Housing Development Finance Corporation Limited

INTEGRATED

R E P O R T 2 0 2 1 - 2 2

CONTENTS

4.

5.

7.

Introduction

HDFC

Value Creation

at a Glance

at the Group Level

9.

13.

15.

Stakeholder

ESG Indices

Sustainability & ESG

Engagement

Related Awards

and Recognitions

16.

17.

21.

Embedding ESG:

Highlights

Financial Capital

A Collective

Responsibility

23.

32.

42.

Human Capital

Social &

Physical &

Relationship Capital

Digital Capital

49.

52.

61.

Intellectual

Natural Capital

HDFC's ESG

Capital

Champions

63.

64.

Response to

CSR Projects

COVID-19

Undertaken Mapped

Through CSR

Against Sustainable

Development Goals

Note: 1 crore = 10 million, 1 lac = 100,000

This is a

We

should never give the impression to others of possessing the ultimate wisdom and should always

be willing

to look at our customers' problems with

understanding and empathy.

We should try to put ourselves in their position and

ask ourselves how we would like to be regarded.

never

endingprocess and,

at all levels of management; we must strive, day after day, to earn the

confidence and goodwill

of our customers.

H. T. Parekh (1911-1994)

Founder Chairman, HDFC

Introduction

For us at HDFC, the Integrated Report has always been a simple narrative of what we do each day at work. Environmental, Social and Governance (ESG) disclosures undoubtedly have become core for all stakeholders. To our mind, assessing our business through an ESG lens helps us articulate a more holistic view of our organisation, it provides us with various risk mitigation tools and more importantly, it enables us to think about new and emerging opportunities.

HDFC has been built on the founding principles of kindness, fairness, efficiency and effectiveness. These principles have held us in good stead over the past 45 years. These are the same principles we have imparted to all our group companies, even though each of them function as separate, independent entities.

Across the world, ESG frameworks are still evolving. We believe that ESG frameworks should be designed in a manner that enables organisations to constantly raise the bar on their disclosures.

Yet, what has become increasingly apparent in the recent period is that prevailing social, political and economic dimensions are inextricably linked with ESG and these factors will increasingly have a bearing on how ESG is perceived.

Our reporting across the pillars of ESG entails a combination of statutory and voluntary reports. These include the Report on Corporate Governance, Report on Corporate Social Responsibility, Business Responsibility and Sustainability Report, Integrated Report and Social Initiatives Report.

We recommend this report be read in conjunction with the Annual Report 2021-22 including the Financial Statements, Directors' Report, Management Discussion & Analysis Report and Report on Shareholders' Information.

04

HDFC at a Glance

HDFC was incorporated in 1977 as India's first retail mortgage finance company. Over the years, it has evolved as a financial conglomerate with interests beyond mortgages. HDFC has a unique structure of being both, an operating company and a holding company. HDFC is a mortgage finance company and is also the holding company for investments in its subsidiary and associate companies.

As at June 30, 2022, 68% of HDFC's equity shares were held by foreign investors, 20% by domestic institutional investors, 10% by individuals and 2% by companies.

Shareholding Pattern

as at June 30, 2022

Foreign Shareholders

Individuals

Mutual Funds

Financial Institutions, Banks

  • Insurance Companies Companies

2%

8%

12%

10%

68%

HDFC INTEGRATED REPORT 2021-22

05

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HDFC - Housing Development Finance Corporation Limited published this content on 27 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2022 10:43:04 UTC.