- Climate change impacts on lending portfolio (physical and transition risks)
- Data availability for calculating financed emissions
Housing Development Finance Corporation Limited
Greenhouse gas emissions & sustainability report data
In its 2022-23 reporting, Housing Development Finance Corporation Limited disclosed greenhouse gas emissions of 14.8K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 3.1K tCO2e/year; Scope 2: 11.7K tCO2e/year; Scope 3: 9.0K tCO2e/year (estimated). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
14.8K tCO2e/year (Scope 1 & 2)
2022-23
📊 Emissions by Scope (2022-23)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.1K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 11.7K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.0K tCO2e/year (estimated) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-23 | 14.8K tCO2e/year (Scope 1 & 2) |
| 2021-22 | 20.1K tCO2e/year (FY22) |
| 2021-2022 | 20.1K tCO2e/year (FY22) |
| 2021-04 to 2022-03 | 15.2K tCO2e/year |
| 2020-04 to 2021-03 | 3.7K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions from 15,884.56 MT CO₂e in FY22 to 14,815.46 MT CO₂e in FY23
- ~4% of the Corporation’s individual loan book comprises loans where the homes have green ratings.
- Cumulatively disbursed ₹ 32,795 crore of individual housing loans to home buyers in certified green building projects.
🎯 Climate & Sustainability Targets
🔭 Long-term
- Net zero emissions by 2070 (aligned with India's national target)
🌱 ESG Focus Areas
Climate ChangeAffordable HousingDiversity & InclusionResponsible LendingCommunity Development