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Posted on Nov 15, 07:08PM | UNI
YES BANK, country's fourth largest private sector Bank, has been awarded the prestigious Golden Peacock Global Award for Sustainability, 2012.
This Award is a strong endorsement of YES BANK's mainstreaming sustainable finance and value creation through customized financial solutions.
The eminent recognition has come at an opportune time when sustainable development and social responsibility are becoming critical elements for businesses in India. It positions YES BANK alongside the best Sustainable Businesses in India and potentially in the world, Rana Kapoor, MD and and CEO, of the bank said in a statement.
The award was based on three key parameters, Responsiveness of organizational strategy to needs of different stakeholders, Integration of Sustainable Development issues with corporate functioning and Development of innovative partnership models to fulfill social responsibility, Mr Kapoor added.