HDFC Asset Management Company Limited Sustainability Profile
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.
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 Asset Management Company Limited's score of 39 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
HDFC Asset Management Company Limited's reported carbon emissions
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.
Unlock detailed emissions data
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 |
How Carbon Intensive is HDFC Asset Management Company Limited's Industry?
How Carbon Intensive is HDFC Asset Management Company Limited's Location?
HDFC Asset Management Company 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.
HDFC Asset Management Company 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.
