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Sustainability is an integral part of the Bank’s ethos. The Bank believes in creating enduring value for all its stakeholders while contributing to environmental sustainability and societal development.
Materiality assessment was conducted to understand material sustainability topics that are of significance to both the Bank’s business and stakeholders. The assessment sought inputs from senior management of the Bank through an analytical model to rate the relevant sustainability topics based on its significance to business and importance to stakeholders. The sustainability topics were identified based on the Bank’s vision and strategy, international frameworks such as Global Reporting Initiative (GRI) aspects and
Sustainability Accounting Standards Board (SASB) financial sector material topics, principles of National Voluntary Guidelines of Social, Environmental and Economic Responsibilities of Business (NVG-SEE), peer group reporting practices, industry thought leaderships etc. Business drivers and growth opportunities along with an understanding of stakeholder expectations and concerns gathered from existing channels of communication were used as key inputs to rate the topics.
The assessment enabled the Bank to draw a materiality matrix and assess the importance of these topics, and served as key input for the Management Committee to develop the Bank’s Sustainability Framework.
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This is to inform you that by clicking on the hyper-link/ok, you will be accessing a website operated by a third party namely mybustickets.in. Such links are provided only for the convenience of the Client and Axis Bank does not control or endorse such websites, and is not responsible for their contents. The use of such websites would be subject to the terms and conditions of usage as stipulated in such websites and would take precedence over the terms and conditions of usage of www.axisbank.com in case of conflict between them. Any actions taken or obligations created voluntarily by the person(s) accessing such web sites shall be directly between such person and the owner of such websites and Axis Bank shall not be responsible directly or indirectly for such action so taken. Thank you for visiting www.axisbank.com
The Bank's Sustainability Framework is a stakeholder centric framework that seamlessly integrates into its long term vision and strategy.
Consistently enhance customer service by focusing on customer experience, innovation and quality assurance to deliver superior Axis Banking Experience
Shareholders & Providers of Capital
Actively engage with Shareholders and Providers of Capital to create enduring value
Create and sustain diverse work culture through improving organisational effectiveness, providing safe and ethical work environment, and maintaining stability amidst the rapidly changing business environment and growth
Promote environmental sustainability and equitable frowth through sustainable lending practices Reduce impacts on environment on account of own operations by actively managing our environmental footprint and supporting customers to make
‘green banking’ choices
Create and sustain mechanism that will propagate sustainable livelihoods and contribution back to sociaty across various segements
Each pillar of the Sustainability Framework has clear objective statements and supported by implementation initiatives. At the apex level, the Board’s Committee of Whole-time Directors oversees the sustainability agenda and the Management Committee at executive level reviews the implementation of the Sustainability Framework.