State Bank

State Bank, headquartered in IN and operating in Financial intermediation services, except insurance and pension funding services, reported approximately 811,410,000 kg CO2e in total Scope 1, 2, and 3 emissions for 2024. This includes about 147,240,000 kg CO2e from Scope 1 emissions, 622,670,000 kg CO2e from Scope 2 emissions, and 41,500,000 kg CO2e from Scope 3 emissions.

In 2023, the bank's total Scope 1, 2, and 3 emissions were approximately 1,006,293,000 kg CO2e, comprising around 217,272,000 kg CO2e (Scope 1), 742,722,000 kg CO2e (Scope 2), and 46,299,000 kg CO2e (Scope 3). For 2022, total emissions were approximately 1,185,655,000 kg CO2e, with Scope 1 at about 547,000 kg CO2e, Scope 2 at 1,144,641,000 kg CO2e, and Scope 3 at 140,467,000 kg CO2e.

State Bank aims to achieve Carbon Neutrality for Scope 1 and Scope 2 emissions by 2030, through promoting energy conservation and transitioning to green energy sources. The bank also has a long-term goal of Net Zero emissions across Scope 1, 2, and 3 by 2055. This includes efforts to reduce the carbon footprint of its own operations by increasing renewable energy consumption and implementing sustainable practices.