In an ambitious leap toward sustainable finance, Utkarsh Small Finance Bank Limited (Utkarsh SFBL) has unveiled its first Sustainability Report, “U-SUSTAIN,” for FY 2023-24. This groundbreaking report reflects the bank’s commitment to Environmental, Social, and Governance (ESG) innovation, positioning it as a forward-thinking leader in green banking.
The report details Utkarsh SFBL’s use of technology to drive environmental impact, from energy-efficient systems to advanced waste management solutions. The bank is adopting green technologies to optimize resource use and minimize environmental footprint. Socially, it is leveraging data analytics to broaden financial inclusion and foster diversity, while its governance framework is fortified with digital transparency tools to uphold accountability.
MD & CEO Govind Singh shared, “U-SUSTAIN is our blueprint for a tech-enabled, sustainable future. Through innovation, we’re crafting a banking experience that benefits both people and the planet.”