HDFC Bank has been assigned an ESG rating of 70 by NSE Sustainability Ratings & Analytics Ltd. following an assessment dated October 10, 2025. The rating reflects the bank’s environmental, social, and governance performance for the financial year 2024. The evaluation was conducted independently by NSE Sustainability Ratings & Analytics based on publicly available information.
ESG Rating for FY24
HDFC Bank has received an Environmental, Social, and Governance (ESG) rating of 70 from NSE Sustainability Ratings & Analytics Ltd. The rating is applicable for the financial year 2024. The rating was assigned on October 10, 2025.
Key Rating Highlights
The NSE Sustainability Ratings & Analytics assessment highlighted several key factors influencing HDFC Bank’s ESG performance:
Environmental Performance (Score: 67)
HDFC Bank performs well in managing its GHG emissions. The company effectively manages its water resources and waste handling practices and is well-aligned with environment-related industry best practices. However, the company performs moderately in terms of energy utilization.
Social Performance (Score: 73)
HDFC Bank demonstrates adequate performance in health and safety measures for its employees. The company promotes a diverse and inclusive workforce, moderately fulfils customer safety and satisfaction standards, and demonstrates proactive engagement in community welfare initiatives.
Governance Performance (Score: 72)
HDFC Bank exemplifies robust governance practices through its well-organized board structure, showcases a fair Risk Management system, and exhibits effective alignment with industry best practices.
Important Events
Several events have occurred involving HDFC Bank. These events involve issues such as restrictions imposed on the DIFC branch in September 2025. Additionally, there were allegations of mis-selling of high-risk Credit Suisse AT1 bonds in July 2025 and a monetary penalty imposed by the Reserve Bank of India (RBI) for contraventions related to foreign investment regulations also in July 2025.
Source: BSE
