Sustainable Operations

  • The Bank aims to expand its ESG footprint in its operations.
  1. Sustainability at IndusInd Bank
  2. Sustainable Operations

Greening the bank

Green branch initiative: Currently, there are three LEED Certified branches/offices

Pioneer branches: On-site work related to Gold LEED Certification has been completed and the data is being monitored. Once successful, all seven branches will undergo LEED certification.

GHG emissions: A detailed system has been put in place for the calculation of carbon emissions intensity of the Bank i.e. for every Rupee made, how much carbon has been emitted. The Bank has also taken an aggressive target of reducing its carbon intensity by 50% from the Base line.

Sustainable procurement practices: Vendor for technology services, equipment & manpower, assessed and evaluated on Environment linked criteria such as Greenhouse Gas (GHG) Emissions and Energy Usage, Water Management, Waste Management and ESG compliance. Facilitated through:

  • Formalized Sustainable Procurement Policy and Supplier Code of Conduct.
  • Supplier Engagement by IBL, assessments and audit though third party and by seeking ESG linked declarations.

Virtual Meetings: Promoting the concept of online meetings, which has resulted in a decrease in business travel emissions.

Fostering A Diverse and Inclusive Workforce

To build a diverse and inclusive work force a detailed benchmarking exercise was presented to the CSR and Sustainability Committee of the Board. Achievements - 

  • Women in work force increased in FY22 to 18.64% and target: 22% by FY23
  • 2 Women Board Directors, 1.2% in top management
  • 25 Specially-abled permanent employees & additional 10 neurologically diverse employees to be appointed in BUs to enhance diversity and inclusion in the workforce

Enhancing The Bank’s ESG Profile

The Bank aims at interlinking its strategic focus areas with its sustainability commitments, to emerge as a responsible organisation. The Bank has been publishing the Integrated Report for five years, which aims to communicate how the Bank's Strategy, Governance, Performance and Prospects create value over time. The value creation story of the Bank articulated in the Integrated Report has been prepared on voluntary basis in adherence to SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2017/10 dated February 6, 2017. As a green initiative, the Bank has hosted the latest ‘Integrated Report’ on its website at https://www.indusind.com/in/en/sustainability.html