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Insurance Services
IN
updated 7 months ago

SBI General Insurance Company Limited

Company website

SBI General Insurance Company Limited, a prominent player in the Indian insurance sector, is headquartered in Mumbai, India. Established in 2010, the company has rapidly evolved, offering a diverse range of insurance products, including health, motor, travel, and home insurance. SBI General stands out for its customer-centric approach and innovative solutions tailored to meet the unique needs of its clients. With a strong presence across major operational regions in India, SBI General has garnered a reputation for reliability and trustworthiness. The company has achieved significant milestones, including recognition for its robust claims settlement process and digital initiatives that enhance customer experience. As a subsidiary of the State Bank of India, SBI General Insurance continues to solidify its market position, making it a preferred choice for millions seeking comprehensive insurance coverage.

DitchCarbon Score

How does SBI General Insurance Company Limited'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.

55

Industry Average

Mean score of companies in the Insurance Services 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.

29

Industry Benchmark

SBI General Insurance Company Limited's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.

74%

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SBI General Insurance Company Limited's reported carbon emissions

Inherited from State Bank of India

SBI General Insurance Company Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of the State Bank of India, which may influence its climate commitments and emissions reporting. As of now, SBI General Insurance has not set any documented reduction targets or climate pledges. The absence of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given its relationship with the State Bank of India, any potential emissions data or climate commitments may be inherited from this parent organisation. However, no specific figures or targets have been cascaded down from the State Bank of India to SBI General Insurance at this time. In summary, while SBI General Insurance Company Limited is part of a larger corporate family that may have climate initiatives, it currently lacks detailed emissions data and defined reduction targets.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201920202021202220232024
Scope 1
418,000
000,000
000,000
000,000
000,000,000
000,000,000
Scope 2
1,163,367,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
Scope 3
181,822,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SBI General Insurance Company Limited's primary industry is Insurance and pension funding services, except compulsory social security services (66), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for SBI General Insurance Company Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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 General Insurance Company Limited is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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