming a trusted name in mutual funds and investment solutions across the country. HDFC AMC offers a diverse range of financial products, including equity, debt, and hybrid mutual funds, catering to various investor needs. Its commitment to transparency and performance has earned it a strong market position, making it one of the largest asset management firms in India. With a focus on customer-centric services and a robust distribution network, HDFC AMC continues to set benchmarks in the industry, reflecting its dedication to helping investors achieve their financial goals.

DitchCarbon Score

How does HDFC Asset Management Company 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.

1

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.

13

Industry Benchmark

HDFC Asset Management Company Limited's score of 1 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

39%

HDFC Asset Management Company Limited's reported carbon emissions

In 2023, HDFC Asset Management Company Limited reported carbon emissions in India amounting to approximately 16,270,000 kg CO2e across all scopes. This includes 135,000 kg CO2e from Scope 1, 2,497,000 kg CO2e from Scope 2, and 16,270,000 kg CO2e from Scope 3 emissions. In 2022, the company recorded total emissions of about 13,467,000 kg CO2e in India, with Scope 1 emissions at 120,000 kg CO2e, Scope 2 at 2,401,000 kg CO2e, and Scope 3 at 13,467,000 kg CO2e. The previous year, 2021, saw total emissions of approximately 20,353,870 kg CO2e globally, with Scope 1 emissions of 3,224,180 kg CO2e, Scope 2 at 11,003,770 kg CO2e, and Scope 3 at 6,125,920 kg CO2e. Despite the increasing trend in emissions, there are currently no publicly disclosed reduction targets or climate pledges from HDFC Asset Management Company. The company is yet to establish specific initiatives aimed at reducing its carbon footprint, which is crucial in the context of global climate commitments.

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Add to project
20212022
Scope 1
3,224,180
0,000,000
Scope 2
11,003,770
00,000,000
Scope 3
6,125,920
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. HDFC Asset Management Company 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. HDFC Asset Management Company Limited is headquartered in IN, which has a rank of very high, indicating very high grid carbon intensity.

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.

HDFC Asset Management Company Limited is not committed to any reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers