Highlights

10

Committees to provide necessary directions

Independence of the Board
Independent Directors constitute a majority on most committees and chair most committees

Performance Evaluation of the Board
The Bank has a formal evaluation framework for assessing the performance of the Board and its Committees

Regular oversight through seven Committee meetings in the year

Introduced digital tool for ESG data management, calculation of emissions, monitoring of targets and reporting

Assessed potential impact of extreme natural disasters at the Bank's key primary and alternate locations

Checklist used for capturing borrower-level data on ESG and climate was extended to 20 sectors from 16

Developed sector-specific ESG risk assessment tool for lending proposals above a certain threshold

Re-examined the key ESG-related material topics to identify priority areas considered important for stakeholders