1. Going ‘Green’ May 13, 2010

2. 2 Earth Facts - 2070 Water will be a rare resource which will be available in half glasses only for drinking daily Clothing will be disposable for lack of water to wash Average life expectancy is 35 years A charge would be levied for the air we breathe for each adult everyday * Source: Article published in the magazine "Crónicas de los Tiempos“, in April 2002. Author: Dr. A. P. J. Kalam

3. 3 Economy & the Environment – current trends Economic growth rate of 8% expects energy consumption to grow by 4.3% (2007)‏ India in 2007 imported 70% of it’s oil requirements. By 2031, this would be 90% By 2031 India would need to add over 40,000 MW of electric generating capacity every year to address growing infrastructure needs It is expected that 70% of the infrastructure that will exist in 2030 is yet to be built Source: Need for a Paradigm Shift – Opportunities for Indo-Canadian Dialog in Energy, April 2008

4. 4 Banking & it’s unique position in the economy Highest opportunity to see with 400 million Indians transacting at an average 4-6 times a month Occupies space of primary lender & custodian to individuals at large Banker and consultant to large, medium and small industries Invests in large scale projects for infrastructural and other long term growth projects Circulates funds to generate money in various markets

5. 5 The Global Opportunity for Green Size of Opportunity Cumulative net savings from energy efficient products in US by 2012 $ 84 billion Global fuel cell and distributed hydrogen market by 2015 $ 15 billion Estimated solar industry revenues by 2010$ 18.6 – 23.1 billion Worldwide investment in clean energy in 2009 $ 100 billion Demand for projects generating GHG emission credits by 2030 $ 100 billion Value of Low Carbon Energy Market by 2050$ 500 billion Source: Corporate Governance and Climate Change: The Banking Sector A Ceres Report, January 2008

6. 6 Captialising on the Opportunity Promotion and launch of energy efficient products and services Assist corporate, SMEs, suppliers to early adoption of environment friendly practices through: Risk modeling to include environmental risk Incentivise customers – corporate & individual for green practices Green fund investment, trading and distribution – similar to commodities like bonds Renewable energy certificate exchange

7. 7 Going Green at ICICI Bank Benchmarking bank’s carbon footprint and efforts towards carbon neutral activities Environment friendly employee activities & engagement Building awareness & providing green options to customers Investment in green projects

8. 8 Driving the Movement ICICI Bank Go Green Employees CustomersGreen Partners Products Participation Partnership

9. 9 POWER GO GREEN Contest- 550 entries Credit Cards e-statement Paperless COD/ COE meetings meetings Use of CFL Lamps Auto Power Off for all PCs Go Green in internal newsletters E-Greetings Go Green in product & process notes (PAC)‏ Employee Participation

10. 10 Employee Participation Use of e-Memos for internal approvals Green section in I-Voice, ICICI Bank employee forum Celebrating Green Events- World Environment Day, Earth Hour Regulated AC temperature Green message on Visiting Cards (recycled paper)‏

11. 11 Customer Engagement Green Events- World Environment Day, Earth Hour Green messaging across touch-points/ www.icicibank.com/gogreen Driving B2 & InstaBanking- Paper-less/ Travel-free banking Incentivising Green life- style- Green Vehicles & Housing E-Statement Drive Rationalisation of physical customer communication

12. 12 Eco friendly gifting to all customers/ relationships Green themed activities at branches Launch of paperless, low energy e-branches E-Lok Adalat in Delhi Customer Engagement

13. 13 Employee Participation – Way Forward Reduced eWastage by upgrading existing PCs Monthly green hour at branches Monitoring use of printers Contest –Green Team for paper & energy consumption Use of paper with higher recycled percentage Car pooling across offices and branches Education of the Green Way of life through partnerships with NGOs

14. 14 Customer Engagement – Way Forward ATM chargeslips to carry green messaging Green Caller tunes for call center, landlines & corporate mobile connections Green communication over IVR and hold tunes Continued promotion of online banking Shift to bio-degradable credit/debit/ prepaid card plastic

15. 15 Footprint Mapping @ ICICI Bank Carbon, Water, Paper & Waste Footprints Mapping at bank facilities Carbon Footprint Benchmarking In-house Emission Reduction (GHG)‏ Carbon Footprint Offset Carbon Footprint Road Map Land Carbon Energy WaterWaste

16. 16 Clean Technology - Project Finance

17. 17 Promoting eco-friendly technologies Clean coal technologies Clean coal technologies Initiatives to reduce emissions ISO 14000 - Environment Management Systems Energy Service Companies (ESCO) with municipalities Energy Service Companies Demand Side Management (DSM) with utilities Demand Side Management Waste heat recovery Waste heat recovery Energy Efficient air-conditioning Energy Efficient air-conditioning Assistance to Green Projects

