London/New Delhi, October 25, 2016: YES BANK India’s fifth largest private sector Bank, has won the prestigious ‘Golden Peacock Award for Sustainability, 2016’, for its nature, scope, and effectiveness of social and economic dimension of sustainability programs and practices, at the Institute of Director’s 16th London Global Convention on Corporate Governance and Sustainability held in London.
The award was presented by Mr. Stephen Haddrill, Chief Executive, Financial Reporting Council, UK and Baroness Sandip Verma, Global Chairperson-Advisory Council, Institute of Directors, India and Chairperson, European External Affairs Committee to Mr. Aseem Gandhi, Senior President and Head, YES Accelerator, YES BANK.
The Golden Peacock Awards, instituted by the Institute of Directors, India in 1991, are regarded as a benchmark of Corporate Excellence worldwide. The Golden Peacock Awards Secretariat receives over 1,000 entries per year for various National and Global awards, from India and over 25 countries worldwide. Justice M. N. Venkatachaliah, former Chief Justice of India, is the Chairman Emeritus of Golden Peacock Awards. The Award Scheme for Sustainability has been instituted to encourage initiatives in promoting sustainable development.
YES BANK was presented the award on account of its exemplary performance for stakeholder engagement and communication in addressing the economic dimension of sustainability concerns and impact of infrastructure investments and services provided, primarily for public benefit through commercial, in kind, or pro bono engagement.
Commenting on this achievement, Mr. Rana Kapoor, MD & CEO, YES BANK and Chairman, YES Institute said, “YES BANK is honoured to receive this global award from Institute of Directors. This is a significant affirmation of our uncompromising commitment towards mainstreaming social and environmental sustainability by working with all stakeholders, including corporate peers, Governments and communities, to achieve deep social impact and drive India’s global engagement on sustainable development.”
Ms. Namita Vikas, Group President & Managing Director, Climate Strategy & Responsible Banking, said, “This recognition of YES BANK as a corporate sustainability leader is a result of its aligned sustainability strategy with corporate strategy. Through integration of wider economic, social and environmental parameters into business decisions, the Bank has evolved with a 360 degree approach which is sustainable. With strong governance, collaboration with multi-sectoral partnerships and highest reporting standards, the Bank is constantly creating value for its stakeholders and delivering maximum impact on Sustainable Development.”
About YES BANK
YES BANK, India’s fourth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its 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 offers 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 long term mission of “BUILDING THE FINEST QUALITY LARGE BANK OF THE WORLD IN INDIA”.
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