Continues to be the first bank in India to get ISO 14001:2004 certificate- world’s leading environment management system, Certification endorses YES BANK’s commitment towards environment sustainability
IndiaCSR News Network
In 2014, it became the first bank in India to qualify for ISO 14001:2004 Certification, and with this recognition, remains the only bank in India to be certified under the world’s leading environmental management system. This would further strengthen and streamline the bank’s measurement and reporting framework on its carbon footprint, a step forward towards mitigating climate change.
Through its 10 years of existence, YES BANK has worked towards optimizing its resource footprint, and has been a front runner in adopting strategies and frameworks endorsing responsible operations. The ISO 14001:2004 Certification is an international endorsement towards environmental management and would serve as a practical toolbox to assist implementation of sustainable development actions.
The certification has been awarded by Bureau Veritas, a global leader in conformity assessment and certification services. Bureau Veritas, post a rigorous audit, confirmed that YES BANK has firmly embedded environmental considerations in all its operations to efficiently manage its environmental and operational risks.
Rana Kapoor, Managing Director & CEO, YES BANK, on this significant moment said “We are extremely pleased to receive the ISO 14001:2004 certification for 79 locations. This is a strong endorsement of YES BANK’s sustainability leadership and underlines our commitment to weave sustainability principles into our core business strategy and processes. We remain steadfast in our journey towards responsible corporate citizenship and this is a step in the right direction towards mitigating the impact of our operations on the environment”
Namita Vikas, Senior President and Chief Sustainability Officer, YES BANK said, “The continual improvement that this certification brings to our processes and procedures not only helps us achieve and monitor our targets but is also perfectly aligned with our stated objective of using the triple bottom line approach as a measure of our performance. This recognition will give us encouragement to further scale up our efforts towards getting all our locations ISO 14001 certified.”
The ISO 14001:2004 is a voluntary standard developed by the International Organization for Standards (ISO) that sets out the criteria for an environmental management system (EMS). An ISO 14001:2004 provides assurance to company management, employees and external stakeholders that environmental impact is being monitored and measured in an organization.
YES BANK, India’s fifth largest private sector Bank with a pan India presence across all 29 states and 7 Union Territories of India, headquartered in the Lower Parel Innovation District (LPID) of Mumbai, is the outcome of the professional & entrepreneurial commitment of its Founder Rana Kapoor and its top management team, to establish a high quality, customer centric, service driven, private Indian Bank catering to the future businesses of India. YES BANK has adopted international best practices, the highest standards of service quality and operational excellence, and offers comprehensive banking and financial solutions to all its valued customers.
YES BANK has a knowledge driven approach to banking, and offers a superior customer experience for its retail, corporate and emerging corporate banking clients. YES BANK is steadily evolving as the Professionals’ Bank of India with the long term mission of “Building the Finest Bank of the World in India” by 2020.
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