The report highlights the company's commitment to creating sustainable value by ingraining integrated thinking in its policies, processes and decision making. The report details the company's performance and explains its holistic value creation model. It also includes a materiality assessment aligned with GRI 2021, a robust risk management framework, and a commitment to upholding ethical business practices. Key highlights of the year include: the company recorded a 27% growth year-on-year, with a market share of 16.5% and 10.8% in the private and overall sector respectively; HDFC Life has been featured in the 'Leadership' category in the list of Indian Corporate Governance Scorecard; the company has been awarded the ICAI Silver Shield for the Integrated Annual Report FY 2021-22; HDFC Life also launched a 'Sustainable Equity Fund' with ESG-focussed companies; and the company has been recognised as one of the best workplaces for women by the 'Great Places to Work Institute' as well as the Economic Times in 2021.
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HDFC Life Insurance Co Ltd 2022-2023 ESG Report
Issuing Company HDFC Life Insurance Co., Ltd.
Report Type Sustainability Report
Report Language EN
Report Filesize 4.2 MB
No. of Pages 85 pages
Reporting periodApril 1, 2022-March 31, 2023
Report Edition3
Assurance Provider Price Waterhouse Chartered Accountants LLP
Reporting Standards GRI 2021; SASB; UNSDGs
Materiality Assessmenttrue