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Introduction

At IDFC FIRST Bank, we are committed to promoting sustainability and responsible practices through our ESG (Environmental, Social and Governance) framework. Our approach is based on three key priorities: integrating ESG into our products and services, ingraining sustainability within our organization, and aligning with global and national ESG standards. To achieve this, we have implemented both long- and short-term initiatives, ensuring that we adhere to best practices in both letter and spirit.

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32%

carpet area green certified

2.38 lakh+

EV two-wheelers financed

3.75 lakh+

loans disbursed
under WASH financing

25 lakh+

employee learning hours

6650+

employee participation
(cumulative) in ESG initiatives

73%

Independent Directors on Board

51 crores

Green FD raised & deployed in certified green activities for FY25

4 offices

powered by green energy in Mumbai, MH

30,000

trees planted in Madurai, TN

Our Impact

Messages from Our Leaders

img1

Mr. Sanjeeb Chaudhuri

Part-Time Non-Executive Chairperson (Independent Director)

View Message

As you know, ESG has become an integral part of the business landscape in India and around the world. Our objective is to make IDFC FIRST Bank an ESG leader in financial services by driving innovative, sustainable practices in our strategies and action plans coupled with the highest governance standards. This requires specific focus to channelize the efforts of the Bank in this direction. As a Board, we are committed to the ESG agenda as it is extremely important for the future of our country and our planet. By incorporating ESG considerations in our day to day working, we can not only create long-term value for your Bank but also contribute positively to the environment and the society in which we live.

Our dedication to ESG remains resolute. By integrating ESG considerations into our operations and decision-making processes, we want to make a positive impact on society while safeguarding the interests of our customers and all our stakeholders.

On ESG, our business itself is naturally ESG centred the way we think about our business, the way we treat our employees, the customer segment we operate in, all blend naturally into ESG. We set very high standards of corporate governance.

We have built a team that is passionate about sustainability, in order to achieve our mission of sustainable future for community. In making the start of ESG journey a successful one, the Bank continues to reinforce its focus on ESG performance and leadership. Further, we ensure to keep our purpose clear- straightforward enough to be understood by the entire corporate workforce for the way forward ahead.  As ESG is all about being transparent, we are working towards being more informative to help our stakeholders.

This microsite is a means of publicly documenting and disclosing our responsible management commitments, programs and performance each year. Throughout this website, you will see how we are working to generate long-term value and sustainable growth.

At IDFC FIRST Bank, we believe that sustainable growth is the cornerstone of long-term value creation, aligned to our mission of building a world class Bank that serves India with integrity, purpose, and a deep sense of responsibility. The global financial ecosystem is witnessing a profound shift, where investors, regulators, and customers increasingly expect businesses to integrate Environmental, Social, and Governance (ESG) principles into their core strategy. India stands at a pivotal moment, with commitments toward net-zero and an opportunity to usher in a greener economy.

We firmly believe that we as a Bank must help in shaping a more sustainable and equitable economy at this pivotal moment, more than just facilitating financial transactions. This belief drives our strategy to integrate environmental stewardship, social impact, and robust governance into the way we operate and serve. Whether it is financing greener industries, supporting underserved segments and entrepreneurs at the grassroots, or maintaining a governance architecture with accountability, ethical rigor, and responsible growth, we are committed to making choices that create enduring impact for our customers, communities, and the country. As a responsible financial institution, we are incrementally aligning our lending and financing activities, product offerings, policies, and operations in a bigger way to foster sustainability and social good. The progressive improvement in our ESG ratings stands as testimony to our conscious efforts. 

Through innovation, collaboration, and accountability, We at IDFC FIRST Bank aim to create a future where economic progress and sustainability go hand in hand. While we have made meaningful progress, we recognize that there is much more to be done. We remain committed to advancing our ESG journey and look forward to working with all stakeholders to create lasting impact.

img1

Mr. Sanjeeb Chaudhuri

Chairman

As you know, ESG has become an integral part of the business landscape in India and around the world. Our objective is to make IDFC FIRST Bank an ESG leader in financial services by driving innovative, sustainable practices in our strategies and action plans coupled with the highest governance standards. This requires specific focus to channelize the efforts of the Bank in this direction. As a Board, we are committed to the ESG agenda as it is extremely important for the future of our country and our planet. By incorporating ESG considerations in our day to day working, we can not only create long-term value for your Bank but also contribute positively to the environment and the society in which we live.

