YES BANK, India's fourth largest private sector Bank, has been awarded the prestigious Golden Peacock Global Award for Sustainability, 2012 at the London Global Convention and Golden Peacock Awards presentation held in London. The award was based on three key parameters - Responsiveness of organizational strategy to needs of different stakeholders, Integration of Sustainable Development issues with corporate functioning and Development of innovative partnership models to fulfill social responsibility.
On receiving the accolade, Rana Kapoor, Managing Director & CEO, said, "This Award is a strong endorsement of YES BANK's mainstreaming sustainable finance and value creation through customized financial solutions. This eminent recognition has come at an opportune time when sustainable development and social responsibility are becoming critical elements for businesses in India. It positions YES BANK alongside the best Sustainable Businesses in India and potentially in the world."
The Golden Peacock Awards, instituted by Institute of Directors in 1992, are now regarded as holy-grail of Corporate Excellence worldwide.