Yes Bank, a customer centric and service driven Bank recently received ISO 14001:2015 Certification for the seventh year in a row for its 732 facilities. Yes Bank now has the highest number of ISO 14001 certified facilities for any entity in the Banking, Financial Services and Insurance (BFSI) sector, globally.
ISO 14001:2015 is a globally recognized standard developed by the International Organization for Standards (ISO) that sets out the criteria for an Environmental Management System (EMS). The EMS of Yes Bank is geared towards greening operations and towards enhancing its environmental performance.
YES BANK has adopted an Environmental Management Policy aimed at reducing its carbon emissions intensity by 10% year-on-year. The certification highlights the Bank’s efforts at reducing the use of paper, enhancing energy efficiency, recycling waste, mitigating environmental risk, and integrating environmental sustainability into its operations.
The Bank was also recently rated A- (Leadership Band) by CDP, for its 2019 Climate Change disclosures, surpassing the averages for the Financial Services and the Asia Region, which stand at ‘C’. YES BANK is also rated A- (Leadership Band) in the 2019 Supplier Engagement Rating by CDP.
Speaking on the announcement, Ms. Namita Vikas, Senior Group President & Global Head, Climate Strategy & Responsible Banking, YES BANK, said, “The seven year ISO journey towards environmental sustainability has been a collective effort with a strong commitment, towards environmental performance, from the leadership and employees across the Bank.”
In 2014, YES BANK had become the first Bank in India to receive the ISO 14001:2004 Certification and in 2017, it became the first Bank, globally to migrate to the ISO 14001:2015 standard for its Environmental Management System.