Canara Bank has informed the Exchange regarding 'BUSINESS RESPONSIBILITY &SUSTAINABILITY REPORT(BRSR)'.
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Canara Bank has filed its Business Responsibility & Sustainability Report (BRSR) for FY 2025-26 under SEBI LODR regulations. The bank operates 10,337 branches pan-India with 6 overseas centers across 4 countries. The bank reported a turnover of INR 1,53,204 crore and net worth of INR 1,03,453.87 crore with 81,834 employees (32.51% female representation). Key sustainability commitments include a carbon neutrality plan for Scope 1 and 2 emissions by FY 2035, net-zero target by 2070, and 24.15% reduction in total energy consumption. The bank has installed 4,133 kWp rooftop solar capacity and maintains ISO 27001:2022 certification. Reasonable assurance was obtained on BRSR Core from Mr. Swayambhu Viswanathan. While CSR under Section 135 of Companies Act is not legally applicable to banks, Canara Bank has adopted a strategic CSR approach voluntarily.
This regulatory ESG disclosure demonstrates Canara Bank's commitment to sustainability and responsible banking practices. The carbon neutrality pledge by 2035 and strong governance disclosures are positive signals for ESG-focused investors. The bank's focus on financial inclusion across diverse customer segments including rural, agricultural, and underserved communities reinforces its social responsibility positioning.