State Bank of India
Sustainability Report and Carbon Intensity Rankings
Is State Bank of India doing their part?
Their DitchCarbon score is 54
The State Bank of India has a DitchCarbon Score of 54 out of 100, indicating a moderate level of sustainability in its operations. This score reflects the bank’s carbon intensity, which is a measure of how much carbon emissions are produced relative to its size and activity. A higher score would suggest a lower carbon intensity and a stronger commitment to reducing its environmental impact.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
State Bank of India operates in the finance sector, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
The State Bank of India operates in a region with a very high carbon intensity rating, indicating significant greenhouse gas emissions per energy unit. This suggests that the bank’s sustainability efforts may face challenges due to the environmental impact of the surrounding Indian infrastructure.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on State Bank of India
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
3.17%
...this company is doing 3.17% better in emissions than the industry average.
State Bank of India, founded in 1806, is a premier entity in the finance sector, headquartered in Mumbai. As the largest public sector banking and financial services company in India, it boasts a vast network with over 24,000 domestic branches and 190 international offices. The company offers a wide array of financial services tailored to meet the needs of corporates, SMEs, NRIs, and retail customers.
emission intelligence's platform recommendations for State Bank of India
State Bank of India should undertake a thorough inventory of all Scope 1 emissions sources to identify and mitigate direct greenhouse gas emissions.
Bad news, State Bank of India hasn't set SBTi commitments.
The State Bank of India has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the bank has not defined or announced clear goals for reducing greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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