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Rana Kapoor recognized as Sustainability Leader of the Year

Ahmedabad, July 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, 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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