BSEMediumPositive
Announced Thu, 1 May · 12:37 IST

Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015- Core ESG Ratings

Business Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

YES Bank has received its first-ever Core ESG Rating from Crisil ESG Ratings & Analytics Ltd, a SEBI-registered ESG Rating Provider. The bank was assigned a score of 'Crisil Core ESG 69' based on its FY 2023-24 public disclosures. Importantly, YES Bank did not engage Crisil for this rating — it was independently assigned by the rating agency on its own initiative. The disclosure is being made under SEBI's Listing Obligations regulations.

Likely market impact

This is a neutral-to-positive signal for investors, as it shows external validation of YES Bank's ESG practices. However, the bank did not solicit the rating, which means investors should evaluate the score independently against peers before drawing strong conclusions about sustainability performance.