SBI Wins Golden Peacock Award for Sustainability and CSR

State Bank of India won the prestigious Golden Peacock Award for Sustainability (GPAS) and Corporate Social Responsibility (CSR) for the first time in the same financial year. The award was received by Shri Vinod Pande, General Manager (CC&C) from Smt. Rajashree Birla & Rt Hon’ble Baroness Verma, Minister for Energy & Climate Change Govt. of UK. Shri Ashwini Mehra, Deputy Managing Director and CDO and Shri Arvind Gupta, Dy. General Manager (CSR) were also present at the ceremony.

Shri. Ashwini Mehra, Deputy Managing Director and CDO interacting with the audience on ‘Board’s Responsibility for CSR’, during 9th International Conference on Corporate Social Responsibility & Presentation of Golden Peacock Awards in Mumbai

Golden Peacock receives the highest recognition & patronage from businesses and industries across the globe. On the eve of its silver jubilee year, the Institute of Directors (IoD) launched the ‘Winners’ Digest’ which covers the exceptional initiatives of the winners. SBI’s case study on CSR received high appreciation from the corporate world.

The prestigious Golden Peacock Award for CSR was conferred on SBI on 19th January 2014, during the 9th International Conference on CSR at Mumbai. The Award was received by Shri Vinod Pande, General Manager (CC&C) from Smt. Rajashree Birla & Rt Hon’ble Baroness Verma, Minister for Energy & Climate Change Govt. of UK. Seen in the picture are Lt. Gen. J. S. Ahliwallia, President, Institute of Directors & Shri Arvind Gupta, Dy. General Manager (CSR)

The award nominations were assessed at three levels by independent assessors and finally by the grand jury. Justice P.N. Bhagavati, former Chief Justice of Supreme Court of India, is the Chairman Emeritus of Golden Peacock Awards, Justice (Dr) Arijit Pasayat, former Judge, Supreme Court of India is the Chairman of Golden Peacock Awards. The coveted award was conferred on SBI after screening of more than 1200 nominations by the expert evaluation committee and eminent jury. The nomination submitted by the Corporate Communication & Change Department (CC&C) was adjudged as the best presentation in Banking & Finance category on CSR.

This phenomenal achievement evidenced SBI’s commitment to achieve world class status in sustainability.