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 Financial Intermediation 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 14 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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State Bank Of India's reported carbon emissions
State Bank of India (SBI), headquartered in India, currently does not have publicly available data on its carbon emissions, as indicated by the absence of specific emissions figures. Furthermore, there are no documented reduction targets or climate pledges outlined in their initiatives. In the context of the banking industry, many institutions are increasingly committing to sustainability and carbon neutrality, often setting ambitious targets to reduce their carbon footprints across various scopes of emissions. While SBI has not disclosed specific commitments or targets, the broader industry trend suggests a growing emphasis on environmental responsibility and climate action. As the financial sector continues to evolve towards more sustainable practices, it is anticipated that SBI may align with these trends in the future, potentially adopting measurable targets to mitigate its environmental impact.
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 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.
