Yes Bank, India’s 4th largest private sector Bank, in line with its continued focus on strengthening its reporting practices, is the first Indian Bank to release its Sustainability Report 2014, basis GRI G4 guidelines by the Global Reporting Initiative, the global standard for sustainability reporting.
The G4 guidelines by GRI encourage organizations to provide disclosures and indicators that are material to their business, on the basis of stakeholders’ dialogue and consultation. Sustainability reporting is a process of continual improvement and the bank has made the best effort to address all the material issues and concerns that are identified by its internal and external stakeholders.
Yes Bank’s sustainable development vision has been to ensure long term business success, by contributing towards economic and social development, a healthy environment and a stable society. The impact of this vision is comprehensively captured by reporting on environmental and social impacts that really matter, making the report very strategic, focused and credible.
