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Bank of Baroda aims to achieve net-zero target by 2057

The move reinforces the bank`s long-standing commitment to promoting responsible and sustainable banking practices, mitigating ESG risks and seizing opportunities for a low-carbon future, Bank of Baroda said in a release. "In line with the theme for Earth Day 2025, `Our Power, Our Planet`, that highlights the importance of renewable sources of energy, Bank of Baroda would prioritise financing to renewable energy," it said. In its efforts to contribute towards a greener planet, the bank has also planted over 30,000 trees in 2025 till date on behalf of its customers for every auto and home loan disbursed under its `Plant a Tree` programme. "The unveiling of our ESG policy and our net-zero commitment is a reflection of the importance that the bank places on being a responsible corporate citizen through contributing meaningfully to the environment, promoting social well-being, and maintaining the highest standards of governance," said Debadatta Chand, Managing Director and CEO, Bank of Baroda. The bank said it has introduced a range of sustainable finance products such as Green Deposits, Residential Rooftop Solar Loan Scheme and the Green Hydrogen Financing Scheme. PTI NKD ANU 04231714

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