PNB's PALAASH: Green Sustainability Drive

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by KnowESG
KnowESG_Punjab National Bank creating a greener future
Image courtesy of Punjab National Bank

Punjab National Bank (PNB), a leading Public Sector Bank in India, has introduced "PNB Palaash," an eight-month environmental campaign aimed at embracing sustainability.

The initiative aims to achieve cost savings and operational efficiencies through various measures, including energy and resource conservation, paper reduction, waste management, and streamlined digital processes.

Recognising the importance of integrating sustainability into all aspects of life, Shri Atul Kumar Goel, PNB MD & CEO, expressed, "As a prominent bank in the industry, undertaking environmentally friendly initiatives not only aligns with our corporate social responsibility but also presents significant opportunities for business growth. The primary goal of this project is to actively contribute to conservation efforts, promote sustainable practices, and encourage employee engagement."

As part of this initiative, more than one lakh PNB employees will plant a minimum of two saplings. The campaign includes several themes such as Digi Branches, Green Data Center, Electrical Vehicle Finance, Green Project Finance, Recycling Camps, Tree Plantation Drive, Paper Conservation Drive, Energy Conservation Olympics, and more.

This campaign aligns with the Reserve Bank of India's (RBI) vision of sustainable finance and the sixth iteration of Enhanced Access and Service Excellence (EASE 6.0), an initiative by the Department of Financial Services (DFS).

The event witnessed the presence of PNB MD & CEO Shri Atul Kumar Goel, PNB EDs Shri Kalyan Kumar, Shri Binod Kumar, and Shri M Paramasivam, along with CGMs at HO, Zonal Managers, and other staff members of the PNB Pariwaar.

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