State Bank of India 2024 SR
The report highlights State Bank of India's commitment to sustainability through its 'Synergising Sustainability: Within and Beyond' theme for the 2023-24 fiscal year. Key achievements include a commitment to carbon neutrality by 2030 for Scope 1 and 2 emissions and a long-term net-zero target by 2055. The bank successfully raised USD 250 million through green bonds and financed renewable energy projects with a total capacity of 31,787 MW. SBI also established a dedicated ESG and Climate Finance Unit to steer its climate action roadmap. Socially, the bank spent INR 502.32 crore on community initiatives, impacting over 55 lakh beneficiaries.
Company: State Bank of India
Sector: Financials
Country: India
Year: 2024
Type: SR
Pages: 123
State Bank of India
Sustainability Report
The report highlights State Bank of India's commitment to sustainability through its 'Synergising Sustainability: Within and Beyond' theme for the 2023-24 fiscal year. Key achievements include a commitment to carbon neutrality by 2030 for Scope 1 and 2 emissions and a long-term net-zero target by 2055. The bank successfully raised USD 250 million through green bonds and financed renewable energy projects with a total capacity of 31,787 MW. SBI also established a dedicated ESG and Climate Finance Unit to steer its climate action roadmap. Socially, the bank spent INR 502.32 crore on community initiatives, impacting over 55 lakh beneficiaries.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Published
May 26, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees