SBI Card
SBI Card, officially known as State Bank of India Card, is a leading player in the Indian financial services industry, headquartered in Gurugram, Haryana. Established in 1998, SBI Card has rapidly evolved to become one of the largest credit card issuers in India, serving millions of customers across the country. The company offers a diverse range of credit card products tailored to meet various consumer needs, including rewards, travel, and lifestyle cards. What sets SBI Card apart is its strong affiliation with the State Bank of India, providing customers with a trusted brand and extensive banking network. With a commitment to innovation, SBI Card has achieved significant milestones, including the introduction of contactless payment solutions and a robust digital platform. Its market position is reinforced by a growing customer base and a reputation for excellent service, making it a prominent name in the Indian credit card landscape.
DitchCarbon Score
How does SBI Card's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
SBI Card's score of 32 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SBI Card's reported carbon emissions
In 2023, SBI Card reported total carbon emissions of approximately 46,000,000 kg CO2e, with Scope 2 emissions accounting for about 2,740,190 kg CO2e and Scope 3 emissions reaching approximately 43,991,980 kg CO2e. Notably, the Scope 3 emissions included significant contributions from purchased goods and services (about 35,401,890 kg CO2e) and employee commuting (approximately 16,015,170 kg CO2e). Comparatively, in 2024, SBI Card's emissions decreased slightly, with Scope 2 emissions at about 2,580,950 kg CO2e and Scope 3 emissions at approximately 40,000,470 kg CO2e. This indicates a positive trend in managing their carbon footprint, particularly in reducing Scope 2 emissions from 2,740,190 kg CO2e in 2023 to 2,580,950 kg CO2e in 2024. SBI Card has not specified any formal reduction targets or climate pledges, which suggests a potential area for improvement in their climate strategy. The absence of documented reduction initiatives highlights the need for enhanced commitments to address their carbon emissions comprehensively.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | - | - |
| Scope 2 | 5,077,110 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | - | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
SBI Card is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
