HDFC Asset Management Company Ltd

Common Name
HDFC Asset Management
Country
India
Sector
Financial Services
Industry
Asset Management
Employees
1,618
Ticker
HDFCAMC
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
HDFC Asset Management Co. Ltd. is a prominent player in India's mutual fund industry, providing investment solutions across various asset classes. Its primary function is to offer a diverse range of m...

HDFC Asset Management's GHG Emissions Data Preview

In 2024, HDFC Asset Management completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, HDFC Asset Management has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into HDFC Asset Management's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of HDFC Asset Management amounted to 2,764 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of HDFC Asset Management decreased by 6.65%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

HDFC Asset Management's Scope 1 Emissions Over Time

20232024070140210280tCO2e+98%
  • Total Scope 1
  • Year-over-Year Change

What are HDFC Asset Management's Scope 1 emissions?

In 2024, the total Scope 1 emissions of HDFC Asset Management were 267 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), HDFC Asset Management's Scope 1 emissions increased by 97.78%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are HDFC Asset Management's Scope 2 emissions?

In 2024, HDFC Asset Management reported Scope 2 greenhouse gas (GHG) emissions of 2,497 tCOâ‚‚e without specifying the calculation method.

Has HDFC Asset Management reduced its Scope 2 emissions over time?

Compared to the previous year (2023), HDFC Asset Management's Scope 2 emissions (Unspecified Calculation Method) fell by 11.64% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does HDFC Asset Management use for Scope 2 reporting?

In 2024, HDFC Asset Management reported its Scope 2 emissions using an unspecified methodology.

HDFC Asset Management's Scope 2 Emissions Over Time

2023202407501.5 k2.25 k3 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into HDFC Asset Management's Value Chain Emissions

In 2024, HDFC Asset Management reported 12,992 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of HDFC Asset Management includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

HDFC Asset Management's Scope 3 Emissions Over Time

2023202404.5 k9 k13.5 k18 ktCO2e-20%
  • Total Scope 3
  • Year-over-Year Change

What are HDFC Asset Management's Scope 3 emissions?

In 2024, HDFC Asset Management reported total Scope 3 emissions of 12,992 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), HDFC Asset Management's Scope 3 emissions decreased by 20.15%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into HDFC Asset Management's Total Carbon Footprint

In 2024, HDFC Asset Management reported a total carbon footprint of 15,756 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 18.07% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to HDFC Asset Management's total carbon footprint was Scope 3 emissions, accounting for 82.46% of the company's total carbon footprint, followed by Scope 2 emissions at 15.85%.

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