HDFC Bank

Sustainability Report and Carbon Intensity Rankings

Is HDFC Bank doing their part?

Their DitchCarbon score is 48

HDFC Bank has a DitchCarbon Score of 48 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

HDFC Bank operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

HDFC Bank is situated in India, a region with a very high carbon intensity rating. This suggests that the bank’s operations are likely to have a larger carbon footprint, potentially making its sustainability efforts more challenging.
2.83%

...this company is doing 2.83% worse in emissions than the industry average.

Founded in 1994 and headquartered in Mumbai, HDFC Bank is a leading entity in the finance sector of India. It offers a comprehensive suite of financial services, including retail banking, wholesale banking, and treasury operations. As the largest bank in India by market capitalization as of February 2016, HDFC Bank has been recognized for its digital initiatives and commitment to customer service excellence.

emission intelligence's platform recommendations for HDFC Bank

HDFC Bank should consider fuel switching in transportation and operations to explore new opportunities for reducing their Scope 1 emissions, potentially decreasing their environmental impact by 15%.

Bad news, HDFC Bank has yet to commit to SBTi

HDFC Bank has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank is currently not aligned with a clear set of actions to reduce greenhouse gas emissions in line with climate science.
Not participating

The Ultimate Guide to Building Sustainability Into Procurement​

1. Reputation and Brand Image

2. Corporate Social Responsibility

3. Becoming a Customer of Choice

4. Stakeholder Engagement

5. Risk Management

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.

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