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SBI Life Insurance Company Ltd

Common Name
SBI Life Insurance
Country
India
Sector
Financial Services
Industry
Insurance - Life
Employees
25,672
Ticker
SBILIFE
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
SBI Life Insurance Co. Ltd. is a prominent life insurance provider based in India, operating as a joint venture between the State Bank of India (SBI) and BNP Paribas Cardif. It primarily offers a dive...

SBI Life Insurance's GHG Emissions Data Preview

In 2025, SBI Life Insurance completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, SBI Life Insurance has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)202520242023
2022 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of SBI Life Insurance’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2023, and revenue-based intensity metrics for each scope.
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Verified Sources Behind SBI Life Insurance’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore SBI Life Insurance’s data sources below and access millions more through our Disclosure Search.

a. SBI Life Insurance's Integrated Report 2025
b. SBI Life Insurance's Integrated Report 2024

Insights into SBI Life Insurance's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of SBI Life Insurance amounted to 20,492.89 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of SBI Life Insurance increased by 13.88%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

SBI Life Insurance's Scope 1 Emissions Over Time

20232024202501.5 k3 k4.5 k6 ktCO2e+3054%+50%
  • Total Scope 1
  • Year-over-Year Change

What are SBI Life Insurance's Scope 1 emissions?

In 2025, the total Scope 1 emissions of SBI Life Insurance were 4,108.54 metric tons of CO₂ equivalent (tCO₂e).a

Has SBI Life Insurance reduced its Scope 1 emissions over time?

Since 2023, SBI Life Insurance's Scope 1 emissions have increased by 4,637.16%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), SBI Life Insurance's Scope 1 emissions increased by 50.21%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are SBI Life Insurance's Scope 2 emissions?

In 2025, SBI Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 16,384.35 tCO₂e without specifying the calculation method.a

Has SBI Life Insurance reduced its Scope 2 emissions over time?

Since 2023, SBI Life Insurance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 234.22%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), SBI Life Insurance's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that SBI Life Insurance's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does SBI Life Insurance use for Scope 2 reporting?

In 2025, SBI Life Insurance reported its Scope 2 emissions using an unspecified methodology.a

SBI Life Insurance's Scope 2 Emissions Over Time

20232024202504.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SBI Life Insurance's Value Chain Emissions

In 2025, SBI Life Insurance reported 76,174.59 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of SBI Life Insurance includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

SBI Life Insurance's Scope 3 Emissions Over Time

20242025020 k40 k60 k80 ktCO2e+67%
  • Total Scope 3
  • Year-over-Year Change

What are SBI Life Insurance's Scope 3 emissions?

In 2025, SBI Life Insurance reported total Scope 3 emissions of 76,174.59 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2024), SBI Life Insurance's Scope 3 emissions increased by 67.16%, suggesting that the company faced challenges in reducing emissions across its value chain.a

Insights into SBI Life Insurance’s GHG Emissions Intensity Compared to Industry Peers

In 2025, SBI Life Insurance reported Scope 1 greenhouse gas (GHG) emissions of 4,108.54 tCO₂e and total revenues of USD 13,686 millions. This translates into an emissions intensity of 0.3 tCO₂e per millions USD.a

SBI Life Insurance's Scope 1 Emissions Intensity Compared to Peers

102005,00050,000Scope 1 Emissions (tCO2e)1005005,00050,000200,000Revenues (Millions of USD)Indusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MYes BankYear: 2025Scope 1: 4,586 tCO2eRevenue: $M 1,765Scope 1 Intensity: 2.60 tCO2e/$MBank of IndiaYear: 2025Scope 1: 9,106 tCO2eRevenue: $M 3,967Scope 1 Intensity: 2.30 tCO2e/$MCanara BankYear: 2025Scope 1: 17,263 tCO2eRevenue: $M 8,318Scope 1 Intensity: 2.08 tCO2e/$MAxis BankYear: 2025Scope 1: 11,347 tCO2eRevenue: $M 9,936Scope 1 Intensity: 1.14 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 10,553Scope 1 Intensity: 0.02 tCO2e/$MBajaj Holdings and InvestmentYear: 2025Scope 1: 2,056 tCO2eRevenue: $M 805Scope 1 Intensity: 2.55 tCO2e/$MUnion Bank of IndiaYear: 2025Scope 1: 11,166 tCO2eRevenue: $M 6,945Scope 1 Intensity: 1.61 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MIndian BankYear: 2025Scope 1: 6,236 tCO2eRevenue: $M 4,122Scope 1 Intensity: 1.51 tCO2e/$MICICI Prudential Life InsuranceYear: 2025Scope 1: 759 tCO2eRevenue: $M 8,179Scope 1 Intensity: 0.09 tCO2e/$MHDFC Asset ManagementYear: 2024Scope 1: 267 tCO2eRevenue: $M 310Scope 1 Intensity: 0.86 tCO2e/$MMuthoot FinanceYear: 2025Scope 1: 129 tCO2eRevenue: $M 1,504Scope 1 Intensity: 0.09 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,550Scope 1 Intensity: 0.12 tCO2e/$MLICYear: 2025Scope 1: 27,014 tCO2eRevenue: $M 104,301Scope 1 Intensity: 0.26 tCO2e/$MBank of BarodaYear: 2025Scope 1: 1,807 tCO2eRevenue: $M 8,154Scope 1 Intensity: 0.22 tCO2e/$MPunjab National BankYear: 2025Scope 1: 10,621 tCO2eRevenue: $M 6,994Scope 1 Intensity: 1.52 tCO2e/$MFederal BankYear: 2025Scope 1: 2,111 tCO2eRevenue: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MBajaj Housing FinanceYear: 2025Scope 1: 206 tCO2eRevenue: $M 1,074Scope 1 Intensity: 0.19 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MMax Financial ServicesYear: 2025Scope 1: 293 tCO2eRevenue: $M 5,440Scope 1 Intensity: 0.05 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$M

How does SBI Life Insurance's GHG emissions intensity compare to its peers?

In 2025, SBI Life Insurance reported a Scope 1 emissions intensity of 0.3 tCO₂e per millions USD. Compared to the peer group median of 1.12, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does SBI Life Insurance rank on GHG emissions intensity within its industry?

In 2025, SBI Life Insurance ranked 12 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

SBI Life Insurance is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into SBI Life Insurance's Total Carbon Footprint

In 2025, SBI Life Insurance reported a total carbon footprint of 96,667.48 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.07% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to SBI Life Insurance's total carbon footprint was Scope 3 emissions, accounting for 78.8% of the company's total carbon footprint, followed by Scope 2 emissions at 16.95%.a

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