State Bank of India

Country
India
Sector
Financial Services
Industry
Banks - Regional
Employees
236,226
Ticker
SBIN
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
State Bank of India is a prominent public sector bank providing a comprehensive range of financial services in India. Its primary function is to offer banking and financial solutions that cater to the...

State Bank of India's GHG Emissions Data Preview

In 2024, State Bank of India 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, State Bank of India 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind State Bank of India’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 State Bank of India’s data sources below and access millions more through our Disclosure Search.

a. State Bank of India's Sustainability Report 2024
a. State Bank of India's Sustainability Report 2024
b. State Bank of India's Sustainability Report 2022
b. State Bank of India's Sustainability Report 2022

Insights into State Bank of India's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of State Bank of India amounted to 769,910 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 2023, the total operational greenhouse gas (GHG) emissions of State Bank of India decreased by 19.8%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

State Bank of India's Scope 1 Emissions Over Time

20202021202220232024055 k110 k165 k220 ktCO2e+42%-1%+39621%-32%
  • Total Scope 1
  • Year-over-Year Change

What are State Bank of India's Scope 1 emissions?

In 2024, the total Scope 1 emissions of State Bank of India were 147,240 metric tons of CO₂ equivalent (tCO₂e). a

Has State Bank of India reduced its Scope 1 emissions over time?

Since 2020, State Bank of India's Scope 1 emissions have increased by 37,653.85%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), State Bank of India's Scope 1 emissions decreased by 32.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are State Bank of India's Scope 2 emissions?

In 2024, State Bank of India reported Scope 2 greenhouse gas (GHG) emissions of 622,670 tCO₂e without specifying the calculation method. a

Has State Bank of India reduced its Scope 2 emissions over time?

Since 2020, State Bank of India's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 483.91%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), State Bank of India's Scope 2 emissions (Unspecified Calculation Method) fell by 16.16% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does State Bank of India use for Scope 2 reporting?

In 2024, State Bank of India reported its Scope 2 emissions using an unspecified methodology. a

State Bank of India's Scope 2 Emissions Over Time

202020212022202320240300 k600 k900 k1.2 MtCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into State Bank of India's Value Chain Emissions

In 2024, State Bank of India reported 41,500 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 2024 disclosure of State Bank of India 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. a

State Bank of India's Scope 3 Emissions Over Time

20202021202220232024050 k100 k150 k200 ktCO2e-29%+3%-67%-10%
  • Total Scope 3
  • Year-over-Year Change

What are State Bank of India's Scope 3 emissions?

In 2024, State Bank of India reported total Scope 3 emissions of 41,500 metric tons of CO₂ equivalent (tCO₂e). a

Has State Bank of India reduced its Scope 3 emissions over time?

Since 2020, State Bank of India's Scope 3 emissions have decreased by 78.44%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

Compared to the previous year (2023), State Bank of India's Scope 3 emissions decreased by 10.37%, highlighting the company's efforts to lower indirect emissions from its value chain. a

Insights into State Bank of India’s GHG Emissions Intensity Compared to Industry Peers

In 2024, State Bank of India reported Scope 1 greenhouse gas (GHG) emissions of 147,240 tCO₂e and total revenues of USD 38,806 millions. This translates into an emissions intensity of 3.79 tCO₂e per millions USD. a

State Bank of India's Scope 1 Emissions Intensity Compared to Peers

2050020,000500,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)Indusind BankYear: 2025Scope 1: 20,425 tCO2eRevenue: $M 3,128Scope 1 Intensity: 6.53 tCO2e/$MRBL BankYear: 2024Scope 1: 116 tCO2eRevenue: $M 1,076Scope 1 Intensity: 0.11 tCO2e/$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: $M 8,318Scope 1 Intensity: 2.08 tCO2e/$MBank of MaharashtraYear: 2025Scope 1: 804 tCO2eRevenue: $M 1,610Scope 1 Intensity: 0.50 tCO2e/$MAxis BankYear: 2025Scope 1: 11,347 tCO2eRevenue: $M 9,936Scope 1 Intensity: 1.14 tCO2e/$MUnion Bank of IndiaYear: 2025Scope 1: 11,166 tCO2eRevenue: $M 6,945Scope 1 Intensity: 1.61 tCO2e/$MIndian BankYear: 2023Scope 1: 3,198 tCO2eRevenue: $M 3,419Scope 1 Intensity: 0.94 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 482Scope 1 Intensity: 0.42 tCO2e/$MICICI BankYear: 2025Scope 1: 26,337 tCO2eRevenue: $M 24,059Scope 1 Intensity: 1.09 tCO2e/$MHDFC BankYear: 2025Scope 1: 78,000 tCO2eRevenue: $M 27,756Scope 1 Intensity: 2.81 tCO2e/$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: $M 1,685Scope 1 Intensity: 1.25 tCO2e/$MKotak Mahindra BankYear: 2025Scope 1: 15,508 tCO2eRevenue: $M 8,929Scope 1 Intensity: 1.74 tCO2e/$MIndian Overseas BankYear: 2025Scope 1: 5,676 tCO2eRevenue: $M 1,932Scope 1 Intensity: 2.94 tCO2e/$MBandhan BankYear: 2024Scope 1: 1 tCO2eRevenue: $M 1,475Scope 1 Intensity: 0.00 tCO2e/$MCentral Bank of IndiaYear: 2025Scope 1: 7,084 tCO2eRevenue: $M 2,325Scope 1 Intensity: 3.05 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MState Bank of IndiaYear: 2024Scope 1: 147,240 tCO2eRevenue: $M 38,806Scope 1 Intensity: 3.79 tCO2e/$M

How does State Bank of India's GHG emissions intensity compare to its peers?

In 2024, State Bank of India reported a Scope 1 emissions intensity of 3.79 tCO₂e per millions USD. Compared to the peer group median of 1.25 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does State Bank of India rank on GHG emissions intensity within its industry?

In 2024, State Bank of India ranked 24 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

This places State Bank of India among the least efficient performers, with one of the highest emissions intensities in its sector. a

Insights into State Bank of India's Total Carbon Footprint

In 2024, State Bank of India reported a total carbon footprint of 811,410 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 19.37% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to State Bank of India's total carbon footprint was Scope 2 emissions, accounting for 76.74% of the company's total carbon footprint, followed by Scope 1 emissions at 18.15%. a

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