Mumbai, August 11, 2025: ICICI Bank, in its Environmental, Social, and Governance (ESG) Report for FY24-25, announced that its social impact and sustainability programmes reached 1.89 crore people in 2024–25. The Bank’s Corporate Social Responsibility (CSR) expenditure rose by 54% to ₹801 crore from ₹519 crore in the previous year, reflecting an increased focus on community development.
In FY25, the Bank’s women empowerment initiatives supported 10 lakh women through Self-Help Groups (SHGs), enabling access to credit, improving financial literacy, and creating sustainable livelihoods in rural and semi-urban areas. Since inception, the programme has benefitted 1.1 crore women. Over 91 lakh people also gained from programmes in skill development, agriculture, and micro-enterprises, contributing to improved rural incomes.
In healthcare, ICICI Bank partnered with 550 hospitals to facilitate medical treatment for 4 lakh individuals, taking the total healthcare beneficiaries to over 25 lakh. It also increased its support to the Tata Memorial Centre to ₹1,800 crore for setting up three new cancer hospitals across India.
Environmental conservation continued to be a key focus. The Bank created water harvesting capacity of 3,387 crore litres, restored 17,453 water bodies, and implemented rainwater harvesting systems in 9,690 schools in FY25. It planted 12 lakh trees during the year, bringing the total to 49 lakh trees since FY22. Projects included forest conservation in Madhya Pradesh, Maharashtra, Rajasthan, Andhra Pradesh, and Telangana, as well as the revival of traditional ahar-pyne systems in Bihar’s Gaya district, benefitting over 11,973 acres of farmland. In Maharashtra, watershed development improved 1,295 acres and supported 370 households.
On the governance front, ICICI Bank expanded its ESG risk assessment tool to more sectors and incorporated ESG criteria into credit evaluations for large corporate proposals. It also introduced sector-specific ESG analysis for hard-to-abate industries, reinforcing its commitment to sustainability. The Bank aims to achieve carbon neutrality for Scope 1 and Scope 2 emissions by FY2032.
ICICI Bank’s FY25 ESG initiatives reflect its commitment to strengthening community infrastructure, expanding access to essential services, and advancing India’s sustainable growth by embedding social, environmental, and governance considerations into its core operations.
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