Yes Bank Limited, headquartered in Mumbai, India, is a prominent player in the Indian banking sector, offering a diverse range of financial services. Founded in 2004, Yes Bank has rapidly evolved, establishing itself as a key provider of corporate and retail banking solutions across major operational regions in India.
The bank's core offerings include personal banking, corporate banking, investment banking, and wealth management, distinguished by their customer-centric approach and innovative digital solutions. Yes Bank has achieved significant milestones, including being the first private sector bank to receive a banking licence from the Reserve Bank of India in over a decade.
With a strong market position, Yes Bank is recognised for its commitment to sustainability and social responsibility, making it a trusted choice for millions of customers. Its unique blend of technology and personalised service continues to set it apart in the competitive landscape of Indian banking.
-5 vs industry average
Yes Bank’s score of 30 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Yes Bank's reported carbon emissions
In 2023, Yes Bank reported total carbon emissions of approximately 572,923,410 kg CO2e, comprising 3,541,400 kg CO2e from Scope 1, 37,468,120 kg CO2e from Scope 2, and 572,923,410 kg CO2e from Scope 3 emissions. The Scope 3 emissions were significantly driven by investments, which accounted for about 559,982,760 kg CO2e, alongside business travel and employee commuting. Yes Bank has made commitments towards climate action, although recent targets have faced challenges. The bank had a near-term target status that was removed, indicating a shift in their commitment landscape. Previously, they were required to submit new targets by July 31, 2023, as part of their compliance policy. However, they have not committed to a net-zero target as of now. The emissions data is sourced directly from Yes Bank Limited, with no cascading from a parent or related organization. The bank's climate commitments reflect its position within the financial sector in India, where it aims to address its environmental impact while navigating the complexities of sustainability reporting.
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Yes Bank’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Yes Bank yet.
Scope 3 top emissions categories
3 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Yes Bank
Frequently asked questions
Common questions about Yes Bank’s sustainability data and climate commitments
Data year: 2023
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