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Case study

YES BANK’s Promotion of Energy Efficiency and Occupational Health & Safety in the Indian MSME sector

YES BANK in line with its responsible banking ethos is committed to supporting the micro, small and medium enterprises (MSME) sector and providing it the much needed thrust to put it on a sustainable growth path. The Bank launched a first-of-its-kind CSR project to promote environmental sustainability through EE and OHS interventions including sensitization
Key points
  • The MSME sector in India has a huge potential of contributing to the country’s rapid industrial growth and realizing the ‘Make in India’ mission;
  • The Indian MSME sector has been behind the curve in adopting best practices in OHS and EE due to lack of management resources, technical skill sets, proficient resource management, resilient infrastructure or financial access;
  • The project has brought a positive change in MSME owners’ attitudes towards workplace safety at their units, thereby improving employee morale, operational efficiency, and overall productivity of the MSMEs.