Bank of Baroda Financial Performance FY23
ESG Initiatives.....2/2
Governance
Bank has a 'Code of Ethics' which is a landmark initiative for a Public Sector Bank. It follows a
stakeholder centric approach and reaffirms the Bank's commitment to each of our stakeholders.
It also underlines the Bank's responsibility to protect the environment and play a part in
transition towards a low carbon and resource efficient economy.
➤ As a step towards enhanced disclosures pertaining to ‘Environment, Social & Governance
(ESG)' parameters, the Bank will file its maiden 'Business Responsibility and Sustainability
Report (BRSR)' for FY23 as per SEBI guidelines.
In order to embed the sustainability culture across the organisation, the Bank has constituted an
independent CSR & Sustainability Committee of the Board to oversee implementation of CSR
initiatives, sustainable strategies, policies and practices.
The Bank also has a comprehensive 'Business Responsibility & Sustainable Development
Manual (BRSD)' available on the website which emphasises on the Bank's commitment towards
various ESG initiatives.
Bank considers its employees as the most valuable assets and has been continuously undertaking
multiple initiatives for ensuring better employee engagement. This has resulted in fetching
recognition as "Great Place to Work' for the Bank consecutively for second time in a row by
'Great Employers Pvt. Ltd.', known as 'Great Place to Work Institute' world-wide, which is a
gold standard recognition for recognizing work place culture in organizations around the globe.
➤ The Bank strives to enhance Employee Engagement through various Pro-Employee Initiatives
which are crafted based on the inputs received during 'Voice of Barodians' Employee
Engagement Surveys. The fourth edition of the survey 'Voice of Barodians 2023' was
launched which recorded the highest ever employee participation rate of 96.91%. Bank
recorded the highest ever Employee Engagement Score of 75%.
© 2023 Bank of Baroda. All Rights Reserved
B
बैंक ऑफ़ बड़ौदा
Bank of Baroda
Great
Place
To
WorkⓇ
Certified
MAR 2023 - MAR 2024
INDIA
VOICE OF
TM
विजया
VIJAYA
BARODIANS
SURVEY
मेना
DENA
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