India CSR Network
No Result
View All Result
  • Login
  • Register
SUBSCRIBE
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Login
  • Register
No Result
View All Result
India CSR Network
No Result
View All Result
Home More

HDFC Bank Releases Sustainability Report 2017-18

by India CSR Network
3 years ago
in More

MUMBAI: HDFC Bank released its annual Sustainability report for the year ended March 31, 2018. The report encapsulates the social change the Bank is trying to bring about in the country under #Parivartan, the umbrella name for all the social initiatives of the Bank. In a first, the Sustainability Report is now aligned with the Integrated Reporting (IR) Framework laid down by the International Integrated Reporting Council.

Towards this end, it has identified its value created for its stakeholders under six capitals: Financial, Manufactured, Intellectual, Human, Social & Relationship and Natural. Through this framework both financial and societal value created have been captured. The Report is also aligned to the ‘Comprehensive’ Standards of the GRI (Global Reporting Initiative).

Please click here for the Sustainability Report

Key Highlights of the report:

  • Transformed lives of 3.5 crore Indian under #Parivartan.
  • With an expenditure of Rs 374 crore in the last financial year, Bank is one of the largest spenders of CSR in the country.
  • Touched more than 80 Lakh (8 million) households in the bottom of the pyramid under Sustainable Livelihood Initiative (SLI)
  • Made a difference across 870 villages in 16 states under Holistic Rural Development Programme (HRDP).
  • Financial Literacy Programme covered more than 59 Lakh (5.9 million) participants
  • In its 12th year, the annual blood donation drive collected more than 2 Lakh units across 3000 camps in the country.

“Let me start by reaffirming our deeply held belief that businesses cannot prosper if the communities in which they operate fail. This is what has been inspiring our social initiatives, through which we have already made a difference in the lives of about 3.5 crore people, predominantly in rural areas. This has helped bridge the India-Bharat divide,” said Aditya Puri, MD, HDFC Bank in the report.

“Women are at the core of our social initiatives. For instance, our board mandated Sustainable Livelihood Initiative (SLI), is driven entirely through Self Help Groups comprising women. This helps people at the bottom of the pyramid break out of the cycle of poverty by equipping them with livelihood skills, finance and market linkage. We firmly believe that by empowering women, we empower family, society and the in the ultimate analysis, nation.” said Ashima Bhat, Head – Business Finance, Strategy, Infrastructure, CSR, HDFC Bank.

Our social initiatives are also aligned with United Nations (UN) Sustainable Development Goals (SDGs). SDGs are global goals by United Nations to get countries and key stakeholders like business around the world to commit and work for the progress and prosperity of the people and protect the planet.

HDFC Bank’s efforts under sustainability and social change are in sync with the SDGs outlined by the UN. The Sustainability Report outlines the work undertaken by the Bank by engaging with the communities to work on reducing poverty, zero hunger, clean water & sanitation, quality education, sustainable cities and communities to name a few, which are also some of the SDGs.

CSRBooks.com CSRBooks.com CSRBooks.com
Tags: Aditya PuriHDFC BankIntegrated Reporting (IR) FrameworkMDSustainable Development GoalsSustainable Livelihood Initiative
ShareTweetPin

India CSR Network

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium content, we invite you to subscribe it.

Related Posts

Union Budget 2022: Tax Rebates in Budget for Realty Vital for Salaried Class
More

Union Budget 2022: Tax Rebates in Budget for Realty Vital for Salaried Class

January 19, 2022
India’s Veteran journalist Vinod Dua passes away
More

India’s Veteran journalist Vinod Dua passes away

December 5, 2021
Meet a NGO Leader who digs up dirt to set right system
More

Meet a NGO Leader who digs up dirt to set right system

August 10, 2021
More

Republic or Democratic?

January 22, 2021
Brand Identity of India CSR Network
CSR

Nomination invited for India CSR Professional of the Year Awards

August 4, 2021
More

Value of Books in Life

August 4, 2021
More

Google generates its 83% of revenues from the display of ads

August 4, 2021
More

Reliance Foundation Hospital rewarding medical staff with extra pay

August 4, 2021
CSR

Covid-19: ITC’s Paperboards and Specialty Paper Business lend its support to the needy in Telangana

August 4, 2021

Popular Stories

  • Lupin Terminates 300 Staff

    Lupin Terminates 300 Staff

    0 shares
    Share 0 Tweet 0
  • What is liberalization?

    0 shares
    Share 0 Tweet 0
  • 7 Reasons Why Smartphone Can Make Your Life Easier

    0 shares
    Share 0 Tweet 0
  • QNET CSR Arm Supports Electrification Project to light up the lives of 470 villagers in Meghalaya

    0 shares
    Share 0 Tweet 0
  • MCA amends Schedule III of Companies Act on disclosure norms in financial statements and Details of Corporate Social Responsibility (CSR)

    0 shares
    Share 0 Tweet 0
India CSR Network

  • Home
  • About Us
  • Team
  • Partnership
  • Contact
  • Terms of Use
  • Subscribe

No Result
View All Result
  • Home
  • CSR
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Environment
    • Education
    • Gender Equality
    • Health
    • Skill Development
    • No Poverty
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Articles
  • Interviews
  • Events
  • BOOKS
  • More
    • Technology
    • Lifestyle
    • Case Studies
    • Knowledge
    • Social Sector Leaders
    • Social Entrepreneurship
    • Philanthropy
    • Sports
    • Gaming
  • Prime
  • Login
  • Sign Up
  • Cart

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In