Hdfc Life Insurance Co. Ltd. · NSE:HDFCLIFE

Hdfc Life Insurance — ESG Presentation (2021)

20 slides from Hdfc Life Insurance's sustainability presentation, 2021

  1. Slide 1: An Overview of our ESG Journey

    An Overview of our ESG Journey

  2. Slide 2: Our ESG approach

    Our ESG approach Multi-year ESG Roadmap Financial Governance Our Purpose Financial Governance Financial Governance To provide a financial safety-net to individuals Social Social Environment Our Vision To be the most successful and admired life insurance Social Environment company, which means that w

  3. Slide 3: Our ESG Strategy: 5 pillars

    Our ESG Strategy 5 pillars of ESG Strategy Diversity, Ethical Responsible Equity and Holistic Sustainable Conduct & Investment Inclusion Living Operations Governance (DE&I) 3

  4. Slide 4: Ethical Conduct & Governance

    Ethical Conduct & Governance  Governance Structure & Philosophy  Business Ethics & Policies 4

  5. Slide 5: Ethical Conduct & Governance

    Ethical Conduct & Governance Governance structure & Compensation Framework Key Policies Code of Whistle blower PRSH2 Comprehensive Conduct Corporate governance Board independence framework including 50% independent corporate structure and directors1 , all directors stakeholder ‘Fit & Proper’ as per

  6. Slide 6: Responsible Investment, Sustainable Equity Fund, Risk Management

     Responsible Investment  Sustainable Equity Fund  Risk Management 6

  7. Slide 7: Responsible Investment

    Responsible Investment RI Policy Sustainable Equity Fund1 Objective What is Sustainable Why sustainable To generate optimal risk adjusted returns over the Equity fund? investing? long term This fund shall seek to To create value for all RI framework generate returns from stakeholders with investing

  8. Slide 8: Risk Management

    Risk Management Risk Management and Mitigation Other Risks & Mitigation Maintaining Balance Risk oversight Enterprise Risk Sheet Strength Information/cyber Cyber insurance by Board of Directors; Management (ERM) Over 98% of the debt security To cover for the cost of Review in multiple framework inve

  9. Slide 9: Diversity, Equity and Inclusion; Employee Engagement

     Diversity, Equity and Inclusion  Employee Engagement 9

  10. Slide 10: Employee Engagement

    Employee Engagement Employee diversity, equity & inclusion Employee engagement o Promoting DEI ally ship: communication, o Emotional and mental well being strengthening policies, aligning workforce assistance program for employees and their families o 26% women employees o Doctor on Call: Unlimited

  11. Slide 11: Diversity, Equity and Inclusion

    Diversity, Equity and Inclusion 11

  12. Slide 12: Corporate Social Responsibility, Inclusive Growth, Customer Centricity

     Fulfilling our Corporate Social Responsibility  Inclusive Growth  Customer Centricity 12

  13. Slide 13: Holistic Living: Corporate Social Responsibility/Inclusive Growth

    Holistic Living: Corporate Social Responsibility/Inclusive Growth Social Sector Lives 26% 29% 24% FY 2019 FY 2020 FY 2021 Social lives as % of total group lives Required % or no. of lives as per the regulations: 5% % lives covered in last 3 years: 27% No. of lives covered via micro insurance product

  14. Slide 14: Holistic Living: Customer Centricity

    Holistic Living: Customer Centricity Customer Centricity Journey simplification – Simplifying buying journeys through platforms Online claim processing for eligible frictionless sales and like LifeEasy (online term purchase) customers via EasyClaims platform service Document simplification & elimina

  15. Slide 15: Sustainable Operations: Energy, Emissions, Water, Digitisation

     Energy, Emissions, and Water Conservation  Digitisation  Reducing Carbon Footprint – Biodiversity conservation  E-Waste and other Waste Management Initiatives 15

  16. Slide 16: Sustainable Operations

    Sustainable Operations Energy and water Digitization - Reduction of Paper Usage Waste management o Online /e-forms for customers o Annual report FY21 digitally communicated o Use of 3/5 star rated o Demat or dematerialized i.e. appliances digital policy accounts 43.9% of our new business o 69% of br

  17. Slide 17: ESG Engagement and Way Forward

    ESG Engagement and Way Forward 17

  18. Slide 18: External Validation and Disclosures

    External Validation and Disclosures • Active engagement with external agencies including MSCI, S&P Global (DJSI)  • MSCI rating improved from ‘BB’ in October 2019 to ‘BBB’ in August 2020  • S&P Global (DJSI) percentile improved significantly from 1 in 2019 to 61 in 2021 despite increase in partici

  19. Slide 19: Way forward

    Way forward Deepen our focus on environment – understand and track carbon footprint Strengthen our investment strategy Go beyond CSR obligation and inculcate a culture of giving back to society Augment employee health and mental well-being programs Continue on our journey to simplify insurance buyin

  20. Slide 20: Thank you

    Thank you 20

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