Yes Bank Ltd

Lobbying Governance

AI Extracted Evidence Snippet Source

Attach commitment or position statement(s)[…]CCCA commitment:-Yes Bank is a signatory to UNEP-FI collective commitment to climate action statement attached. As a part of the commitment , bank is committed to engage with governments, scenario providers and other relevant entities on the development of clear and feasible sector-specific roadmaps to reach well-below 2 and strive for 1.5 degrees Celsius for all relevant sectors and across different geographies.
Refer Pg-1 of PRB-Collective-Commitment-to-Climate-Action attachment.

Position Statement from Sustainability Report:- The Bank will engage with its stakeholders including clients, peer banks, regulators and Governments and climate scenario providers for accelerating low carbon transition. The Bank will leverage its association with global initiatives such as Partnership for Carbon Accounting Financials, UNEP FI Principles for Responsible Banking, Collective Commitment to Climate Action, Physical Risk and Resilience Commitment and Science Based Targets Initiatives, for developing forward-looking methodologies on climate assessment and integration.
Refer Pg 23 of Sustainability Report FY 2020-21

CDP Questionnaire Response 2022

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Climate change is pressing and unavoidable. YES BANK regards the climate action as a significant opportunity for financial intuitions to play a central role. The Bank continues to work with stakeholders, including policymakers, across the spectrum to develop frameworks and methodologies for addressing climate-related risks; build and share knowledge on green financing opportunities and mobilize finance and attention towards climate-aligned sectors. All these engagement opportunities are evaluated to check synergies and alignment with Bank's overall climate change strategy and commitments and internal approvals are taken for initiating engagements.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023