Hdfc
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 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's reported carbon emissions
In 2024, HDFC reported total carbon emissions of approximately 650,000,000 kg CO2e, with Scope 1 emissions at about 90,000,000 kg CO2e, Scope 2 emissions at approximately 500,000,000 kg CO2e, and Scope 3 emissions around 60,000,000 kg CO2e. The Scope 1 and 2 combined emissions totalled about 590,000,000 kg CO2e. In 2023, HDFC's emissions in India were approximately 24,856,590 kg CO2e, with Scope 1 emissions at about 3,981,440 kg CO2e, Scope 2 emissions around 11,903,120 kg CO2e, and Scope 3 emissions approximately 8,972,030 kg CO2e. The combined Scope 1 and 2 emissions totalled about 15,884,560 kg CO2e. HDFC has disclosed emissions data across all three scopes (1, 2, and 3) for multiple years, indicating a commitment to transparency in their climate impact. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The bank's emissions intensity metrics suggest a focus on improving efficiency relative to revenue, with Scope 1 and 2 emissions intensity reported at 4.36e-06 kg CO2e per million USD of turnover in 2024. Overall, HDFC's emissions data reflects a significant carbon footprint, with ongoing efforts to monitor and report emissions, although specific reduction strategies have not been detailed.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
Industry emissions intensity
Location emissions 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 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.
