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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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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
In 2024, the total Scope 1 emissions of State Bank of India were 147,240 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2024, State Bank of India reported Scope 2 greenhouse gas (GHG) emissions of 622,670 tCO₂e without specifying the calculation method. a
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
In 2024, State Bank of India reported its Scope 2 emissions using an unspecified methodology. a
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
In 2024, State Bank of India reported total Scope 3 emissions of 41,500 metric tons of CO₂ equivalent (tCO₂e). a
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
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
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
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
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