Slide 1: ESG at Axis Bank
ESG at Axis Bank November 2024
Slide 2: In this Presentation
In this Presentation 1 Building ESG Around Purpose Leadership-driven ESG Governance 2 3 Committed to Operational Excellence Driving Positive Finance 4 5 Serving the Community The Future of Work 6 2
Slide 3: 1. Building ESG Around Purpose
1. Building ESG Around Purpose 3
Slide 4: Our ESG Journey
Our ESG Journey We have made steady progress in establishing an ESG culture at the Bank Great Place to Work certified (Jan’22) Established the ESG Published first Committee of the Board Integrated (Aug’21) Annual Report, Launched Sustainable Lending Policy & Published first for FY 2024 Established t
Slide 5: Strengthening Transparency while Meeting Stakeholder Expectations
Strengthening Transparency while Meeting Stakeholder Expectations Released First Released First Sustainability Report Integrated Annual Report FY 2015 FY 2024 FY 2013 FY 2022 Released First Business Released First Responsibility Report TCFD Report 5
Slide 6: Building ESG Around Purpose
Building ESG Around Purpose ‘Banking that leads to a more inclusive and equitable economy, thriving community and a healthier planet’ Inclusive and Equitable Economy Thriving Community Healthier Planet We are committed to providing opportunities We are committed to working with communities We are co
Slide 7: Our ESG Progress and Aspirations
Our ESG Progress and Aspirations 1st 61% 15% 96% Indian Bank to constitute an Proportion of Independent, Proportion of women Designated employees certified ESG Committee of the Board Non-Executive directors directors on the Board in KYC/AML Governance 25.0% 2.2 Mn 1.7 Mn ₹13,030 Cr Women representat
Slide 8: Our ESG performance Continues to be Recognized
Our ESG performance Continues to be Recognized We aspire to be an ESG leader in India and globally Steady Performance on Global ESG Benchmarks Among Top 10 constituents of Nifty100 ESG Sector Leaders Index Above 80th percentile among global banks MSCI ESG Ratings Among Top 10 constituents of on DJSI
Slide 9: Driving Thought Leadership in India and Globally
Driving Thought Leadership in India and Globally As members of leading industry groups and associations, we drive dialogue and policy action on key sustainability focus areas including climate action Active Participation During India’s G20 Presidency Member of the World Economic Forum’s Alliance of
Slide 10: 2. Leadership-driven ESG Governance
2. Leadership-driven ESG Governance 10
Slide 11: Leadership-driven ESG Governance
Leadership-driven ESG Governance The foundational plank that both drives and supports ESG-aligned action Axis Bank is the first Indian Bank to constitute an ESG Committee of the Board ESG, a Board-level agenda • ESG Steering Committee at the Management level to champion ESG across Bank • DEI Council
Slide 12: ESG is led by the Board and Senior Management
ESG is led by the Board and Senior Management Strong & Diverse Board * 61% 15% Proportion of Independent directors Proportion of women directors on the Board ESG Committee of the Board Prof. S. Mahendra Dev Amitabh Chaudhry Gopalaraman Independent, Non- Managing Director & Padmanabhan Executive Dire
Slide 13: Guided by Strong Policies
Guided by Strong Policies Demonstrating clarity and transparency through pertinent Policies and Processes Code of Conduct & Ethics Human Rights Policy Diversity, Equity & Inclusion Policy Equal Employment & Opportunity Policy Anti-Bribery & Anti-Corruption Policy ESG Policy for Lending Policy on Env
Slide 14: Renumeration Policy aligned with regulatory guidelines
Renumeration Policy aligned with regulatory guidelines ➢ Bank’s remuneration policy is reviewed periodically by the Nomination and Remuneration Committee of the Bank ➢ The policy is aligned with RBI guidelines on Compensation of Whole Time Directors/ Chief Executive Officers/ Material Risk Takers an
Slide 15: Committed to Driving India's Low Carbon Transition
Committed to Driving India’s Low Carbon Transition Climate Transition Action Plan & Strategy • As an Indian financial institution, we recognize that climate -related risks play out within credit, operational, market, reputat ional and other risks • We recognize that the ESG- and climate-related risk
Slide 16: Committed to Positive Climate Action and Achieving the SDGs
Committed to Positive Climate Action and Achieving the SDGs In September 2021, the Bank announced commitments aimed at supporting India’s low-carbon and equitable economic transition towards achieving the SDGs and India’s commitments under the Paris Agreement Our Commitment Unit Achievement by FY 20
Slide 17: Our Approach to Climate-related Risks & Opportunities
Our Approach to Climate-related Risks & Opportunities The bank is strengthening climate-related Risk management and realizing opportunities. Axis Bank’s robust Risk Management Framework is overseen by its Board and guided by well-defined policies and supported by an independent Risk function. Bank’s
Slide 18: Sparsh 2.0 Customer Experience program
Sparsh 2.0, our enhanced Customer Experience program, simplifies interactions, driving NPS, automation, and digitization, with a focus on customer loyalty and business growth Sparsh embedded across all customer touchpoints, Sparsh Week (5-9 Aug’24) elevated organizational spirit and reinforced proce
Slide 19: 3. Committed to Operational Excellence
3. Committed to Operational Excellence 19
Slide 20: Striving for Operational Excellence
Striving for Operational Excellence We are actively exploring new solutions and opportunities that reduce our operational footprint, achieve resource efficiency, and support our stakeholders become greener 2MW Solar Plant generation capacity at Solapur – 2,286 tCO2e avoided ~3,390 tCO2e Avoided due
