GROWING RESPONSIBLY

Accelerating Climate Action

Climate change presents both risks and opportunities for financial institutions. We are strengthening climate resilience across our operations and lending portfolios by integrating climate considerations into risk management, financing decisions and stakeholder engagement. Our climate-related governance, risk management and disclosure practices are aligned with the recommendations of the TCFD framework, and we continue to strengthen our reporting in line with evolving global standards.

Our approach includes:

• Climate risk assessment integrated into lending processes

• Monitoring of high-carbon sector exposures

• Responsible transition financing

• Support for climate-resilient businesses and infrastructure

• Supporting a Just Transition: As part of our climate strategy, the Bank continues to enhance oversight of carbon-intensive sectors through risk-based portfolio monitoring, climate assessment and responsible transition financing.

Recognising the critical role of the financial sector in addressing climate change, RBL Bank is advancing its journey towards net zero through operational decarbonisation, renewable energy adoption and responsible financing.

Our approach is built around two priorities:

Decarbonising Operations

• Increasing renewable energy consumption

• Improving energy efficiency across facilities

• Reducing operational emissions

Managing Climate Risks

• Integrating climate considerations into lending decisions

• Monitoring carbon-intensive sectors

• Strengthening climate risk assessment and governance

Net Zero Targets

• Net Zero Operational Emissions by FY 2033-34

We continue to improve the environmental performance of our operations through renewable energy adoption, energy efficiency initiatives, green building certifications and resource conservation.

Key Highlights FY26:

• 11 % Renewable Energy Consumption

• 319 MWh Solar Energy Generated powering 23 Branches

• 1856 tCO₂e Emissions Avoided

• 56% Green Certified Offices as a % of total offices

Financing the Transition

As a responsible financial institution, we actively support environmentally sustainable projects and businesses that contribute to decarbonisation, resource efficiency and climate resilience.

Green Finance Portfolio

• INR 6,299 Cr Green Finance Portfolio

• INR 5,969 Cr Renewable Energy Financing (part of Green Finance Portfolio)

Focus sectors include renewable energy, green buildings, electric mobility, sustainable agriculture and energy efficiency.

Biodiversity conservation forms an important part of our Environmental and Social Risk Management Framework.

• Through our exclusion framework, we do not support activities that may have significant adverse impacts on ecologically sensitive areas, biodiversity-rich habitats or protected ecosystems

• Project Vaneekaran Growing Green Communities

Through Project Vaneekaran, RBL Bank contributes towards ecological restoration and community-led environmental stewardship through plantation initiatives

The initiative supports:

• Afforestation and green cover enhancement

• Biodiversity conservation

• Climate resilience

• Community participation and environmental awareness

• 8,000 Trees Planted Under Project Vaneekaran

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Financing Sustainable Growth

RBL Bank supports India's sustainable and inclusive growth agenda through a combination of Priority Sector Lending (PSL) and Sustainable Finance solutions. We finance sectors that drive economic development, financial inclusion and environmental sustainability, while integrating ESG considerations into our lending decisions.

Our Focus Areas:

Priority Sector Lending

• Agriculture and allied activities

• MSMEs

• Affordable housing

• Financial inclusion

Green Finance

• Renewable energy projects

• Electric mobility and EV infrastructure

• Sustainable agriculture

• Green buildings and energy-efficient infrastructure

Through responsible financing and robust environmental and social risk management practices, we support India's transition towards a more sustainable, resilient and low-carbon economy.

Responsible banking requires responsible decision-making.

Our Environmental and Social Management System (ESMS), aligned with IFC Performance Standards, helps identify, assess and manage environmental and social risks associated with financing activities.

Our Approach

• IFC-aligned exclusion framework

• Environmental and social due diligence

• Climate risk screening

• Sector-specific risk reviews

• Coal financing restrictions

• Portfolio monitoring and governance oversight

Read our Environmental & Social Risk Policy

We believe that financial empowerment is essential for inclusive growth.

Through financial literacy programmes, awareness campaigns and community engagement initiatives, we work towards improving financial awareness and enhancing access to responsible financial services for underserved communities.

Key themes include:

• Digital banking awareness

• Personal financial management

• Responsible borrowing

• Financial inclusion for underserved groups

• Total Number of beneficiaries: 2,44,730 (Digitally) and 5,875 (through Branches)

Strengthening Communities Through CSR

Our Corporate Social Responsibility programmes focus on creating meaningful and measurable impact across education, health, livelihood enhancement, environmental sustainability and community development.

