- Technological transition in the loan origination system for microfinance led to system constraints impacting client accretion and retention, resulting in lower than expected women beneficiaries and disbursements.
YES BANK
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Renewable Energy
12.31%
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022-04 to 2023-03 | 41.0K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced emission intensity (per rupee of turnover) by 19.55% from the previous year.
- Increased share of renewable electricity in the Bank’s electricity mix to 12.31%, resulting in approximately 5254.95 tCO2e in avoided emissions.
- Successfully enhanced the number of ISO 14001:2015 certified facilities to 1,186 branches.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve 25% gender diversity by FY 2024-25
📅 Medium-term
- Reduce the financed emission intensity of its electricity generation portfolio by at least 50%, striving for 75% reduction by FY 2031-32.
- Realize a 20% YoY increase in the number of women beneficiaries till FY 2025-26.
- Achieve a 25% YoY increase in annual disbursements to women microfinance borrowers till FY 2025-26.
🔭 Long-term
- Achieve net-zero emissions (scope 1 and scope 2) by 2030.
🌱 ESG Focus Areas
Climate ChangeFinancial InclusionEnvironmental ManagementGender DiversityGovernance and DisclosuresStakeholder Engagement