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.
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.
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.
HDFC Asset Management Company Limited's score of 39 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, HDFC Asset Management Company Limited reported total carbon emissions of approximately 15,000,000 kg CO2e, comprising 441,000 kg CO2e from Scope 1, 3,023,000 kg CO2e from Scope 2, and 9,025,000 kg CO2e from Scope 3 emissions in India. Globally, the company’s emissions for the same year were about 12,992,000 kg CO2e, with 267,000 kg CO2e from Scope 1 and 2,826,000 kg CO2e from Scope 2. In 2023, HDFC AMC's emissions were approximately 16,270,000 kg CO2e globally, with 135,000 kg CO2e from Scope 1, 2,497,000 kg CO2e from Scope 2, and 16,270,000 kg CO2e from Scope 3. In India, the company reported about 7,776,000 kg CO2e, with 267,000 kg CO2e from Scope 1 and 2,826,000 kg CO2e from Scope 2. Despite the significant emissions, HDFC AMC has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. The emissions data is cascaded from HDFC Asset Management Company Limited, reflecting its current subsidiary status within the corporate family. Overall, HDFC AMC's commitment to addressing climate change remains unclear, with no specific reduction strategies outlined in their reports.
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 3,224,180 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 11,003,770 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 6,125,920 | 0,000,000 | 00,000,000 | 00,000,000 |
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 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.
