HDFC Life joined the United Nations as a signatory

HDFC Life has joined the UN-backed Principles for Responsible Investment (PRI), demonstrating its commitment to long-term value creation and sustainable growth. HDFC Life is dedicated to the Responsible Investment principles (RI). The Group feels that it is its moral duty as an active asset manager for policyholders who have entrusted their funds to HDFC Life to deliver maximum risk adjusted returns in the long run.

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This goal can be achieved by using the RI approach to investment decisions, which comprises core stewardship principles and consideration of environmental, social, and governance (ESG) considerations in addition to financial parameters and prospects. This approach is in line with HDFC Life’s vision of long-term growth. The company presently has about Rs. 2 lakh crores in assets under management.

PRI

PRI, or Principles for Responsible Investment, was founded in 2005 by the then-United Nations Secretary-General and a group of some of the world’s largest institutional investors. It is the world’s leading proponent of responsible investment.

It aims to better understand the investment implications of environmental, social, and governance (ESG) factors and to assist its global network of investor signatories in incorporating these factors into their investment and ownership decisions. They currently have over 4,000 signatories from over 60 countries, representing assets worth over USD 120 trillion.

HDFC Life

HDFC Life Insurance Corporation Limited is a joint venture between ABRDN 2006 Limited (a Mauritius firm) , a worldwide investment company, and HDFC Ltd., India’s premier housing financing organisation.

HDFC Life, a leading, publicly traded long-term life insurance solutions provider in India, was founded in 2000 and offers a variety of individual and group insurance solutions to address a variety of consumer needs, including protection, pension, savings, investment, annuity, and health. The Company’s portfolio included 39 individual and 13 group products, as well as 7 optional rider benefits, as of March 31, 2022, to meet a wide range of consumer needs.

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• Managing Director and Chief Executive Officer of HDFC Life: Vibha Padalkar

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