Curious to see your top suppliers emissions?
Book a demo for a pilot project
State Bank of India (SBI), headquartered in Mumbai, India, is a leading player in the financial intermediation services sector, specifically excluding insurance and pension funding. Established in 1955, SBI has grown to become one of the largest banks in India, with a vast network of branches across the country and significant operations in international markets.
SBI offers a comprehensive range of financial products and services, including personal banking, corporate banking, and investment solutions, distinguished by their customer-centric approach and innovative digital offerings. The bank's commitment to financial inclusion and its robust technological infrastructure have positioned it as a market leader in the Indian banking landscape. With numerous accolades and a strong reputation, SBI continues to play a pivotal role in the economic development of India.
52
DitchCarbon score
+15 vs industry average
State Bank’s score of 52 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at State Bank?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
20202021202220232024202520262027
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
State Bank's reported carbon emissions
State Bank, headquartered in India and operating within financial intermediation services (excluding insurance and pension funding), has reported
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
State Bank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
Sign in to view
Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
State Bank17 days ago
52
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn more