1. YES BANK – Financing the Future
Namita Vikas,
Senior President & Chief Sustainability Officer,
YES BANK

2. India Story! India ranked 13 on climate Vulnerability Index
IPCC AR5 on India:
Agricultural sector would be hit worst
Rainfall puts millions of lives at stake
Adaptation, Mitigation and Resilience key
Currently India gearing up climate action:
Commitments to achieve 175 GW Renewable Energy by 2020
Deployment of Green Climate Fund

3. Ministries and multi-laterals
Climate Finance - Advocacy
Renewable Energy
Separate Sectoral limits
Inclusion in Priority Sector Lending
Exclusion from Single/Group borrower limits
Establishment of Sovereign Renewable Energy funds
Climate Finance Task force to increase Renewable energy investments
ESG
Voluntary Responsible Finance Guidelines for the Indian Banking industry
India Advisory Council of the UNEP Inquiry
Low carbon industry growth in India
E-waste management in India – The corporate imperative
Enabling finance for scaling up energy efficiency in MSMEs
Increasing RE investments in India
Ministries and multi-laterals
Advising on INDCs for ‘COP21’
US India Clean Energy Fund
India GHG program
Thought Leadership

4. Climate Finance - Action
Renewable Energy
INR 10 bn Green Bond
Target 5 GW funding
ESG
Environmental & Social framework
Sustainability Series
Industry training
Employee training
Partial risk guarantee fund for socially/environmentally impactful enterprises
Participation in Green Climate fund
Energy efficiency in MSMEs – Energy audits and exploring financing opportunities
YES COMMUNITY
Innovation
Environmental Management Policy
ISO 14001:2004
Internal action

5. Responsible Banking: A differentiated approach
“Sustainability Zone”
Combined economic, social and environmental benefits
Pure Philanthropy
Pure Profit

6. Responsible Banking Mission Vision Deliverables
Deliver internal and external positive socio-environmental impact
Enhance YES BANK’s influence in CSR and sustainability space
Mission
Link CSR and sustainable development with stakeholder value creation
through innovative solutions and services
Weave sustainability principles into YES BANK’s core business strategy and processes
Vision
YES BANK - Be the benchmark financial institution for inclusivity and sustainability”

7. Responsible Banking - Approach
Proactive investments for environmental & social outcomes
Impacting environment & society through innovative solutions
Internalizing sustainability in core operations

8. Proactive investments for environmental & social outcomes
Evolution of Renewable Energy Financing at YES BANK
Welspun Neemuch - Largest solar PV Project MW capacity
First bank to sanction facilities of $33 million(~24.8 million Euros) to the project
Electricity for 624, households
Offset 216,372 tons of CO2 emissions annually
Create livelihoods and provide services to BoP
January INR 10 bn Green bonds
September MW annually
January GW over next 5 years
Add Euros in place of INR
This financial year, we have already achieved 1100 MW exposure to Renewable energy projects

9. Impacting environment & society through innovative solutions
Approximately 1.28 mn unique senders
INR 32 bn worth transactions in FY
IMPACT
YES MONEY
Remittance service for unbanked & under-banked population of India
Brought financial services to rural households
INR 2.96 bn worth transactions in FY
YES SAHAJ
Cost effective & scalable Mobile transaction solution—Micro-ATM model
Extended Financial Inclusion to over 0.53 mn households
INR 270 mn in savings linked SHGs & INR 650 crores in credit linked SHGs
YES LEAP
Credit, saving & insurance facilities to SHGs through NGOs acting as Business Correspondents of Bank
Inclusive & Social Banking
Immense scaling opportunity as 60% of farmers are using the instant payment services
YES KISAN DAIRY PLUS
Instant payment services to milk vendors through the dairy acting as a BC

10. Environmental & social policy
Internalizing sustainability in core operations
Environmental & social policy
ISO certification
Project 3
Project 2
Challenges
Opportunities
Project 1
Lack of awareness
Regular communication
Awareness sessions
Lack of ownership from branch staff
Individual energy audits
Huge branch network
Project 2
Training to branch staff
For all projects
Compliance to Exclusion List (Annexure I of ESP) and Host Country Regulations
Projects exceeding USD 5 million
Compliance to Exclusion List, Host Country Regulations and applicable IFC Performance Standards
First Indian bank to get ISO 14001:2004 certification 10

11. World: India: Encouragement for Climate action to non-state players
Internalizing the externalities
Positive incentivization through Policy
Monetization & Minimization
Integrated reporting
World:
Decipher climate action at local level
National Adaptation Fund
Single window clearances – fast track projects
ESG risk guidelines
India:

12. Thank You