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) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 267a | 135a |
Total Scope 2 | ||
Unspecified Calculation Method | 2,497a | 2,826a |
Total Scope 3 | 12,992a | 16,270a |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.8616a | 0.5115a |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.
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).a
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.a
In 2024, the total Scope 1 emissions of HDFC Asset Management were 267 metric tons of CO₂ equivalent (tCO₂e).a
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.a
In 2024, HDFC Asset Management reported Scope 2 greenhouse gas (GHG) emissions of 2,497 tCO₂e without specifying the calculation method.a
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.a
In 2024, HDFC Asset Management reported its Scope 2 emissions using an unspecified methodology.a
In 2024, HDFC Asset Management reported 12,992 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
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.a
In 2024, HDFC Asset Management reported total Scope 3 emissions of 12,992 metric tons of CO₂ equivalent (tCO₂e).a
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.a
In 2024, HDFC Asset Management reported Scope 1 greenhouse gas (GHG) emissions of 267 tCO₂e and total revenues of USD 310 millions. This translates into an emissions intensity of 0.86 tCO₂e per millions USD.a
In 2024, HDFC Asset Management reported a Scope 1 emissions intensity of 0.86 tCO₂e per millions USD. Compared to the peer group median of 0.13, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, HDFC Asset Management ranked 11 out of 13 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places HDFC Asset Management among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, HDFC Asset Management reported a total carbon footprint of 15,756 metric tons of CO₂ equivalent (tCO₂e) 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.a
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%.a