This profile hasn't yet passed our validation checks
Submit your email to push it up the queue
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 Services Auxiliary to Financial Intermediation 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 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
SBI Card's reported carbon emissions
In 2024, SBI Card reported total greenhouse gas emissions of approximately 2,580,950 kg CO2e, all of which were classified under Scope 2 emissions, indicating indirect emissions from purchased electricity. The company has not reported any Scope 1 emissions, which pertain to direct emissions from owned or controlled sources. For the previous year, 2023, SBI Card's emissions were also approximately 2,580,950 kg CO2e for Scope 2, alongside significant Scope 3 emissions of about 40,000,465 kg CO2e, which encompass all other indirect emissions not included in Scope 2. In 2022, the Scope 2 emissions were slightly higher at approximately 2,740,190 kg CO2e, with Scope 3 emissions reported at about 43,991,979 kg CO2e. SBI Card has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 50% by 2030, using 2018 as the base year. This target has been approved by the Science Based Targets initiative (SBTi) and reflects the company's commitment to align with the 1.5°C climate goal. The company also intends to measure and reduce its Scope 3 emissions, although specific targets for these emissions have not been detailed. It is important to note that the emissions data and climate commitments are cascaded from its parent company, SBI Cards and Payment Services Limited, which is the source of the reported figures and initiatives.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 | 00,000,000.00 | - |
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 participating in some of the initiatives that 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.
