- Continues to be the first bank in India to get ISO 14001:2004 certificate- world’s leading environment management system
- Certification endorses YES BANK’s commitment towards environment sustainability
Mumbai, JUNE 10, 2015: YES BANK, India’s fifth largest private sector bank, has successfully completed ISO 14001 certification for 79 of its locations including all major branches and 3 corporate offices. In 2014, it became the first bank in India to qualify for ISO 14001:2004 Certification, and with this recognition, remains the only bank in India to be certified under the world’s leading environmental management system. This would further strengthen and streamline the bank’s measurement and reporting framework on its carbon footprint, a step forward towards mitigating climate change.
Through its 10 years of existence, YES BANK has worked towards optimizing its resource footprint, and has been a front runner in adopting strategies and frameworks endorsing responsible operations. The ISO 14001:2004 Certification is an international endorsement towards environmental management and would serve as a practical toolbox to assist implementation of sustainable development actions.
The certification has been awarded by Bureau Veritas, a global leader in conformity assessment and certification services. Bureau Veritas, post a rigorous audit, confirmed that YES BANK has firmly embedded environmental considerations in all its operations to efficiently manage its environmental and operational risks.
Mr. Rana Kapoor, Managing Director & CEO, YES BANK, on this significant moment said, “We are extremely pleased to receive the ISO 14001:2004 certification for 79 locations. This is a strong endorsement of YES BANK’s sustainability leadership and underlines our commitment to weave sustainability principles into our core business strategy and processes. We remain steadfast in our journey towards responsible corporate citizenship and this is a step in the right direction towards mitigating the impact of our operations on the environment.”
Ms. Namita Vikas, Senior President and Chief Sustainability Officer, YES BANK said, “The continual improvement that this certification brings to our processes and procedures not only helps us achieve and monitor our targets but is also perfectly aligned with our stated objective of using the triple bottom line approach as a measure of our performance. This recognition will give us encouragement to further scale up our efforts towards getting all our locations ISO 14001 certified.”
About ISO 14001:2004
The ISO 14001:2004 is a voluntary standard developed by the International Organization for Standards (ISO) that sets out the criteria for an environmental management system (EMS). An ISO 14001:2004 provides assurance to company management, employees and external stakeholders that environmental impact is being monitored and measured in an organization.
About YES BANK
YES BANK, India’s fourth largest private sector bank is a high quality, customer centric and service driven Bank. Since inception in 2004, YES BANK has grown into a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to corporate, MSME & retail customers. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES and its Mutual Fund business through YES Asset Management (India) Limited, both wholly owned subsidiaries of the Bank. Headquartered in Mumbai, it has a pan-India presence across all 28 states and 9 Union Territories in India including an IBU at GIFT City, and a Representative Office in Abu Dhabi.
For more information, please visit the Bank’s website at http://www.yesbank.in/
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