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Yes Bank Felicitated with Karlsruhe Sustainable Finance Award For Outstanding Sustainability

by India CSR Network
7 years ago
in More

Yes-BankIndiaCSR News Network

MUMBAI: YES BANK has been awarded with prestigious Karlsruhe Sustainable Finance Awards, in the ‘Outstanding Business Sustainability Achievement’ category.

These awards have been instituted by the European Organization for Sustainable Development, the City of Karlsruhe, Germany and the Association of Development Financing Institutions in Asia and the Pacific and were presented at the Global Sustainable Finance Conference 2015.

YES BANK was adjudged the winner for its outstanding success in incorporating sustainability within its corporate strategy and business processes. Namita Vikas, Senior President and Country Head – Responsible Banking, received the award on behalf of YES BANK from the first mayor of Karlsruhe Margret Mergen.

While the Award was being presented, Arshad Rab, CEO of the European Organization for Sustainable Development said “Congratulations to the Management, employees and the shareholders of YES BANK for receiving the Karlsruhe Sustainable Finance Awards 2015.

IndiaCSR Awards Logo (2)The achievement is indeed highly commendable, particularly because YES BANK is the only financial institution so far to receive this recognition third time in a row. We wish the team of YES BANK every success and hope that their commitment to sustainability will continue.”

On receiving this award, Rana Kapoor, Managing Director & CEO, YES BANK said “YES BANK has set a new benchmark in spearheading sustainability and this award is a true demonstration of the Bank’s commitment to sound sustainability practices.

Being recognized by an eminent jury of our peers in the financial sector is an endorsement of the Bank’s focus on sustainable finance. It is an honor to receive this award which further reinforces our commitment towards making sustainability the nucleus of our operations”

While receiving the award, Namita Vikas, Senior President and Country Head, YES BANK said “Sustainable Finance is a key pillar of growth at YES BANK. We believe, the Bank’s commitment to integrate innovative and sustainable practices along its value chain allows its’ clients to operate in a low carbon economy. It is a great honor to receive this award from such a reputed organization”

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For its commitment of mainstreaming sustainability, YES BANK won this award under the ‘Outstanding Business Sustainability Achievement’ category for two years now (2015 & 2013) and in the previous year the Bank has also won the award for the ‘Outstanding Sustainable Project Financing’ category.

(IndiaCSR is renowned and No.1 news portal in the domain of CSR, which is live since 2009. www.indiacsr.in is for you and your organization. IndiaCSR believes in uninterrupted generation and flow of information. We also believe in values and extending value based descriptions. IndiaCSR is mirroring what is happening around in the contemporary environment. We request you to support the initiative and promote it within your network. We welcome reactions to the stories, comments on issues that interest you, feedback & comments from your side to make it more purposeful and resourceful. Please send us your organization’s news, press releases, articles and contributions to editor@indiacsrnetwork.com. You can find updates at Facebook IndiaCSR News)

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India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium content, we invite you to subscribe it.

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