Tag

#financed-emissions

Annual Reports

ICICI Bank Annual Report 2025-26: A Review

ICICI Bank's report is the shortest and plainest of the big-bank reports: a 62-page integrated section built around 'Fair to Customer, Fair to Bank', a business model wheel, and financial charts that tell the story without adjectives. The costs are a leadership message with no numbers, a materiality assessment last done in fiscal 2025, a BRSR that lives on the website, and a first PCAF financed-emissions exercise whose result is not disclosed.

Annual Reports

HDFC Bank Integrated Annual Report 2025-26: A Review

HDFC Bank's 617-page report has the most rigorous materiality work we have seen, a PCAF financed-emissions study and reasonable assurance on BRSR Core, but it is far too long, its Chairman's letter buries the year's governance event, and a proofreading slip on page 151 shows the strain.