18. 18 Assistance to Green Projects Zero Emission Initiative Zero Emission Initiative Green Building Initiatives Green Building Initiatives National Initiatives National Initiatives Green Governance Initiatives Green Governance Initiatives Funding clean technology projects Funding clean technology projects

19. 19 Green Initiatives at ICICI Group Companies

20. 20 ICICI Securities Green Calendar to customers Quarterly statement moved online ICICI Lombard Provision of e-Policies/ policies with reduced pages Night Shift at Malad processing hub, A/c switched off for an hour/day ICICI Group Company Initiatives

21. 21 ICICI Group Company Initiatives ICICI Prudential Asset Management Company Hard-hitting Green messages on communication Headline 1: This tree manufactured five pounds of pure oxygen everyday. Till we hacked it down to make this newsletter. Headline 2: Trees have life too. And that includes the one chopped down to make this paper.

22. 22 Benefits to ICICI Group Establish ICICI Group as a responsible corporate citizen through its commitment to the environment Environmental savings of over 30,000 trees and water supply to 100,000 rural households for a month Cost savings of Rs 380 mn from 3.6 mn reams of paper saved Investment in carbon footprint evaluation and offsetting activities expected to be returned over 3 to 5 years through operational efficiencies Generation of revenue stream through Carbon Credits

23. 23 Thank You To know more, visit us at www.icicibank.com/gogreen

24. Clean coal technologies 24 Innovative concepts like deep beneficiation of coal (coal washeries) and coal bed methane have been introduced for the first time in the country Through a demonstration project we assisted the first coal washery in the country (ST-BSES) for providing a solution to Indian coal, which has high ash content and is highly polluting, via the process of deep beneficiation of coal We also assisted Essar Oil, the first company to successfully demonstrate the concept of coal bed methane in India The replication potential of these demonstration projects have been significant

25. An energy service company (ESCO) which worked with Nasik Municipal Corporation (NMC) on a shared savings based street lighting ESCO project Energy saving potential was assessed jointly with NMC Energy Services Agreement for implementation of the project entered into between SCPL and NMC Savings were shared for five years Earlier energy bill prior to project implementation - Rs 50.0 million per annum for area allotted to SCPL Avg achieved annual savings - Rs 17.0 million on a capital investment of Rs 16.6 million Project completed in Nov 2005 Payback period ~1.5 years 25 Sahastratronic Contols Pvt. Ltd. (SCPL)‏

26. 26 SCPLCont….. Installation of 486 street light controllers covering about 19000 street lights at various lighting stations to improve street lighting efficiency Improvement in the existing electrical distribution network for Reduction in cable losses Power factor optimization

27. 27 Salient Features of Street Light Controller Microprocessor based unit with a real time clock Three modes of operation (Start, Run & Dim)‏ Voltage correction in Start mode as per lamp manufacturer specifications to enhance life of bulb Microprocessor changes mode to Run mode where voltage is changed to acceptable lux level At programmed time DIM mode takes over automatically to reduce illumination at an agreed value On/Off and sunrise/sunset timings for 52 weeks can be programmed SCPLCont…..

28. 28 The actual lux level varies due to variation in the voltage levels The red graph shows the approx lux level, whereas green graph shows the acceptable lux level Light level available during peak traffic hours is less than during low traffic hours. Large potential to save energy 12 pm to 6 am SCPLCont…..

29. 29 Lends User Lender ESCO Owns,Operates,Maintains Repays Loan Lends Repays Loan Operates, Maintains Model 1 Model 2 ESCO Business Models

30. 30 Noida Power Company Limited Private distribution company for Greater Noida Commercial, industrial, residential and agricultural consumers Replacement of bare cables with insulated cables and LT lines with HT lines. Increase in HT/LT ratio from 0.85 to 2.46 Distribution network improvements after load research – annual savings of 1.7 mn units against estimated 0.6 mn units Metering of unmetered consumers DSM – replacement of old pumps by energy efficient pumps (55% energy savings) besides 22% reduction in water consumption

31. Waste heat recovery Major unit manufacturing copper at Tuticorin Copper smelting exothermic process Hot flue gases with high heat content being wasted Waste heat recovery system to be installed Power generation 10.4 MW Payback <1 year Reduction of CO2 emission: 47,500 tpa 31 Sterlite Industries Limited

