Latest news with #ResidentialRooftopSolarLoanScheme
Time of India
24-04-2025
- Business
- Time of India
Bank of Baroda aims to achieve net-zero target by 2057
Bank of Baroda has announced its Environment, Social, and Governance (ESG) policy and aspiration to achieve net-zero emissions by 2057. The move reinforces the bank's long-standing commitment to promoting responsible and sustainable banking practices, mitigating ESG risks and seizing opportunities for a low-carbon future, Bank of Baroda said in a release. "In line with the theme for Earth Day 2025 , 'Our Power, Our Planet', that highlights the importance of renewable sources of energy, Bank of Baroda would prioritise financing to renewable energy," it said. In its efforts to contribute towards a greener planet, the bank has also planted over 30,000 trees in 2025 till date on behalf of its customers for every auto and home loan disbursed under its 'Plant a Tree' programme. "The unveiling of our ESG policy and our net-zero commitment is a reflection of the importance that the bank places on being a responsible corporate citizen - through contributing meaningfully to the environment, promoting social well-being, and maintaining the highest standards of governance," said Debadatta Chand, Managing Director and CEO, Bank of Baroda. The bank said it has introduced a range of sustainable finance products such as Green Deposits, Residential Rooftop Solar Loan Scheme and the Green Hydrogen Financing Scheme.
Time of India
23-04-2025
- Business
- Time of India
Bank of Baroda aims to achieve net-zero target by 2057
Bank of Baroda has announced its Environment, Social, and Governance (ESG) policy and aspiration to achieve net-zero emissions by 2057. The move reinforces the bank's long-standing commitment to promoting responsible and sustainable banking practices, mitigating ESG risks and seizing opportunities for a low-carbon future, Bank of Baroda said in a release. "In line with the theme for Earth Day 2025 , 'Our Power, Our Planet', that highlights the importance of renewable sources of energy, Bank of Baroda would prioritise financing to renewable energy," it said. In its efforts to contribute towards a greener planet, the bank has also planted over 30,000 trees in 2025 till date on behalf of its customers for every auto and home loan disbursed under its 'Plant a Tree' programme. "The unveiling of our ESG policy and our net-zero commitment is a reflection of the importance that the bank places on being a responsible corporate citizen - through contributing meaningfully to the environment, promoting social well-being, and maintaining the highest standards of governance," said Debadatta Chand, Managing Director and CEO, Bank of Baroda. The bank said it has introduced a range of sustainable finance products such as Green Deposits, Residential Rooftop Solar Loan Scheme and the Green Hydrogen Financing Scheme.