Our dedication to ESG remains resolute. By integrating ESG considerations into our operations and decision-making processes, we want to make a positive impact on society while safeguarding the interests of our customers and all our stakeholders.

img 2

Mr. V. Vaidyanathan

Managing Director & CEO

ESG INITIATIVES OF THE BANK

On ESG, our business itself is naturally ESG centred the way we think about our business, the way we treat our employees, the customer segment we operate in, all blend naturally into ESG. We set very high standards of corporate governance.

We have built a team that is passionate about sustainability, in order to achieve our mission of sustainable future for community. In making the start of ESG journey a successful one, the Bank continues to reinforce its focus on ESG performance and leadership. Further, we ensure to keep our purpose clear- straightforward enough to be understood by the entire corporate workforce for the way forward ahead.  As ESG is all about being transparent, we are working towards being more informative to help our stakeholders.

This microsite is a means of publicly documenting and disclosing our responsible management commitments, programs and performance each year. Throughout this website, you will see how we are working to generate long-term value and sustainable growth.

img 3

Mr. Saptarshi Bapari

Head - Investor Relations and ESG

At IDFC FIRST Bank, we believe that sustainable growth is the cornerstone of long-term value creation, aligned to our mission of building a world class Bank that serves India with integrity, purpose, and a deep sense of responsibility. The global financial ecosystem is witnessing a profound shift, where investors, regulators, and customers increasingly expect businesses to integrate Environmental, Social, and Governance (ESG) principles into their core strategy. India stands at a pivotal moment, with commitments toward net-zero and an opportunity to usher in a greener economy.

We firmly believe that we as a Bank must help in shaping a more sustainable and equitable economy at this pivotal moment, more than just facilitating financial transactions. This belief drives our strategy to integrate environmental stewardship, social impact, and robust governance into the way we operate and serve. Whether it is financing greener industries, supporting underserved segments and entrepreneurs at the grassroots, or maintaining a governance architecture with accountability, ethical rigor, and responsible growth, we are committed to making choices that create enduring impact for our customers, communities, and the country. As a responsible financial institution, we are incrementally aligning our lending and financing activities, product offerings, policies, and operations in a bigger way to foster sustainability and social good. The progressive improvement in our ESG ratings stands as testimony to our conscious efforts.

Through innovation, collaboration, and accountability, We at IDFC FIRST Bank aim to create a future where economic progress and sustainability go hand in hand. While we have made meaningful progress, we recognize that there is much more to be done. We remain committed to advancing our ESG journey and look forward to working with all stakeholders to create lasting impact.

image1

Green Deposits

Contribute to positive change by supporting eco-friendly initiaitves with your deposts, fostering a sustainable future.

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image2

Sustainable Mobility

Invest in sustainable mobility and take the first step towards a greener tomorrow with our EV loans, pre-owned car loans and bicycle financing options.

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image 3

Suvidha Shakti Loan

Loan designed specifically for your renovation needs! With IDFC FIRST Bank Suvidha Shakti Loan, you can avail credit to meet various home improvement requirements like fixing water connection, sanitation or basic repair work.

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Our Initiatives

Green Deposits
image 1

Contribute to positive change by supporting eco-friendly initiaitves with your deposts, fostering a sustainable future.

Know more
Sustainable Mobility
image 2

Invest in sustainable mobility and take the first step towards a greener tomorrow with our EV loans, pre-owned car loans and bicycle financing options.

Know More
Suvidha Shakti Loan
image 3

Invest in sustainable mobility and take the first step towards a greener tomorrow with our EV loans, pre-owned car loans and bicycle financing options.

