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BW Businessworld

YES BANK Receives ISO 14001:2004 Certification For 79 Locations

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YES BANK, India’s fifth largest private sector bank, has successfully completed ISO 14001 certification for 79 of its locations including all major branches and 3 corporate offices. 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.

Rana Kapoor, Managing Director & CEO, YES BANK, on this significant moment said, “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.”

Through its 10 years of existence, YES BANK has worked towards optimising 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.

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 organisation.