Rana Kapoor felicitated with the ‘Sustainability Leader of the Year’ Award
Awarded for his exceptional leadership in driving the business performance of YES BANK, through creating social & environmental value
Delhi, July 13, 2018: Rana Kapoor, MD & CEO, YES BANK, has been recognised with ‘Sustainability Leader of the Year’ Award at the Karlsruhe Sustainable Finance Awards 2018. The award is a testimony of Mr. Kapoor’s exceptional leadership in driving the business performance of YES BANK, through creating social & environmental value. This is the 6th consecutive year that YES BANK has been recognized at the Global Sustainable Finance Conference, Karlsruhe, Germany.
Speaking on the recognition, Rana Kapoor, MD & CEO, YES BANK said, “With Responsible Banking as a key brand pillar, YES BANK has always believed that high performance in sustainability coupled with transparency and governance are key enablers for climate action and overall green growth. It is an honour to receive this award which further reinforces our commitment towards making sustainability the core of our operations.”
Since inception, YES BANK, under Mr. Kapoor’s visionary guidance, has been at the forefront of mainstreaming sustainable finance, leading climate action, and value creation through solutions for the under-banked and unbanked population in India. Reinforcing its commitment to mainstream sustainable finance, the Bank launched India’s first-ever green fixed-deposit on 5th June, 2018, on the occasion of World Environment Day. For every investment made to this ‘Green Future: Deposit’, YES BANK will earmark equivalent proceeds towards sectors aligned with Sustainable Development Goals (SDGs), which contribute to India’s growth-agenda.
Commensurate with its Responsible Banking ethos, YES BANK is the first and only Indian bank to be selected in all major global sustainability benchmarking indexes in 2017, including Dow Jones Sustainability Index (DJSI) - Emerging Markets, MSCI ACWI ESG Leaders & SRI Indexes and the FTSE4Good Emerging Index.
About GSFN-Karlsruhe Sustainable Finance Awards
The Global Sustainable Finance Conference (GSFC), which is being held annually since 2011, is the premier and distinctive international platform for proposing practical measures for the sustainable transformation of financial institutions. It was initiated under the auspices of the World Federation of Development Finance Institutions and was endorsed by the United Nations Environment Programme - Financial Institutions (UNEP FI).
The Karlsruhe Sustainable Finance Awards is given by the European Organization for Sustainable Development (EOSD), the City of Karlsruhe, Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and the Association of African Development Finance Institutions (AADFI).
About YES BANK
YES BANK is a ‘Full Service Commercial Bank’ providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients.
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 8 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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