Know More
tree image
Our Journey
FY 23
  • ESG adopted into a Board Committee
  • ESG Management and Steering Committees set up
  • ESG formed as a business unit
  • Improved S&P ESG Score (DJSI) (from 19 to 44)
  • Official participant of the United Nations Global Compact (UNGC)
  • Official supporter of the Task Force on Climate-related Financial Disclosures (TCFD)
FY 24
  • First Integrated Report published, aligned to IR framework, GRI & SASB
  • First BRSR published, aligned to SEBI
  • Formal ESG targets announced
  • Commenced and completed baselining of financed emissions
  • Customer awareness campaigns towards energy efficiency
  • Identified glide path for Net Zero
  • Board-approved GHG Emissions Management Policy
FY 25
  • Obtained BRSR Core reasonable assurance, aligned to SEBI
  • Became constituent of FTSE4Good Emerging Index
  • Became among the first banks in India to become a PCAF signatory
  • Obtained external assurance on sustainable finance categories
  • Pan-India engagement with employees on ESG initiatives
  • Launched Green Fixed Deposits and Solar Finance
FY 23
  • ESG adopted into a Board Committee
  • ESG Management and Steering Committees set up
  • ESG formed as a business unit
  • Improved S&P ESG Score (DJSI) (from 19 to 44)
  • Official participant of the United Nations Global Compact (UNGC)
  • Official supporter of the Task Force on Climate-related Financial Disclosures (TCFD)
FY 24
  • First Integrated Report published, aligned to IR framework, GRI & SASB
  • First BRSR published, aligned to SEBI
  • Formal ESG targets announced
  • Commenced and completed baselining of financed emissions
  • Customer awareness campaigns towards energy efficiency
  • Identified glide path for Net Zero
  • Board-approved GHG Emissions Management Policy
FY 25
  • Obtained BRSR Core reasonable assurance, aligned to SEBI
  • Became constituent of FTSE4Good Emerging Index
  • Became among the first banks in India to become a PCAF signatory
  • Obtained external assurance on sustainable finance categories
  • Pan-India engagement with employees on ESG initiatives
  • Launched Green Fixed Deposits and Solar Finance
tree image

Environment

At IDFC FIRST Bank, we recognise the natural environment as a vital stakeholder that provides the resources necessary for our operations. Although our direct environmental footprint is relatively modest, our extensive lending and investment ecosystem offers significant opportunities to foster positive environmental change.

Know More
img 2 social

Social

At IDFC FIRST Bank, we are committed to contributing to a thriving society, an empowered workforce and sustainable communities. Our efforts in this direction are underscored by our people-centric initiatives, strong policies processes, and a dedicated CSR programme. In everything we do, we maintain a ‘customer-first’ approach and a steadfast commitment to accelerating financial inclusion in India.

Know More
tab 3 image

Governance

The Bank firmly believes that proactive and world class governance, transparency, and accountability is the key to creating long-term value. IDFC FIRST Bank adheres to accounting and business practices, disclosure levels, prudent risk management, internal financial control, and regulatory compliance.

Know More
tree image

Enviroment

At IDFC FIRST Bank, we recognise the natural environment as a vital stakeholder that provides the resources necessary for our operations. Although our direct environmental footprint is relatively modest, our extensive lending and investment ecosystem offers significant opportunities to foster positive environmental change.

Know More
img 2 social

Social

At IDFC FIRST Bank, we are committed to contributing to a thriving society, an empowered workforce and sustainable communities. Our efforts in this direction are underscored by our people-centric initiatives, strong policies processes, and a dedicated CSR programme. In everything we do, we maintain a ‘customer-first’ approach and a steadfast commitment to accelerating financial inclusion in India.

Know More
tab 3 image

Governance

The Bank firmly believes that proactive and world class governance, transparency, and accountability is the key to creating long-term value. IDFC FIRST Bank adheres to accounting and business practices, disclosure levels, prudent risk management, internal financial control, and regulatory compliance.

Know More
ON A MISSION TO BUILD THE WORLD’S MOST
CUSTOMER FRIENDLY BANK