3rd Year in a row: S&P Global and CDP rate YES BANK highest- amongst Indian Banks for ESG and climate disclosures

Only Indian bank included in the S&P Global Sustainability Yearbook 2025

· Highest S&P Global CSA & ESG Scores amongst Indian banks

· Retains A- Leadership Band rating in Climate Change disclosures by CDP

Mumbai, February 24, 2025: YES BANK continues to demonstrate top-tier sustainability performance, emerging for the third consecutive year as India’s highest-rated Bank by both, the S&P Global Corporate Sustainability Assessment (CSA) 2024 and the Carbon Disclosure Project (CDP). With a score of 72 out of 100 on the S&P Global CSA, YES BANK is the only Indian Bank to feature in the S&P Global Sustainability Yearbook 2025 – securing a place among the top 15% Global Banking Leaders. YES BANK has also retained its A- (Leadership Band) rating by CDP, underlining its robust climate change strategy and disclosures.

S&P GLOBAL RECOGNITION

Highest CSA Score among Indian Banks: YES BANK’s CSA score of 72 (and ESG score of 73) reaffirms its leadership in environmental, social, and governance practices.
Yearbook Inclusion: Out of over 7,690 companies assessed globally, only 780 top-performing organisations are included in the S&P Global Sustainability Yearbook 2025. YES BANK stands out as the only Indian Bank among 51 high-scoring Indian companies to earn this distinction.
The CSA examines up to 1,000 data points covering various ESG factors such as Climate Strategy, Operational Eco-Efficiency, Financial Inclusion, Human Capital Development, Human Rights, Corporate Governance, and Risk Management.

CDP A- LEADERSHIP RATING

Retaining Leadership Band: YES BANK continues its leadership performance in Climate Change category with an A- score in the 2024 CDP assessment.
Globally Benchmarked: Over 22,000 organisations were evaluated in 2024, with CDP benchmarking entities on 17 key parameters, including Strategy, Governance, Risk Management, Targets, and Opportunities. YES BANK achieved leadership level in 11 of these 17 parameters.
Mr. Niranjan Banodkar, Group CFO – YES BANK, said “At YES BANK, we strive to integrate ESG values into our daily operations guided by a robust ESG strategy. We are resolute in our commitment towards building resilience against ESG Risks and capitalising on sustainable finance opportunities. As we continue to progress in our ESG journey, we remain steadfast in our ambition to build a resilient and equitable future while maintaining the highest standards of governance.”

FURTHER ESG DISTINCTIONS

FTSE4Good Index Series: Included for the second consecutive year (2024)
ISS ESG ‘Prime’ Status: YES BANK remains the only Indian Bank with this rating, reflecting superior sustainability performance.
KEY SUSTAINABILITY HIGHLIGHTS

· Net-Zero Operations by 2030: Committed to reducing its Scope 1 and Scope 2 emissions to net-zero by 2030.

· Financed Emissions Reporting: First Indian Bank to disclose financed emissions for its electricity generation loan exposure, aligning targets with a well-below 2°C decarbonization scenario.

· Financial Inclusion: 6.56 lakh active women customers in rural India under the Bank’s flagship group-lending programme, YES LEAP

· Culture of Excellence: Certified as a Great Place to Work® for three consecutive years.

· Robust Governance: Board-level CSR and ESG Committee ensures comprehensive oversight of sustainability and climate considerations.