IIFL Finance Limited
Climate Impact & Sustainability Data (2022-07 to 2022-09)
Reporting Period: 2022-07 to 2022-09
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Reduced paper consumption by 3.9 tons in FY21 by digitalizing and automating processes
- Recycled 16.3 kl of water in FY21
- Replaced 3,356 incandescent lights with LED panels across 15 branches
- Implemented waste management initiatives where dry and wet waste is picked up by local municipal bodies and e-waste and paper waste is given to authorized vendors for recycling
Social Achievements
- 69% of gold loan disbursed are of less than ₹50,000 value
- 54% of loans given till date are to small businesses
- 83% of the branches are located in tier II, III cities and rural areas
- 76% of the Unsecured MSME loans given are of less than ₹1 Million
- 49% of unsecured loans are to borrowers who are new to credit
- 55,700+ families benefitted under HOME LOAN CLSS and ₹1300+ Cr. subsidy provided till date
- 77,600+ loans given to the informal segment
- 58% loans given to female owners/co-owners
- 173,000+ loans to first-time home buyers
- 18.7 lakhs+ families benefited in 17 states with financial intervention
- 12,000+ dairy farmers supported through 10 cattle health centers in 4 States
Governance Achievements
- In FY 21-22, we reported zero cases of non-compliance with financial, environmental, and socio-economic regulations.
Climate Goals & Targets
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Most innovative Fintech Product Award for WhatsApp Loan
- Customer Services Excellence Award
- Quick loan Approval Award for IIFL Instant Loan
- Best Innovative CSR Project Award for its drone initiative
- CSR Leadership Award
- Best leading tech of the Year Award