HDFC Life files BRSR for FY 2025-26
HDFC Life Insurance Company Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26, disclosing an MSCI ESG rating of 'AA' and a total workforce of 38,894 employees. The report highlights an improvement in women's representation to 28.7% and details environmental initiatives including the consumption of 553.7 MWh of renewable energy and the recycling of significant waste tonnage.

*this image is generated using AI for illustrative purposes only.
HDFC Life Insurance Company Limited filed its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 with the exchanges. The filing, submitted by Nagesh Pai, Company Secretary & Compliance Officer, includes an Independent Practitioners’ Reasonable Assurance Report on the BRSR Core Indicators provided by M/s G.M. Kapadia & Co. The report forms part of the Integrated Annual Report for FY 2026.
The company reported an MSCI ESG rating of 'AA', an S&P Global score of 50, and a 'Low Risk' rating from Sustainalytics for the financial year. Governance oversight is managed by the Board CSR & ESG Committee, supported by the Risk Management Committee and the ESG Management Committee. Niraj Shah, Executive Director & Chief Financial Officer, is responsible for the implementation and oversight of the Business Responsibility policy.
Operational and Employee Metrics
HDFC Life reported a total workforce of 38,894 employees, comprising 27,667 male and 11,227 female employees. Women’s representation improved to 28.7% in FY 2025-26, up from 28.2% in FY 2024-25. The company insured 5,679,523 social lives and 347,420 rural lives during the year. The turnover rate for permanent employees stood at 43.7% for FY 2025-26, compared to 45.1% in the previous year.
| Metric | FY 2025-26 |
|---|---|
| Total Employees | 38,894 |
| Female Workforce (%) | 28.7 |
| Permanent Employees | 38,291 |
| Differently Abled Employees | 24 |
Environmental Performance
The company consumed 553.7 MWh of renewable energy during FY 2025-26. Waste management initiatives resulted in the disposal and recycling of 91.2 tonnes of battery waste, 5.4 tonnes of e-waste, 12 tonnes of paper waste, and 0.05 tonnes of plastic waste. The company’s GHG inventory covers Scope 1 and 2 emissions, along with select Scope 3 categories, aligning disclosures with TCFD recommendations.
| Waste Category | Quantity (Tonnes) |
|---|---|
| Battery Waste | 91.2 |
| E-waste | 5.4 |
| Paper Waste | 12 |
| Plastic Waste | 0.05 |
Stakeholder Grievances
The company reported 6,294 customer complaints during FY 2025-26, all of which were resolved by the end of the year. Employee grievances totaled 108, with 18 pending resolution at the close of the year. The company received 13 shareholder complaints, all of which were resolved. No complaints were reported from communities, investors, or value chain partners.
Historical Stock Returns for HDFC Life Insurance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.06% | +0.63% | -5.05% | -22.49% | -24.91% | -18.64% |
How does HDFC Life plan to further reduce its high employee turnover rate of 43.7% in the coming fiscal year?
What specific targets has the company set to increase the share of renewable energy consumption beyond the current 553.7 MWh?
Will the company expand its GHG inventory to cover all Scope 3 categories to enhance its TCFD alignment?

































