Sustainable Operations

Green Branch Initiative: All Pioneer branches have achieved Leadership in Energy and Environmental Design (LEED) certification, totalling 13 across the country.

Green Buildings: Notably, the IBL House office in Mumbai and Karapakkam office in Chennai have also achieved LEED certification. 

Carbon Neutrality: The Bank has declared its commitment to achieving carbon neutrality by 2032 and is implementing initiatives to drive and sustain investments in this direction. 

Sustainable procurement practices: IndusInd Bank is committed to sustainable operations through responsible sourcing. The Bank emphasizes principles against child labor, upholds health and safety standards and safeguards human rights. Suppliers are also expected to adopt environmental and energy management systems, aligning with the Bank’s Sustainable Procurement Policy, which outlines criteria for selecting and onboarding vendors. 

Virtual Meetings: Promoting the concept of online meetings, which has resulted in a decrease in business travel emissions.

The Bank recognizes that its diversity and inclusion commitment extend not only to its internal operations but also to its customers, partners and the communities it serves. Key highlights of Diversity and Inclusion at the Bank include:

• 10 Exclusive All-Women Branches: The Bank has launched all-women branches across India in cities such as Jalandhar, Chandigarh, Delhi, Jaipur, Pune, Bhubaneswar, Kolkata, Bengaluru, Chennai and Thiruvananthapuram.
• The hiring of Neurologically Diverse Employees: In FY2023, the Bank hired 6 neurodivergent employees, contributing to a workforce that includes 181 specially-abled employees. 
• Board of Directors: Out of a total of 10 directors, the Bank has 2 women directors on its board. 

The Bank aims at interlinking its strategic focus areas with its sustainability commitments, to emerge as a responsible organisation. The Bank has been publishing: 

• Integrated Report: The bank has been publishing it Integrated Report for the past seven years, which aims to communicate how the Bank's Strategy, Governance, Performance and Prospects create value over time. The value creation story of the Bank articulated in the Integrated Report has been prepared on voluntary basis in adherence to SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2017/10 dated February 6, 2017. As a green initiative, the Bank hosts the latest ‘Integrated Report’ at https://www.indusind.com/in/en/sustainability/esg-ratings-and-reporting.html

• Business Responsibility and Sustainability Reporting (BRSR): The Bank has been publishing its BRSR since FY2021-22, in line with SEBI Circular No. SEBI/HO/CFD/CMD-2/P/CIR/2021/562 date May 10, 2021 and is aligned with its latest amendments dated July 12 2023. The link for the its latest BRSR can be found at https://www.indusind.com/in/en/sustainability/esg-ratings-and-reporting.html. Prior to the BRSR, the Bank had been reporting its Business Responsibility Report (BRR) since FY2018-19.