Yes Bank
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.
DitchCarbon Score
How does Yes Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Yes Bank's score of 59 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Yes Bank's reported carbon emissions
In 2023, Yes Bank reported total carbon emissions of approximately 572,923,410 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 572,923,410 kg CO2e. The bank's Scope 1 emissions were approximately 3,541,400 kg CO2e, while Scope 2 emissions totalled around 37,468,120 kg CO2e. Over the years, Yes Bank has shown fluctuations in its emissions. For instance, in 2022, the total emissions were about 1,924,342,690 kg CO2e, with Scope 3 emissions being the largest contributor. The bank's emissions in 2021 were approximately 77,093,400 kg CO2e, indicating a trend of increasing emissions, particularly in Scope 3. Yes Bank has committed to reducing its carbon footprint but has not yet established specific reduction targets. The bank is currently in a transitory grace period for its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. As of now, Yes Bank has not committed to a net-zero target. The bank's emissions intensity for its electricity generation portfolio was reported at 404 gCO2/kWh in 2023, reflecting its operational impact on climate change. Yes Bank operates within the financial sector in India, where the focus on sustainability and climate commitments is increasingly critical.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,291,740 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 34,226,390 | 00,000,000 | 00,000,000 | - | - | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,642,230 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Yes Bank is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
