HDFC Life Secures ‘Leadership’ Position in the Indian Corporate Governance Scorecard 2023

HDFC Life, one of India’s leading life insurers, has secured the ‘Leadership’ category in the Indian Corporate Governance Scorecard Assessment 2023 undertaken as on 31 December 2023, by the Institutional Investor Advisory Services (IiAS). This is the third straight year that HDFC Life has been featured in this esteemed list.

HDFC Life has secured the ‘Leadership’ category in the Indian Corporate Governance Scorecard 2023

HDFC Life’s score is an outcome of the annual assessment of the S&P BSE 100 companies on the Indian Corporate Governance Scorecard framework. The Indian Corporate Governance Scorecard framework was developed jointly by IFC, BSE, and IiAS and is based on the G20/OECD Principles of Corporate Governance. It has been in use since 2015.

Speaking on this, Narendra Gangan – General Counsel, Chief Compliance Officer & Company Secretary – HDFC Life, said, “We are honoured and humbled to have once again featured in the prestigious Leadership list of Indian Corporate Governance Scorecard. We at HDFC Life believe that this is an outcome of our continued efforts towards upholding the highest standards of Corporate Governance. We remain firmly committed to Environmental, Social and Governance (ESG) aspects. It is our constant endeavour to deliver value to all our stakeholders. As we progress in our journey to Insure India, we will stay true to our promise of maintaining transparency and upholding the trust that we have built over the years.”