SBI Life Insurance Company Ltd

Common Name
SBI Life Insurance
Country
India
Sector
Financial Services
Industry
Insurance - Life
Employees
23,888
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 2024, 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)2024202320222021 - 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into SBI Life Insurance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of SBI Life Insurance amounted to 17,995.21 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of SBI Life Insurance increased by 260.7%, suggesting that the company faced challenges in reducing its emissions from its core operations.

SBI Life Insurance's Scope 1 Emissions Over Time

2023202407001.4 k2.1 k2.8 ktCO2e+3054%
  • Total Scope 1
  • Year-over-Year Change

What are SBI Life Insurance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of SBI Life Insurance were 2,735.11 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), SBI Life Insurance's Scope 1 emissions increased by 3,053.59%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are SBI Life Insurance's Scope 2 emissions?

In 2024, SBI Life Insurance reported Scope 2 greenhouse gas (GHG) emissions of 15,260.1 tCOâ‚‚e without specifying the calculation method.

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

Compared to the previous year (2023), SBI Life Insurance's Scope 2 emissions (Unspecified Calculation Method) rose by 211.29% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

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

In 2024, SBI Life Insurance reported its Scope 2 emissions using an unspecified methodology.

SBI Life Insurance's Scope 2 Emissions Over Time

2023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into SBI Life Insurance's Value Chain Emissions

In 2024, SBI Life Insurance reported 45,570.53 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 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 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

SBI Life Insurance's Scope 3 Emissions Over Time

2024015 k30 k45 k60 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are SBI Life Insurance's Scope 3 emissions?

In 2024, SBI Life Insurance reported total Scope 3 emissions of 45,570.53 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Insights into SBI Life Insurance's Total Carbon Footprint

In 2024, SBI Life Insurance reported a total carbon footprint of 63,565.74 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,174.13% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to SBI Life Insurance's total carbon footprint was Scope 3 emissions, accounting for 71.69% of the company's total carbon footprint, followed by Scope 2 emissions at 24.01%.

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