IndusInd Bank’s PIONEER branches recognized for sustainability by USGBC's LEED certification

USGBC's LEED certification recognizes environmentally responsible building owners and operators who prioritize sustainability and efficient resource usage in their green buildings

Mumbai, June 5, 2023: IndusInd Bank today announced that all thirteen of its PIONEER branches have been officially recognized by the United States Green Building Council (USGBC) through their LEED (Leadership in Energy and Environmental Design) certification program. The nine Platinum-certified branches are located in Mumbai, Chennai, Delhi, Bangalore and Pune, while the four Gold-certified branches are situated in Gurgaon, Kolkata, Jaipur and Chandigarh. The Bank is pleased to announce this milestone on a day when the ‘World Environment Day’ is being observed.

The USGBC's LEED certification is a globally recognized standard for sustainable building design, construction, operation and maintenance of green buildings. This esteemed certification acknowledges building owners who prioritize environmental responsibility and demonstrate efficient resource usage in their green buildings.

Speaking about the achievement, Roopa Satish, Head – Portfolio Management & CSR, IndusInd Bank, "We would like to extend gratitude to USGBC for giving us this valued recognition. This accomplishment is a testimony to the fact that Sustainability is indeed deeply embedded in the way the bank runs its operations. IndusInd Bank remains fully committed to its ESG goals and we will continuously strive to raise the bar in adoption of ESG principles in our business, risk management and operations.”

Adding to the same, Samir Dewan, Head – Affluent Banking & International Business, IndusInd Bank, said, “We are proud to have been recognized for achieving LEED certification for thirteen PIONEER branches. This certification validates our commitment to reducing our environmental impact and promoting sustainable practices in all aspects of our business. PIONEER being a premium segment of Bank business, we strongly believe that sustainability is a shared responsibility. We will continue to work together to prioritize sustainability and make a positive impact on the environment and our communities.”

About IndusInd Bank:

IndusInd Bank Limited commenced its operations in 1994 catering to the needs of consumer and corporate customers. Since its inception, the Bank has redefined the banking experience for its customers including various government entities, PSUs and large corporations. As on March 31, 2023, IndusInd Bank has a customer base of approx. 34 million, with 2606 Branches/Banking Outlets and 2878 ATMs spread across geographical locations of the country and covering 1,37,000 villages. The Bank has representative offices in London, Dubai and Abu Dhabi. The Bank believes in driving its business through technology that supports multi-channel delivery capabilities. It enjoys clearing bank status for both major stock exchanges BSE and NSE and settlement bank status for NCDEX. It is also an empaneled banker for MCX. IndusInd Bank was included in the NIFTY 50 benchmark index on April 1, 2013.

RATINGS

Domestic Ratings:

• CRISIL AA + for Infrastructure Bonds program/Tier 2 Bonds
• CRISIL AA for Additional Tier 1 Bonds program
• CRISIL A1+ for certificate of deposit program / short term FD program
• IND AA+ for Senior bonds program/Tier 2 Bonds by India Ratings and Research
• IND AA for Additional Tier 1 Bonds program by India Ratings and Research

International Ratings:

• Ba1 for Senior Unsecured MTN programme by Moody’s Investors Service

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