Marking a transformative milestone, Utkarsh Small Finance Bank Limited (Utkarsh SFBL) has launched its inaugural Sustainability Report, “U-SUSTAIN,” for FY 2023-24. This comprehensive report showcases the bank’s pioneering efforts in Environmental, Social, and Governance (ESG) practices, spotlighting Utkarsh SFBL’s initiatives in sustainable development and responsible banking.
The report provides in-depth insights into the bank’s ESG strategy, including climate risk management, green technology adoption, and a commitment to ethical business. Environmentally, Utkarsh SFBL has implemented significant steps in energy efficiency and waste reduction. On the social front, the bank continues to support financial inclusion, community development, and employee diversity, while strong governance policies reinforce transparency and accountability.
Reflecting on the achievement, Govind Singh, MD & CEO of Utkarsh SFBL, noted, “Our first Sustainability Report embodies our dedication to sustainable banking. This journey is about creating lasting value while addressing critical environmental and social issues.”
In Shillong, Utkarsh SFBL’s sustainability approach resonates with a growing community of eco-conscious customers. The bank’s ESG-driven initiatives are set to appeal to Shillong’s socially-minded clients, aligning with the region’s environmental and community values.
