Climate Change Data

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