Housing Development Finance Corporation Ltd
Housing Development Finance's GHG Emissions Data Preview
In 2023, Housing Development Finance 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).
Housing Development Finance has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  a | 0000000 | 0000000 |
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aVerified Sources Behind Housing Development Finance’s Greenhouse Gas (GHG) Emissions Data
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Insights into Housing Development Finance's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Housing Development Finance amounted to 15,884.56 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 2022, the total operational greenhouse gas (GHG) emissions of Housing Development Finance increased by 7.22%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Housing Development Finance's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Housing Development Finance's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Housing Development Finance were 3,981.44 metric tons of CO₂ equivalent (tCO₂e).a
Has Housing Development Finance reduced its Scope 1 emissions over time?
Since 2021, Housing Development Finance's Scope 1 emissions have increased by 23.49%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2022), Housing Development Finance's Scope 1 emissions increased by 27.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
What are Housing Development Finance's Scope 2 emissions?
In 2023, Housing Development Finance reported Scope 2 greenhouse gas (GHG) emissions of 11,903.12 tCO₂e without specifying the calculation method.a
Has Housing Development Finance reduced its Scope 2 emissions over time?
Since 2021, Housing Development Finance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Housing Development Finance's emissions have plateaued with no significant change in its energy consumption footprint.ab
Compared to the previous year (2022), Housing Development Finance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Housing Development Finance's emissions have plateaued with no significant change in its energy consumption footprint.a
What methodology does Housing Development Finance use for Scope 2 reporting?
In 2023, Housing Development Finance reported its Scope 2 emissions using an unspecified methodology.a
Housing Development Finance's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Housing Development Finance's Value Chain Emissions
In 2023, Housing Development Finance reported 8,972.03 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 2023 disclosure of Housing Development Finance includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
Housing Development Finance's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Housing Development Finance's Scope 3 emissions?
In 2023, Housing Development Finance reported total Scope 3 emissions of 8,972.03 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Housing Development Finance reduced its Scope 3 emissions over time?
Since 2021, Housing Development Finance's Scope 3 emissions have increased by 46.46%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2022), Housing Development Finance's Scope 3 emissions increased by 28.13%, suggesting that the company faced challenges in reducing emissions across its value chain.a
What categories of Scope 3 emissions does Housing Development Finance disclose?
In 2023, Housing Development Finance reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Housing Development Finance's Scope 3 emissions?
In 2023, the largest contributors to Housing Development Finance's Scope 3 emissions were:ab
- Purchased Goods and Services (Cat. 1): 5,421.95 tCO₂e (60.43%)
- Employee Commuting (Cat. 7): 2,000.19 tCO₂e (22.29%)
- Business Travel (Cat. 6): 1,042.46 tCO₂e (11.62%)
Housing Development Finance's Scope 3 Emissions by Categories
Insights into Housing Development Finance's Total Carbon Footprint
In 2023, Housing Development Finance reported a total carbon footprint of 24,856.59 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.93% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Housing Development Finance's total carbon footprint was Scope 2 emissions, accounting for 47.89% of the company's total carbon footprint, followed by Scope 3 emissions at 36.1%.a