HDFC's ESG Approach - Hope Begins At Home; Committed To Each Aspect Of ESG: ICICI Securities

Signage for HDFC is displayed outside the company's offices in Mumbai, India. (Photographer: Vivek Prakash/Bloomberg)

HDFC's ESG Approach - Hope Begins At Home; Committed To Each Aspect Of ESG: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

We hosted Housing Development Finance Corporation Ltd. at our virtual environmental, social and corporate governance conference 2021, wherein the management clearly articulated the company’s ESG approach, objectives and initiatives. Key takeaways:

1. governance practices that meet the highest ethical standards and prudency are key pillars. There are now a number of emerging corporate governance trends that will impact boards over the long run;

2. core business of financing housing sector fulfils social objectives but strives to further deepen the reach by exploring aspirational districts, focused lending to economically weaker section/ low income group, facilitate rural housing, offering concessional rate to woman home loan borrower; and

3. remains cognisant of reducing its resource consumption by ensuring better energy-efficiency standards and reducing carbon footprint.

Click on the attachment to read the full report:

ICICI Securities HDFC Ltd. ESG Conference.pdf

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