Explore our CSR Initiatives

We believe that diversity strengthens innovation, enriches perspectives and improves organisational resilience.

Our focus areas include:

• Gender diversity

• Inclusive hiring

• Leadership development

• Employee wellbeing

• Accessibility and inclusion

• Equitable workplace practices

Diversity Highlights FY26:

• 22 % Women Workforce (Total)

• 25 % Women in Leadership Roles

• 24 Employees with Disabilities Across the Workforce

We continue to strengthen female participation across the organisation through targeted initiatives and leadership development programmes.

Key Programmes

• 2X Challenge: Focused on increasing women's participation and representation across the workforce.

• RETAKE Programme: Supporting experienced women professionals returning to the workplace after career breaks.

• Women Leadership Development (WLDP): Building future-ready women leaders through structured development and mentoring interventions.

Inclusion goes beyond representation.

We continue to strengthen workplace policies, awareness programmes and employee engagement initiatives that foster respect, belonging and equal opportunity for all employees.

Our initiatives include:

• Diversity sensitisation programmes

• Inclusive workplace policies

• Leadership accountability

• Employee wellbeing initiatives

Establishing the Building Blocks of Sustainability

RBL Bank's ESG journey began with the integration of sustainability principles into governance, risk management and community engagement practices.

Governance & Risk

• Sustainability Policy adopted in June 2013 in response to IFC's equity investment.

• Environmental & Social (E&S) risk assessment process initiated.

• ESG Committee established.

• Structured and supervised E&S risk assessment process formalized.

Social Impact

• Launch of the 'Saksham' Financial Literacy Programme across Gujarat, Maharashtra and Goa.

• Financial Literacy Programme expanded to Madhya Pradesh in partnership with BII (formerly CDC Group).

Responsible Business

• Sustainable agribusiness financing commenced.

From Commitments to Measurable Outcomes

The Bank strengthened transparency, expanded community outreach and began reporting on its sustainability performance.

Reporting & Disclosure

• First Business Responsibility Report (BRR) published.

• First Sustainability Report (for FY2017-18) published.

Social Impact

• Impact assessment of the Madhya Pradesh Financial Literacy Programme demonstrated positive behavioural changes among beneficiaries.

• Phase I of the Bihar Financial Literacy Programme implemented.

• 31,452 women customers trained under the Bihar programme.

Inclusive Growth

• Diversity and Inclusion practices mainstreamed across the organization.

Sustainable Finance

• Financing provided for solar home lighting solutions benefiting people living in off-grid areas.

Embedding ESG into Business Strategy

ESG considerations became increasingly integrated into workforce strategy, reporting and organizational culture.

People & Culture

• Phase II of the Bihar Financial Literacy Programme implemented, focusing on one-on-one training for beneficiary families.

• Multi-pronged diversity programme launched.

• Gender diversity initiatives "2X" and "RETAKE" announced.

Reporting Leadership

• Second Sustainability Report published.

• First Annual Integrated Report published, aligned with Integrated Reporting () principles and GRI Standards.

Driving Climate Resilience, Enhanced Disclosure and ESG Credibility

The Bank strengthened climate governance, improved sustainability disclosures and enhanced the credibility of ESG reporting through robust measurement and assurance practices.

Climate Strategy

• First Business Responsibility and Sustainability Report (BRSR) published.

• Aligned our climate-related governance, risk management and disclosure practices with the recommendations of the TCFD framework and continue to strengthen our reporting in line with evolving global standards.

• Climate risks integrated into E&S risk assessments.

• Climate-related KPIs incorporated into annual goals of select employees.

• Board-approved exposure thresholds established for high carbon-intensive industries.

• Coal Policy adopted.

Reporting Excellence

• Responses submitted to CDP Climate Change and S&P Global ESG Assessment.

• Enhanced BRSR disclosures with greater detail and transparency.

• First external assurance of the BRSR Core Framework completed.

• Refined and more detailed methodologies adopted for greenhouse gas emissions calculations.

People & Impact

• Gender diversity target revised to 30% by 2027.

• A cumulative 15,687 women trained through Financial Literacy Programmes as of May 2025.

• Exposure to high carbon-intensive sectors successfully maintained within Board-approved thresholds.