HDFC Bank Ltd
HDFC Bank's GHG Emissions Data Preview
In 2024, HDFC Bank 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 Bank has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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Verified Sources Behind HDFC Bank’s Greenhouse Gas (GHG) Emissions Data
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Insights into HDFC Bank's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of HDFC Bank amounted to 590,000 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 Bank increased by 73.53%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
HDFC Bank's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are HDFC Bank's Scope 1 emissions?
In 2024, the total Scope 1 emissions of HDFC Bank were 90,000 metric tons of CO₂ equivalent (tCO₂e). a
Has HDFC Bank reduced its Scope 1 emissions over time?
Since 2021, HDFC Bank's Scope 1 emissions have increased by 1,444.88%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), HDFC Bank's Scope 1 emissions increased by 200%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
What are HDFC Bank's Scope 2 emissions?
In 2024, HDFC Bank reported Scope 2 greenhouse gas (GHG) emissions of 500,000 tCO₂e using the market-based method. a
Has HDFC Bank reduced its Scope 2 emissions over time?
Since 2021, HDFC Bank's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have increased by 66.67%, reflecting a rising long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2023), HDFC Bank's Scope 2 emissions (Market-Based) rose by 61.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does HDFC Bank use for Scope 2 reporting?
In 2024, HDFC Bank reported its Scope 2 emissions using the market-based method. a
HDFC Bank's Scope 2 Emissions Over Time
- Total Scope 2 Market-Based
Insights into HDFC Bank's Value Chain Emissions
In 2024, HDFC Bank reported 60,000 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 Bank 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
HDFC Bank's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are HDFC Bank's Scope 3 emissions?
In 2024, HDFC Bank reported total Scope 3 emissions of 60,000 metric tons of CO₂ equivalent (tCO₂e). a
Has HDFC Bank reduced its Scope 3 emissions over time?
Since 2021, HDFC Bank's Scope 3 emissions have increased by 554%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), HDFC Bank's Scope 3 emissions increased by 20%, suggesting that the company faced challenges in reducing emissions across its value chain. a
Insights into HDFC Bank's Total Carbon Footprint
In 2024, HDFC Bank reported a total carbon footprint of 650,000 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 66.67% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to HDFC Bank's total carbon footprint was Scope 2 emissions, accounting for 76.92% of the company's total carbon footprint, followed by Scope 1 emissions at 13.85%. a