On Impact Investing:
Anjalee Tarapore, General Manager & Business Responsibility Officer, HDFC limited, speaks to Force for Good on how the business of providing housing at scale in India is a high social impact endeavour
“We have had 45 years in the housing finance industry … we believe that our core business itself fulfils a huge social objective
At HDFC, sustainability does not sit outside in a separate bucket, it is core and embedded in every core function in the organisation
Some estimates put the housing shortfall in India at 40 million units
… so we look at sustainability or ESG as nothing but a simple narrative of what we do each day at HDFC”
General Manager & Business Responsibility Officer, HDFC Limited
HDFC’s approach to sustainability being fully embedded in the business
The role of India’s public digital network in inclusion and creating the success factors for high performance
The importance of regulation in helping to drive standards
How HDFC takes an ‘ecosystem’ approach
Inclusion of low income, women, first time nuyers, rural populations
...and much more
Anjalee Tarapore is Senior General Manager at HDFC Limited. Anjalee is also the Business Responsibility Officer of HDFC.
Anjalee has been with the Housing Development Finance Corporation Limited (HDFC) since 1997. She is a Senior General Manager, with leadership responsibilities for Investor Relations and Management Services.
Her work involves macro-economic analysis and applying experience and analytics on housing finance and Environmental, Social and Governance (ESG) issues. Anjalee has assisted high level committees constituted by the Government of India on affordable housing and infrastructure finance. She is a member of the Confederation of Indian Industry National Council on Corporate Governance and its sub-group on ESG.
HDFC is a leading provider of Housing Finance in India. HDFC’s primary objective is to enhance the residential housing stock in the country through the provision of Housing Finance in a systematic and professional manner, and to promote home ownership. The aim is to increase the flow of resources to the housing sector by integrating the housing finance sector with the overall domestic financial markets. HDFC pioneered Housing Finance in 1977. It believes it is a model private Housing Finance Company for developing countries with nascent Housing Finance markets. HDFC has undertaken several consultancy assignments in housing finance in various countries across Asia, Africa and East Europe. HDFC’s core values are trust, integrity, transparency and professional service.
Force for Good is an impact-driven institution focused on transforming capitalism for a sustainable and resilient future. The organization seeks to influence the deployment of capital to address major global issues and opportunities in this regard. Force for Good engages key stakeholders, conducts research, publishes thought leadership and has an active outreach program to major global financial institutions as well as development banks, NGOs, and other stakeholders with the potential to act as a force for good in the world. It works with major institutions to accelerate their efforts to tackle increasingly complex and interrelated challenges like climate change, social inclusion, and sustainable development in the spirit of encouraging collaboration and spurring a race to the top in making an impact for good in the world.