Profitability & Capital Adequacy Presentation
Section 13: Progress on ESG
ESG Commitments, Ratings and Governance
•
ESG Commitments
FY 2023 annual disclosures published through the Bank's first Integrated
Report, aligned with Int'l IR framework, GRI and SASB
Official Participant of United Nations Global Compact (UNGC)
One of the initial official supporters of Task Force on Climate-Related
Financial Disclosures (TCFD) in the Indian Banking sector
ESG Ratings
Sustainalytics
MSCI
26.6
2023
2023
A
Lower is better
↑
↑
2022
38.3
2021
BBB
Refinitiv
★
CRISIL
DJSI
2022
60 (B)
2022
66 (B)
2022
44
Started 2022
↑
2021
50 (B-)
2021
2021
19
e
H
ESG Governance
Structure
Board Level Committee
• Board Committee: Stakeholders Relationship, ESG and
Customer
Chaired by an
Service Committee
Independent Board member
Management Level Committee
⚫Chaired by MD & CEO
• Drives the strategic integration of sustainability within
the Bank
• Constitutes executive members including heads of Group
functions
Steering Committee and Working Group
• Specific
working groups with cross-functional
composition and expertise responsible for delivering on
the ESG agenda
Facilitated by a dedicated ESG team
82
IDFC FIRST
BankView entire presentation