Awaiting price reaction for this filing.
Bank of Baroda has submitted its third annual Business Responsibility and Sustainability Report (BRSR) for FY 2024-25, as required under SEBI LODR Regulation 34. The bank reported turnover of Rs. 1,38,088.97 crore and net profit of Rs. 1,15,457.35 crore, with business mix led by Corporate Banking (38.03%), Retail (29.19%), MSME (16.04%) and Agriculture (15.53%). Key sustainability highlights include a Net Zero target by 2057, an upgraded ESG rating to 'Strong' (as of December 2024), launch of the BoB Green Hydrogen Financing Scheme (a first in the banking industry), and Rs. 1,063.38 crore raised under the BoB Earth Green Fixed Deposit. The bank has 74,328 employees (26.50% women, 2,271 differently-abled), 8,686 national offices, operations in 17 countries, and reported 3 IGBC Green Building certifications with 274 branches on renewable energy.
This is a routine annual compliance filing with no direct financial impact on shareholders. However, it strengthens Bank of Baroda's ESG positioning, supports access to sustainability-focused investors, and reinforces its green financing growth strategy.