Dedicated to the cause of responsible banking, YES BANK gives back to the community
Economies, societies and environment are intrinsically linked, and challenges or risks in one sphere invariably impact the others. Hence, today’s business mindset needs to go beyond the business-as-usual approach to a more balanced one, with sustainable and innovative pathways balancing aspirations, practicality and risks. Whilst global challenges need collective action, they also need ‘glocalized’ responses (global solutions in the local context).
YES BANK, since inception in 2004, through its ‘Responsible Banking’ ethos has believed in creating sustained value for its stakeholders, through social, economic and environmental dimensions. Integrated with core business strategy, Responsible Banking steers the sustainable development agenda at YES BANK through its pathways of Social & Developmental Impact, Climate Action, and Transparency & Disclosures.
YES BANK leads the sector in its effort to mainstream Responsible Banking and sustainability. It is the only Bank to rank amongst the top 30 Responsible Businesses listed in ‘India’s Top Companies for Sustainability and CSR 2018’ (a study by IIM–Udaipur & Futurescape Netcoms). Highlighting its leadership position on Environmental, Social and Governance (ESG) performance, YES BANK is also the only Indian Bank to be selected in the Vigeo Eiris Best Emerging Market Performers Ranking, an independent international ESG ratings provider, for the second consecutive year. The Bank was also the only Indian bank to be accorded ‘Prime’ status by OEKOM AG, a leading ESG ratings agency in Europe & was the only Indian Bank to be selected in Dow Jones Sustainability Indices (DJSI) in the emerging market index.
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