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Leading responsibly to a sustainable tomorrow 

As India’s largest private sector bank, we remain deeply committed to positively impacting the environment, our customers, employees, and the wider community through responsible and inclusive growth. Guided by our belief in shared prosperity, we undertake focused interventions across environmental, social and governance (ESG) priorities to create large-scale positive impact on the millions of lives we touch every day. The Bank has a robust, multi-tiered ESG governance structure to ensure that sustainability considerations are systematically embedded across the Bank’s operations, lending practices and reporting mechanisms.

ESG Focus areas

Steady progress across priorities

Good corporate governance remains at the heart of our ESG strategy. We have made steady progress across key performance indicators, which speaks volumes about our responsible actions and focused interventions.

 

Environment

  • Target to be carbon neutral by FY32
  • All new premises evaluated for IGBC certification, 2507 branches and offices certified as of March 31, 2025
  • Increased RE mix to 3.2% from 0.4% in the previous year
  • Enhanced assessment and disclosure of Financed Emissions
  • Sustainable Finance portfolio of 18.7%
  • ESG Risk Management Policy focusing on enhanced environmental and social due diligence for lending
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Social

  • Gender diversity target of 27% by FY27, we stand at 26% as of March 31, 2025
  • 2-tiered governance structure for Diversity, Equity & Inclusion –at the corporate & regional level
  • CSR initiatives cumulatively impacted over 100 million beneficiaries
  • People and work culture: Nurture, Care & Collaborate
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Governance

  • Commitment to principles of independence, accountability, responsibility, transparency and fair & timely disclosures

  • Diversified and skilled board 

  • Highest governance score of 1 by ISS, 2025

  • CSR & ESG Committee of Board oversee the ESG strategy along with the ESG Apex Council

Insurance

Driving ESG through Structured Governance Framework

The Corporate Social Responsibility and ESG (CSR & ESG) Committee of the Board, inter alia, provides strategic oversight to the Bank’s ESG agenda—reviewing our sustainability roadmap, monitoring progress against targets, and ensuring alignment with stakeholder expectations and approving key disclosures in alignment with applicable regulatory and voluntary reporting standards. At the executive level, ESG implementation is driven by the ESG Apex Council, comprising senior leadership from across critical business and enabling functions. The ESG Apex Council is supported by three working groups that are aligned with the key pillars of the Bank’s ESG agenda and are tasked with driving implementation, monitoring progress, and facilitating internal capacity building across departments.

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14 Jan 2026 Annual Report FY 2024-25
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13 Jan 2026 Annual Report FY 2023-24
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12 Jan 2026 Annual Report FY 2022-23
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11 Jan 2026 Annual Report FY 2021-22
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10 Jan 2026 Annual Report FY 2020-21
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09 Jan 2026 Annual Report FY 2019-20

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14 Jan 2026 Environmental Social & Governance (ESG) Policy Framework
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12 Jan 2026 Sustainable Finance Framework Policy Document
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11 Jan 2026 Second Party Opinion (SPO) on Sustainable Finance Framework
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10 Jan 2026 ​​Sustainable Finance Issuance - Independent third- party post-issuance assurance on the allocation of proceeds and impact reporting.
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09 Jan 2026 Diversity, Equity, Inclusion (DEI) Policy
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08 Jan 2026 Human Rights Statement