Bank Of India has informed the Exchange regarding 'Business Responsibility & Sustainability Report for the FY 2025-26'.
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Bank of India has filed its Business Responsibility & Sustainability Report for FY 2025-26, mandatory under SEBI LODR Regulation 34, with reasonable assurance by JointValues ESG Services. The report covers 51,010 permanent employees (29.9% women), operations across 28 states and 10 countries through 5,533 offices. The bank reported turnover of Rs. 85,035.54 crore and net worth of Rs. 75,278.11 crore. Key ESG highlights include a 63% Scope 1 & 2 emission reduction target by FY34-35, green finance mobilization target of Rs. 1 lakh crore by 2035, and CareEdge ESG-1 rating (74.5 score). The bank mobilized Rs. 963 crore via Green Deposits and has green finance exposure exceeding Rs. 14,000 crore. Eight material ESG issues were identified including data privacy (risk), financial inclusion (opportunity), and GHG emissions management (opportunity).
The filing demonstrates Bank of India's commitment to ESG disclosures and sustainability, with clear climate targets and green finance goals. This strengthens investor confidence in governance and long-term risk management, particularly relevant for ESG-focused investors in PSU banking sector.