According to its FY25 ESG report, ICICI Bank’s corporate social responsibility (CSR) budget climbed from Rs 519 crore in FY24 to Rs 801 crore in FY25. The bank continued to prioritise projects that benefited society through the ICICI Foundation for Inclusive Growth. The bank-funded initiatives focused on community development, rural livelihoods, skill development, and healthcare in partnership with other partners. The bank’s operations and main business strategy are integrated.

“We have built a strong environmental, social, and governance framework in line with our mission to promote sustainable growth,” the bank stated in the report. According to the bank, it has taken steps, including adopting renewable energy and acquiring international renewable energy credits of 11,000 MWh, in order to reach carbon neutrality in scope 1 and scope 2 emissions by 2032. On the social front, the outreach programme concentrated on healthcare infrastructure, education, skill development, and livelihood creation.

The chairman of ICICI Bank, Pradeep Kumar Sinha, stated, “We will keep stepping up our efforts to promote long-term, comprehensive progress for our shareholders.” Seven committees oversee the private lender on a regular basis. A computerised solution for managing ESG data, calculating emissions, and tracking goals has also been introduced.

A number of programmes were implemented in FY25 to assist farmers and increase agricultural output in different states. The report contains case studies pertaining to these. In FY25, the bank invested Rs 1.41 billion in skill training and value chain development initiatives to promote food security and eradicate hunger.