Punjab National Bank Inducts Tata Nexon EV Fleet to Drive Sustainable Mobility
As part of the initiative, the Bank has introduced 12 Tata Nexon EV vehicles for use by senior executives
Punjab National Bank (PNB), one of India’s leading public sector banks, has taken a significant step towards sustainability by inducting electric vehicles into its official fleet, reinforcing its commitment to reducing carbon emissions and promoting green mobility.
As part of the initiative, the Bank has introduced 12 Tata Nexon EV vehicles for use by senior executives, marking a key milestone in its journey towards environmentally responsible operations.
The EV fleet was formally flagged off by MD & CEO Ashok Chandra, along with Executive Directors M. Paramasivam, Bibhu Prasad Mahapatra, D. Surendran, and Amit Kumar Srivastava, in the presence of senior officials and representatives from Tata Motors.
Speaking on the occasion, CGM Vishesh Kr Srivastava highlighted the importance of sustainable practices, stating that the adoption of electric mobility solutions will help reduce greenhouse gas emissions, decrease reliance on fossil fuels, and contribute to a cleaner and healthier environment.
He further noted that the initiative aligns with PNB’s broader Environmental, Social, and Governance (ESG) goals and supports India’s transition towards sustainable development.
Key Objectives of the Initiative
- Promote adoption of electric mobility in India
- Reduce carbon footprint and operational emissions
- Encourage sustainability across the banking ecosystem
- Inspire employees and stakeholders to adopt eco-friendly practices
With this move, PNB reinforces its position as a responsible financial institution, integrating sustainability into its core operations while contributing to a greener and more sustainable future.
