HDFC ERGO General Insurance Company Limited
Climate Impact & Sustainability Data (2021-2022, 2022-04 to 2023-03, 2024-25)
Reporting Period: 2021-2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Healthcare
- Community Development
- Rural Development
Environmental Achievements
- Installation of a 15kw solar panel system providing 24/7 power supply
Social Achievements
- Upgradation of the Primary Health Centre (PHC) in Hattimattur, Karnataka, resulting in improved access to maternal, neonatal, and child healthcare; increased patient footfall; and enhanced quality of care.
- Increased awareness among pregnant women and lactating mothers regarding various central/state government schemes
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Lack of available medical staff round the clock to handle emergency cases
- Need for staffing of additional medical officers at the PHC to enable expansion of services
Mitigation Strategies
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Deloitte Touche Tohmatsu India LLP
UN Sustainable Development Goals
- SDG 3: Good Health and Well-being
The project aimed to improve healthcare access and quality in rural Karnataka, contributing to better health outcomes for the community.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- ~ 93% of retail policies issued digitally
- Installed solar panels in schools and hospitals through CSR initiatives
- Launched ‘All Things EV’, a one-stop-solution portal for electric vehicles
Social Achievements
- CSR initiatives touched more than 10 lakh lives
- Share of women in workforce increased from 19% to 23%
- Hired 26 differently-abled employees
Governance Achievements
- Developed an ESG policy and framework
- Board of Directors oversees the Company through seven sub-committees
Climate Goals & Targets
Environmental Challenges
- Global economic slowdown
- High inflation
- Geopolitical uncertainty
Mitigation Strategies
- Robust risk management framework
- Portfolio steering measures
- Digital transformation initiatives
Supply Chain Management
Climate-Related Risks & Opportunities
Sustainable Products & Innovation
- Solar panel warranty insurance product
- ‘All Things EV’ portal for electric vehicles
Reporting Period: 2024-25
Environmental Metrics
ESG Focus Areas
- Education
- Health Care
- Women Welfare
- Community Development
- Environmental Sustainability
Social Achievements
- School reconstruction projects in multiple states impacting education.
- Livelihoods enhancement projects for women beneficiaries.
- Skill development program for neurodivergent adults.