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Home » Blog » Bank of Baroda unveils ESG policy, aims to achieve net zero emissions by 2057
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Bank of Baroda unveils ESG policy, aims to achieve net zero emissions by 2057

Olivia Roberts
By Olivia Roberts
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Bank of Baroda points to a 75% reduction in scope emissions 1 and scope 2 by 2034

Bank of Baroda points to a 75% reduction in scope emissions 1 and scope 2 by 2034 | Photo credit: Anushree Fadnavis

Bank of Baroda (Bob) presented on Wednesday its Environment, Social and Governance (ESG) policy, so it plans to prioritize the multipment to renewable energy, guarantee the evaluation of climate risk for all large emails and higher than Nort Netsief 2057, among others.

The Public Sector Bank has established several objectives under politics, including the realization of a 75 percent reduction in scope emissions 1 and range 2 by 2034 (the base year is 2024); Employee training and capacities development on ESG and climate risk, and all staff members are covered by 2027.

Debadatta Chand, Managing Director and CEO, said: “The presentation of our ESG policy and our Net zero commitment (on the occasion or day of the Earth 2025) is a reflection of the bank is located in being a CIITH -Strugia responsible, and Thirar, and Thirowh, and three social strategies, and the social welfare of the welfare measures in the well -being and the well -being of the practices of the operation of you.

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