SBI Group

For the financial year 2024, SBI Group, headquartered in JP and operating in financial intermediation services, reported total greenhouse gas emissions of approximately 10,868,000 kg CO2e. This figure comprises Scope 1 emissions of about 1,071,000 kg CO2e, Scope 2 emissions totalling approximately 9,797,000 kg CO2e, and Scope 3 emissions at roughly 5,921,000 kg CO2e.

In the preceding year, 2023, the group's total emissions were approximately 11,573,000 kg CO2e, consisting of 1,206,000 kg CO2e for Scope 1, 10,367,000 kg CO2e for Scope 2, and 5,496,000 kg CO2e for Scope 3.

Looking further back, in 2022, total emissions stood at approximately 13,512,000 kg CO2e, with Scope 1 at 1,482,000 kg CO2e and Scope 2 at 12,030,000 kg CO2e. Scope 3 emissions for 2022 were around 1,286,000 kg CO2e.

SBI Group has established climate commitments, including a near-term target for a 33% reduction in Scope 1 and Scope 2 emissions by FY2030, compared to FY2018 levels. Furthermore, the group aims for net-zero greenhouse gas emissions across Scope 1 and Scope 2 by FY2050, aligning with national carbon neutrality targets. These targets are consistently referenced across various reporting years. For instance, in their FY2022 Annual Report, the commitment to net-zero GHG emissions (Scope 1 and Scope 2) by FY2050 and an interim target of a 33% reduction by FY2030 against FY2018 levels are both detailed. Data for emissions is not cascaded from a parent organisation.