Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics & Transparency
• Product Responsibility
• Well-being of Employees
• Responsiveness to Stakeholders
• Respect for Human Rights
• Environment Protection
• Public Policy Advocacy
• Inclusive Growth
• Customer Engagement

Environmental Achievements

• Transitioning from physical Infrastructure to cloud
• E-waste processed in an environment friendly manner (685 kg)
• Eco-friendly diaries distributed, saving on wood, water and energy
• Replaced plastic water bottles with glass/steel bottles
• Replaced plastic garbage bags with biodegradable bags
• 59,000 sq. ft. of biodiversity park developed at Mumbai University
• Deployment of timers for signage boards to save electricity
• A tree was planted for every online SIP in Equity oriented & Gold schemes

Social Achievements

• Investor education initiative focusing on women investors (#BarniSeAzadi campaign)
• Over 2,70,000 children and 9,000 teachers provided access to foundational learning
• Over 3,000 cancer patients provided with financial aid for treatment
• Over 6,000 children given access to nutritious meals & quality education
• 100 flats furnished for cancer patients undergoing treatment
• Conducted 3,289 Investor Awareness Programs covering around 2,50,000 participants
• Conducted over 575 investor awareness programs under #BarniSeAzadi campaign
• Over 25,000 students participated in financial awareness programme

Governance Achievements

• Established a robust investment philosophy, efficient risk management, and stewardship code
• Adopted CFA Institute Asset Manager Code of Professional Conduct
• Strong Cyber Risk Management framework
• Increased efforts through sensitisation of employees, customers and other stakeholders on cyber frauds, data privacy etc.
• Conflict of Interest Policy (CoI) to avoid conflict of interest involving Board and KMP
• Conflict Resolution Committee (CRC) for managing and dealing with CoI situations

Climate Goals & Targets

Environmental Challenges

• Reputational risks if unable to meet stakeholder expectations
• Information Security and Cyber Risk
• Compliance risk
• Data Security & Customer privacy

Mitigation Strategies

• Robust investment philosophy, efficient risk management, and stewardship code
• Strong Cyber Risk Management framework
• Increased efforts through sensitisation of employees, customers and other stakeholders on cyber frauds, data privacy etc.
• Conflict of Interest Policy (CoI)
• Conflict Resolution Committee (CRC)

Supply Chain Management

Responsible Procurement

• Procurement from NGOs supporting marginalized groups (NADE, Jai Vakeel Foundation)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NGRBC

Third-party Assurance: CRISIL (GHG inventory)

Environmental Metrics

ESG Focus Areas

• Responsible Investing
• Financial Literacy
• Data Security & Customer Privacy
• Digitization
• Environmental Sustainability
• Workforce Diversity
• Employee Well-being

Environmental Achievements

• Over 1,900 Kgs of e-waste processed in an environmentally friendly manner
• 4,000+ Kgs of plastic waste was processed in an environmentally friendly manner under our NurtureNature campaign
• 90% of transactions are supported by integrated online platform
• Onboarding new applications to cloud platform under Agile infrastructure initiative to reduce carbon footprint
• HDFC AMC as part of its CSR Initiatives towards Environmental Sustainability has supported the development and sustentation of over 59,000 sq.ft. of “Biodiversity Park”
• The Company procured sustainable stationery products

Social Achievements

• Conducted over 3,000 Investor Awareness Programs covering more than 2,70,000 participants, creating awareness on mutual funds
• Conducted over 900 investor awareness programs under #BarniSeAzadi campaign
• Conducted an investor education initiative that focuses on women investors and their specific financial needs and goals: Fem-power
• Over 2,48,000 children provided access to foundational learning and over 5,500 teachers trained
• Over 3,000 cancer patients provided with financial aid for initial diagnosis & treatment
• Over 11,700 children given access to nutritious meals & quality education
• 100 flats furnished for cancer patients undergoing treatment at TATA Memorial Hospital
• Over 13,600 cancer patients & their attendants availed the daily transport service
• ~33% of the Company’s work force are women
• ~27% of the leadership team comprise of women
• Differently abled candidates are part of the workforce
• Over 64,000 employee training manhours clocked in FY 2023-24
• ~1,000 employees attended ESG training on Climate Change and Energy Literacy
• 11 Ethics workshops conducted for employees
• Conducted 1,336 distributor training/ awareness sessions (326 soft-skills and 1,010 technical programs) covering a wide range of topics that attracted around 75,000 participants
• NISM workshops: 509 workshops have been conducted in the financial year covering over 7,000 participants
• HDFC AMC Certification: PGP Academy & Moody’s 50+ hours course – Covering over 3,700 participants which included employees and distributors

Governance Achievements

• Established ESG and CSR Committee of the Board
• Signed the United Nations-Supported Principles for Responsible Investment, Climate Action 100+ and adopted the CFA Institute Asset Manager Code
• Implemented Conflict of Interest Policy
• Established Conflict Resolution Committee

Climate Goals & Targets

Environmental Challenges

• ESG issues impacting the performance of investment portfolios
• Reputational risks if stakeholder expectations are not met
• Cyber/information security risk due to digital transactions
• Reputational risks from information security and cyber risks
• Compliance risks

Mitigation Strategies

• Robust investment philosophy, efficient risk management, and sound governance practices
• Investment team monitors ESG related factors in investee companies
• Adopted a stewardship code
• Strong Cyber Risk Management framework
• Employee, customer, and stakeholder sensitization on cyber frauds, data privacy, etc.
• Regular training and limited access to critical information

Supply Chain Management

Responsible Procurement

• Procuring sustainable stationery products
• Engaging with certified e-waste handler for the disposal of e-waste

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 27001:2013

Third-party Assurance: BSR & Co. LLP

Awards & Recognition

• Great Place To Work® (GPTW) India