ICICI Bank has reported a sharp expansion in its social and environmental commitments for FY24-25, with total beneficiaries reaching 1.89 crore, according to its latest Environmental, Social, and Governance (ESG) Report. The Bank allocated ₹801 crore towards CSR, a 54% rise from ₹519 crore in the previous year, signaling stronger long-term investments in sustainable development.
Women’s empowerment through Self-Help Groups (SHGs) remained a key driver, with 10 lakh women supported in FY25, pushing cumulative beneficiaries to 1.1 crore. Rural market linkages also strengthened with 91 lakh people benefitting from skill development, agriculture, and micro-enterprise programmes. On healthcare, the Bank facilitated treatment for 4 lakh individuals via 550 partner hospitals and pledged ₹1,800 crore to Tata Memorial Centre for three new cancer hospitals.
In Guwahati, ICICI Bank’s initiatives are viewed as critical in expanding financial literacy and access to credit. Local SHGs and small traders highlight that enhanced rural credit pipelines and women-led entrepreneurship are creating new business avenues and increasing market activity in Assam’s semi-urban clusters.
Environmental investments included creating 3,387 crorelitres of water harvesting capacity, restoring 17,453 water bodies, and planting 12 lakh trees. ICICI Bank reaffirmed its carbon neutrality target for Scope 1 and 2 emissions by FY2032, strengthening its ESG integration into market operations.