32. Water Recycling/conservation: annual savings Current Power requirement: 794 KW Power saving with modifications: 420 KW Annual saving in power cost: Rs 14.2 Mn Current water loss : 1419 m3 Cost of water : Rs 17 / m3 Annual saving in water cost : Rs 8.5 Mn Total savings in water recycling: Rs 22.7 Mn 32 Sterlite Industries Limited Cont…

33. Sumaya HMX Systems Ltd Development of “Ambiator”, an eco-friendly alternative to an AC Works on the indirect evaporative cooling technology by incorporating a wet plate and a cross flow heat exchanger Provides 100% filtered cool fresh air and consumes about 35% power compared to an AC making it about 65% more energy efficient compared to an AC Does not use chloro fluoro carbons (CFC), as it does not run on compressor-based technology The product has also been endorsed by TERI (DCS 001) and the Energy Management Centre (EMC) under GoI The company has improved the heat exchanger efficiency of the Ambiator from 63% to about 80% The company is currently improving on bringing min offer temperature below 23ºC & reducing product size

34. Reva Electric Car Company Limited Manufacture of Electric VehicleElectric Vehicle New Generation Motors Electric drive system for two and three wheelers Electric drive system Twenty First Century Batteries Lithium ion flexible polymer electrolyte rechargeable battery 34 Zero Emission Initiative

35. CII-GBC LEEDS – platinum rated Green Business Centre at Hyderabad Centre for excellence in energy/ environment First building outside USA and third in the world to achieve platinum rating Support for GBC set up and 2 years operations 35 Green Building Initiatives

36. 36 National Level Initiatives Energy Establishing Bureau of Energy Efficiency (BEE)‏ Setting up of Green Business Centre (GBC) with CII Energy rating for electrical appliances - CERC Innovative structuring of ESCO projects Demand side management in utilities Greenhouse gas mitigation Demonstration of concept of coal washeries led to a Govt. policy on mandatory coal washing

37. Energy Capacity building of technology institutions Central Power Research Institute (CPRI) – Setting up of a laboratory for testing various transformer & power station characteristics at Bangalore Electrical Research & Development Association (ERDA) - Setting up of a short circuit laboratory & facilities for testing electrical appliances The Energy Research Institute (TERI) - Setting up of an instrument bank with calibration facility & creation of an energy efficiency advisory & training centre 37 National Level Initiatives

39. Indian Army’s Green Governance Programme Implementing agency - Indian Army Environment Ecology Cell (IAEEC)‏ Comprises of 25 sub-projects at select Indian Army locations in the following areas rainwater harvesting ground water rejuvenation construction of check dams treatment of water bodies waste management and wind energy harvesting at remote military outposts awareness initiative for school children on ecology at select sainik schools, military schools

40. Reduced water run-off and higher water percolation into sub-soil Increased water storage through artificially constructed lakes, check dams & bunds Increase in ground water table Assured water supply during peak summer Creation of environmental parks Reduced dependence on water tankers or municipal water supply for gardening or horticulture Better utilization of waste water with suitable treatment Improved awareness among school children on issues related to ecology & biodiversity Indian Army’s Green Governance Programme

41. Tata Power Environmental Sustainability Programme Support to Tata Power for its Environmental Sustainability Programme comprising Scaling up of existing energy-saving awareness initiative named “Tata Power Energy Club” A few renewable energy pilot projects Tata Power Energy Club is involved with sensitization of school children to spread the energy conservation awareness in their residential areas Tata Power has scaled up the initiative originally focussed on Mumbai to five other cities namely New Delhi, Pune, Ahmedabad, Bangalore & Kolkata besides launching campaigns on its website and in networking sites like Facebook

42. Tata Power Environmental Sustainability Programme Renewable energy pilot projects in the area of Solar photovoltaic based LED lighting Solar-thermal based water heating and A hybrid solar-wind system

43. Robin Age A weekly children’s newspaper exclusively written for children of 5-14 years of age and published by M/s Deep Prakash Encourages children back into the reading habit through content that is informative, interactive, engaging and fun Carries news & information current affairs, science, technology, sports, careers, culture Special focus on energy and environment activities, puzzles and projects

44. Robin Age Grant assistance given to RobinAge envisages carrying an environment page in every alternate issue of RobinAge promote sensitivity and awareness about environmental issues amongst school children organise in-school workshops to introduce children to basic concepts of energy & environment publish a special issue on the occasion of ‘Environment Day’ (June 5) in 2009 organise child-to-child outreach programmes

45. 45 Finance to Green Projects Projects in the area of Waste Management financed: Current assisted projects: Jindal Urban Infrastructure Limited sponsored integrated MSW processing plant at Timarpur and Okhla in Delhi 1,950 tonnes per day of MSW to be processed 20 MW of power production Bio-methanation unit