A Security Exchange Board of India (SEBI) registered Environment Social Governance (ESG) Rating Provider, ESG Risk Assessments & Insights Limited has assigned YES BANK an Environmental, Social, and Governance (ESG) Rating of 67.44 based on the Bank’s data pertaining to FY 2022-23.
“We further inform that Yes Bank has not engaged ESG Risk Assessments & Insights Limited for ESG Ratings. The ERP has independently prepared the report based on public disclosures of the Bank pertaining to FY 2022-23,” Yes Bank said in an exchange filing.
Yes Bank publishes comprehensive ESG disclosures that are in accordance with the requirements of SEBI’s Business Responsibility & Sustainability Reporting (BRSR) & BRSR Core Framework, GRI Sustainability Reporting Standards (GRI Standards), and the IIRC’s International Integrated Reporting Framework.
The Bank also publishes enhanced disclosures aligned to the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations and CDP, and UNEP FI’s Principles for Responsible Banking.
The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
