Yes Bank Earns Highest Sustainability Rank Again

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Image credit - Current Affairs - Adda247

Despite being besieged by troubles in recent years, Yes Bank has emerged as India’s highest-rated bank in sustainability for the third consecutive year. As per the S&P Global Corporate Sustainability Assessment (CSA) 2024 and the Carbon Disclosure Project (CDP), the bank got a CSA score of 72/100. It is the only Indian bank among 780 global firms, out of 7,690 assessed.

Yes Bank is the only Indian bank featured in the S&P Global Sustainability Yearbook 2025, which recognises the top 15% of global banking leaders based on ESG performance. The bank has also retained its A- (Leadership Band) rating from CDP, highlighting its strong climate risk management and disclosure practices.

CSA evaluated up to 1,000 ESG indicators, including climate strategy, financial inclusion, human capital development and corporate governance

CDP Leadership Rating. The bank ranked at leadership level in 11 out of 17 key ESG parameters.

ISO 14001:2015 certified Environmental Management System

The Bank has adopted an Environmental Management Policy (EMP) which outlines its commitment to continuously benchmark and enhance its environmental performance, reduce impacts, fulfil its environmental obligations and support sustainable growth.

The Bank’s EMS has been certified ISO 14001:2015 compliant for 11 years in a row. YES BANK is the first Bank globally with an ISO 14001 certified EMS covering 1,186 facilities.

The Bank strives to align its business to the Paris Climate Agreement’s goal of limiting global temperature rise. In order to align with global net-zero pathways, the Bank has pledged to reduce GHG emissions from its operations to net zero by 2030. The Bank’s net-zero emissions target covers its absolute Scope 1 and Scope 2 to achieve its net-zero target. The Bank plans to migrate most of its key facilities to renewable energy.

Currently, three of the Bank’s offices, YES BANK House (Santacruz), YES Fintech Centre (Airoli) and Vaman Centre (Andheri), along with 43 of the Bank’s branches in Mumbai, have been switched to renewables. The Bank also aims to reduce its energy consumption by enhancing its energy efficiency. The Bank has completed its migration to light-emitting diode (LED) fixtures at all its facilities across India. The Bank is also in the process of switching to star-rated energy-efficient air conditioners and equipment in all its offices.

To achieve its net zero target, the Bank plans to migrate most of its key facilities to renewable energy. Currently, three of the Bank’s offices, YES BANK House (Santacruz), YES Fintech Centre (Airoli) and Vaman Centre (Andheri), along with 43 of the Bank’s branches in Mumbai, have been switched to renewables. The Bank also aims to reduce its energy consumption by enhancing its energy efficiency. The Bank has completed its migration to light-emitting diode (LED) fixtures at all its facilities across India. The Bank is also in the process of switching to star-rated energy-efficient air conditioners and equipment in all its offices.

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