At YES BANK, we believe sustainability must guide the entire organisation to achieve meaningful, long-term outcomes

In today’s climate-conscious world, how do you see the role of businesses evolving?

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Climate change is disrupting the business-as-usual approach and forcing us to redefine the paradigms of the 21st century economy. Businesses are increasingly being held accountable, not just for their financial performance but also their environmental and social impacts. In addition to bottom-line growth, the new-age organization is expected to deliver on a more holistic, triple-bottom-line, by creating positive value across the spheres of people, planet and profits. As the corporate sector responds to calls from investors and regulators for enhanced Environmental, Social and Governance (ESG) performance and disclosures, we can expect more companies to integrate ESG and climate principles into their governance frameworks, operations, products and services, and their value chains. As custodians of capital, financial institutions will also have to play a central role in embedding climate considerations into the movement of financial flows within the larger economy.

Which breakthroughs in sustainability or climate action do you predict will have the biggest impact on corporate decision-making?