Rana Kapoor, Managing Director & CEO, YES BANK said, “We are extremely proud to be the first and Only Indian Bank to be selected in the Dow Jones Sustainability Indices, in Emerging Markets Index, two years in a row. It is a testament to YES BANK’s continued emphasis towards creating a sustainable banking ecosystem that serves customers, clients, employees and communities better. As component of this prestigious global Index, we remain committed to evangelizing sustainability and environment management in the entire banking sector.”
The Emerging Markets Index for 2016 comprises of 95 companies from 14 emerging economies including China, Brazil, South Africa and Taiwan. 108 banks from emerging economies were invited to participate, of which YES BANK is the only Indian Bank to have been included.
This year, the world’s largest 3,400 companies from developed and emerging markets were invited to take part in its annual Corporate Sustainability Assessment (CSA). To be selected into the DJSI, YES BANK underwent a rigorous assessment on over 600 data points that include;
- Economic Dimensions such as Corporate Governance, Customer Relationship Management, Financial Stability and Systemic Risk, and Risk & Crisis Management
- Social Dimensions such as Corporate Citizenship and Philanthropy, Financial Inclusion, Human Capital Development, and Social Reporting
- Environmental Dimensions such as Climate Strategy, Environmental Policy & Management Systems, and Environmental Reporting
In line with its Responsible Banking ethos, YES BANK focuses on linking sustainable development with stakeholder value creation and benchmarks itself as a financial institution for inclusivity and sustainability in India. Its consecutive selection into the DJSI is a testimony to its efforts towards Sustainable banking for a Sustainable economy.