State Bank Of India
State Bank of India (SBI), headquartered in Mumbai, India, is a leading financial institution in the banking sector. Established in 1955, SBI has grown to become the largest bank in India, with a significant presence across various regions, including urban and rural areas. Operating in the banking and financial services industry, SBI offers a diverse range of products and services, including retail banking, corporate banking, and investment solutions. Its unique offerings, such as the YONO app, enhance customer experience by integrating banking with lifestyle services. With a robust market position, SBI has consistently been recognised for its financial strength and innovation, making it a trusted choice for millions of customers. The bank's commitment to digital transformation and financial inclusion further solidifies its status as a cornerstone of India's banking landscape.
DitchCarbon Score
How does State Bank Of India'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 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
State Bank Of India's score of 16 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
State Bank Of India's reported carbon emissions
The State Bank of India (SBI), headquartered in India, currently does not have publicly available data on its carbon emissions, as no specific emissions figures have been provided. Additionally, there are no documented reduction targets or climate pledges outlined in the available information. In the context of the banking industry, many institutions are increasingly focusing on sustainability and climate commitments, often setting ambitious targets to reduce their carbon footprints. While SBI has not disclosed specific initiatives or targets, it is essential for financial institutions to engage in climate action, considering the significant role they play in financing sustainable projects and supporting the transition to a low-carbon economy. As the landscape of corporate climate responsibility evolves, SBI may consider establishing measurable targets and reporting on its emissions to align with global standards and expectations.
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.
State Bank Of India is committed to some reduction initiatives 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.
