Tuesday 21 January 2014

Yes Bank receives ISO 14001:2004 certification

Yes Bank, India’s fourth largest private sector bank, has become the first bank in India to qualify for ISO 14001:2004 Certification, world’s leading environment management system - for its 12 locations, which include major branches and corporate offices. Given its commitment to environment and conservation, this certification would enable Yes Bank to rigorously measure, manage and report its carbon footprint, thus a proactive step towards climate change.

All through its 10 years of existence, Yes Bank has been extremely sensitive towards resource consumption, and has been the first to adapt to mitigation frameworks and policies to reduce green house gas emissions that would contain the climate change situation. The ISO 14001:2004 Certification is an international endorsement and would serve as a practical toolbox to assist implementation of sustainable development action

Yes Bank has reported 21.41% rise in its net profit at Rs 415.60 crore for third quarter ended December 31, 2013 as compared to Rs 342.31 crore for the same quarter in the previous year. Total income of the bank has increased by 18.60% at Rs 2902.00 crore for quarter under review as compared to Rs 2446.83 crore for the quarter ended December 31, 2012.

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