Only Indian Bank recognized for the award since 1991
Delhi, July 11, 2014:YES BANK, India’s fourth largest private sector Bank was awarded the “Golden Peacock Environment Management Award - 2014” in the Banking (financial) Category at the 16th World Congress on Environment Management. Organized by Institute of Directors (IOD), YES BANK is the only bank to win this prestigious award in the history of the Golden Peacock Environment Management Award.
Speaking on this recognition, Mr. Rana Kapoor, MD and CEO, YES BANK, said, "It is an honour to be the first bank in India to win this coveted recognition. This recognition is important as banking sector as the largest intermediary in the economy plays a crucial role in enabling environment management. Since inception, YES BANK has been at the forefront of mainstreaming environmental sustainability, leadership on climate change and renewable energy and value creation through solutions for the under-banked and unbanked. We certainly hope awards like these will help evangelize sustainability and environment management in the entire banking sector”.
YES BANK’s Responsible Banking ethos has received national as well as international recognition for its best practices in Corporate Social Responsibility and Sustainable Development. Commenting on this achievement, Ms. Namita Vikas, Chief Sustainability Officer, YES BANK said, “YES BANK is highly committed to sustainable development in India. As YES BANK completes 10 years of sustained institutional excellence, we take significant pride in achieving a sustainability leadership position, thereby reinforcing our collective efforts towards realizing our Vision of becoming the Benchmark INDIAN Financial Institution for Sustainability”.
For its commitment to sustainable development and responsible banking, this is the second year running that YES BANK has been recognized by the Golden Peacock Global Award, having won for ‘CSR’ in 2013 and ‘Sustainability’ in 2012, at the London Global Convention. More recently YES BANK was conferred the ‘Outstanding Sustainable Project Financing’ at Karlsruhe Sustainable Finance Award in Germany and a commendation certificate for significant achievement at CII ITC Sustainability Award 2013.
About Golden Peacock Awards
The Golden Peacock Environment Management Awards were instituted in 1998 by the Institute of Directors, and recognize Indian organizations that demonstrate integration of best environmental management practices into their organizational operations to achieve world class stature in environmental sustainability.
The Award received over 473 responses which were shortlisted after a rigorous 3 tier assessment process done by an eminent jury of Environment, Health and Safety and Human Resources Management experts headed by former Chief Justice of India, Justice P.N. Bhagwati.
About YES BANK LIMITED
YES BANK, India’s fourth largest private sector Bank, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and his top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the Future Businesses of India.
YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers. YES BANK has a knowledge driven approach to banking, and a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the vision of “Building the Best Quality Bank of the World in India”.
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