Key points
- Increased ESG disclosures and consistent performance in ESG Ratings (such as DJSI, FTSE4Good and MSCI), helps build trust and credibility for the Bank’s ESG performance, and in turn leads to improved investor confidence, profitability for the Bank and substantiates the business case for adopting Environment and Social Policy (ESP).
- Strong focus on ESG leads to improved employee productivity and mitigation of risks and maximizing ESG-based opportunities.
- Improved ESG performance leads to enhanced reputation as these ratings are an endorsement of the Bank’s 360 degree sustainability framework, and has helped the Bank attain a leadership position in sustainability domain in the Indian banking space.