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 Waste Data Preview

In 2024, SBI Life Insurance conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
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0000000
Total Hazardous Waste Generated
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0000000
Non-Hazardous Waste Disposed
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0000000
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Verified Sources Behind SBI Life Insurance’s Waste Management Data

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a. SBI Life Insurance's Integrated Report 2024
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Insights into SBI Life Insurance's Waste Treatment Practices

In 2024, SBI Life Insurance generated a total of 57 metric tonnes of waste. a

Of this amount, 4.78% of SBI Life Insurance's total waste generated was recovered through methods such as recycling, reuse, or composting, while 95.22% was disposed of through landfilling, incineration, or combustion. a

SBI Life Insurance's Waste Recovery Rate

5%

How much of SBI Life Insurance's waste is recycled or recovered?

In 2024, SBI Life Insurance reported a total waste generation of 57 metric tonnes, of which 4.78% was recovered through recycling, reuse, or composting. This low recovery rate highlights limited waste diversion and suggests that SBI Life Insurance may be relying more heavily on landfill or incineration, underscoring opportunities for stronger resource recovery initiatives. a

Has SBI Life Insurance reduced its environmental waste footprint over time?

Since 2024, SBI Life Insurance's total waste generation has increased by 2,685.37%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts. a

a

SBI Life Insurance’s Waste Recovery vs. Disposal Over Time

2024015304560tonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into SBI Life Insurance’s Generation of Hazardous and Non-Hazardous Waste

In 2024, SBI Life Insurance generated a total of 57 metric tonnes of waste. a

Of this amount, 82.7% of SBI Life Insurance's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 17.3% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls. a

SBI Life Insurance’s Hazardous vs Non-Hazardous Waste Over Time

20232024015304560tonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How SBI Life Insurance reduced the environmental impact of its waste?

Since 2024, SBI Life Insurance's total waste generation has increased by 2,685.37%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts. a

Since 2024, SBI Life Insurance's hazardous waste generation has increased by 9.26%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies.. a

Overall, SBI Life Insurance's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy. a

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