Slide 21: Striving for Operational Excellence
Striving for Operational Excellence Consciously managing environmental footprint of operations and adopting best practices 1st and only Indian Bank to achieve the IGBC ~282 metric tonnes of dry waste from select large offices collected and sent Green Existing Building O&M Platinum Certification for
Slide 22: Investing in Digital Solutions to further our commitment to Sustainability
Investing in Digital Solutions to further our commitment to Sustainability in Our Operations We continue to introduce new products driven by our OPEN philosophy… ~ 28 mn UPI Loans servicing Personal Finance Manager Registered customers on REDESIGNED NEW NEW Axis Mobile Banking 250+ DIY Services on m
Slide 23: Committed to the Highest Standards of Data Security and Customer Privacy
Committed to the Highest Standards of Data Security and Customer Privacy In-Depth Defense through best-in-class Certified ISO 27001:2013 for Information 24 x 7 events monitoring by SOC* through security technology and process controls Security Systems and PCI DSS compliant Next Gen SIEM^, threat int
Slide 24: 4. Driving Positive Finance
4. Driving Positive Finance 24
Slide 25: Driving Sustainable Banking and Finance
Driving Sustainable Banking and Finance Committed to scaling positive finance in India • 2016: Issued India’s 1st certified, USD-denominated green bond, for $500 mn Steady Growth in Financing Green Sectors (In ₹ Crores) • 2019: Issued $40 mn green bond in private placement 18,142 18,907 • 2021: Issu
Slide 26: Marquee Sustainable Finance Milestones
Marquee Sustainable Finance Milestones Leading the way in positive impact financing in India Announced $ 300 mn E-Mobility loan guarantee $600 mn Sustainable AT1 Notes issued in Sept ’21 program with GuarantCo in Nov ‘2021 • 1st Indian corporate to issue Sustainable USD AT1 Bond (Press Release) • An
Slide 27: Bharat Banking strategy to reach Rural & Semi-urban India
Bharat Banking strategy to reach Rural & Semi-urban India Combining physical reach with technological capabilities to serve the unbanked and the under -banked Axis Bank is focused on providing a comprehensive bouquet of ‘Bharat centric’ products and services to customers in Rural and Semi-urban (RUS
Slide 28: Our Digital Banking Services are Offered in All Major Regional Languages
Our Digital Banking Services are Offered in All Major Regional Languages offers services in 10 regional languages Internet Banking – Product information and support pages in 9 regional languages https://www.axisbank.com/hindi 28
Slide 29: 5. Serving the Community
5. Serving the Community 29
Slide 30: Serving Communities Across India
Serving Communities Across India Scaling positive impact across communities across the country Sustainable Livelihoods Financial Inclusion & Education Environmental Financial Literacy Sustainability • Our flagship program aimed at making • Financial literacy interventions under • Axis DilSe, our fla
Slide 31: Bank's CSR Initiatives
Bank’s CSR Initiatives Axis DilSe • As one of the largest banks, we already have a significant presence in these states and are well placed to also augment the efforts of the government and expand our presence in each state of the Northeast • Axis DilSe is a philosophy which marries the Bank’s DilSe
Slide 32: Axis Bank Foundation Focus Areas
Axis Bank Foundation Registered as a charitable trust in 2006, Axis Bank Foundation (ABF) works towards making rural communities self-reliant through its Sustainable Livelihoods Programme. • Axis is committed to Mission 2 Million to help 2 million households achieve credible paths to sustainable liv
Slide 33: 6. The Future of Work
6. The Future of Work 33
Slide 34: Great Place to Work
Great Place to Work® • the Bank has been recognized as a Great Place to Work® certified organization for the third time in a row. (FY 2024) • This is a result of several strategic transformations such as improved learning journeys, creation of a modern workplace with GIG-A opportunities and developm
Slide 35: The Future of Work
The Future of Work Committed to building a fair, diverse and performance-driven culture driven by the Axis Values Nurturing career experiences that matter to our people Employee Strength Bank is focused on enhancing key capabilities and embedding a performance centric culture to deliver the Bank’s s
Slide 36: #ComeAsYouAre – Diversity, Equity and Inclusion
#ComeAsYouAre – Diversity, Equity and Inclusion Axis Bank’s commitment to Diversity, Equity and Inclusion (DEI) focuses on building an organizational culture that goes – Beyond the Binary, Beyond Biases, Beyond Abilities and Beyond Stereotypes • The Bank’s Diversity, Equity and Inclusion Policy was
Slide 37: Axis Bank's Distinctiveness in ESG
Axis Bank’s Distinctiveness in ESG Working on two focused distinctiveness areas - Bharat Banking and Customer Obsession to aid the Bank’s GPS journey 1st bank in India to have a standalone, Board level ESG Committee which shall drive the ESG strategy and agenda for the Bank Only Indian Bank in the F
Slide 38: Axis Bank at a glance
Axis Bank at a glance 3rd ~ 52mn 1,03,400+ 5,577 Axis Bank Employees Branches* largest Private Bank in India Customers 5.4% 4.9% 5.6% 14.0% Market Share Assets 1 Deposits 1 Advances 1 Credit Cards 2 Profitability 18.08% 3.99% 2.86% 2.52% Consolidated ROE 3 Net Interest Margin 3 Operating Profit Marg
Slide 39: Thank You
Thank You Axis Bank Amongst Top 3 Most Sustainable Companies in Banking and NBFC category in BW India’s Most Sustainable Companies 2023