SUSTAINABILITY IN OPERATIONS
YES BANK continually strives to reduce its environmental footprint
Sustainability in Operations
Establishing a framework to recognize, evaluate, monitor and manage the environmental and social facets in day-to-day decision-making process has assumed critical importance for banks. It has become imperative for banks to consider the triple-bottom-line approach in making credit decisions.
In line with its Responsible Banking strategy and practices, YES BANK takes a holistic risk management approach through consideration of environmental and social impacts of its lending activities. YES BANK, since 2006, has implemented an Environment and Social Policy through which, the Bank integrates environmental and social risks into its overall credit risk assessment framework. The Bank has voluntarily adopted this policy which is based on international frameworks such as the Equator Principles and IFC guidelines.
First bank globally to migrate to the latest environment management system
In 2017, YES BANK successfully completed ISO 14001:2015 recertification for 444 metro urban branch locations by implementing the globally recognized Environmental Management System. With this, YES BANK continues to set a benchmark in the industry for environmental sustainability.
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