Summary: The State Bank of India (SBI) has set a target to achieve net-zero emissions by 2055, coinciding with its centenary year, as announced by Chairman C.S. Setty at the SBI Green Marathon Season 5 event. The marathon, with over 10,000 participants, promoted environmental sustainability. SBI has been actively supporting green initiatives, including financing renewable energy projects and promoting sustainable banking practices. With this commitment, SBI reinforces its role in driving eco-friendly financial solutions and contributing to India’s climate goals.
India’s largest lender, the State Bank of India (SBI), has set an ambitious target to achieve net-zero emissions by 2055, aligning with its centenary year. The announcement was made by SBI Chairman C.S. Setty at the SBI Green Marathon Season 5 event, which he flagged off on Sunday.
The marathon witnessed participation from over 10,000 runners, who also served as ‘Green India’ ambassadors. The event featured different race categories, including 5 km, 10 km, and 21 km, promoting awareness about environmental sustainability.
SBI has been actively working toward various green initiatives, including financing renewable energy projects, reducing its carbon footprint, and advocating for sustainable banking practices. The bank’s commitment to sustainability underscores its role in driving eco-friendly financial solutions and contributing to India’s broader climate goals.
With its net-zero target set for 2055, SBI continues to take significant steps toward a greener future, reinforcing its position as a leader in sustainable banking and environmental responsibility.
Check out more on Startup News and Startup Funding News. Stay connected with us across all our social media platforms: Facebook, Instagram, LinkedIn, X (formerly Twitter), and Join Our Community.
