ICICI Bank has reported a significant expansion of its social and environmental initiatives, impacting 1.89 crore lives during FY24-25, according to its Environmental, Social, and Governance (ESG) Report. The Bank allocated ₹801 crore towards Corporate Social Responsibility (CSR) in FY25, marking a 54% increase from ₹519 crore in the previous year.
Women’s empowerment remained a core focus, with 10 lakh women supported through Self-Help Groups (SHGs), raising the total beneficiaries to 1.1 crore. Skill development, agriculture, and micro-enterprise programmes benefitted over 91 lakh people, boosting rural livelihoods. In healthcare, ICICI Bank partnered with 550 hospitals to facilitate treatment for 4 lakh individuals and committed ₹1,800 crore to Tata Memorial Centre for establishing three new cancer hospitals. Environmental efforts included creating 3,387 crorelitres of water harvesting capacity, restoring 17,453 water bodies, and planting 12 lakh trees. In Bihar, traditional ahar-pyne systems revived 11,973 acres of farmland, while watershed projects in Maharashtra improved 1,295 acres.
In Guwahati, the Bank’s initiatives are seen as a positive boost to financial literacy and rural entrepreneurship. Local traders and SHG members noted that improved access to credit and skills training are creating new opportunities for small businesses and women-led enterprises in Assam. ICICI Bank reaffirmed its goal of achieving carbon neutrality for Scope 1 and 2 emissions by FY2032, aligning governance with sustainable growth.