Sustainability - SBI Green

Bank has adopted Sustainability as one of the core values and has been consciously striving to factor ESG considerations into multiple aspects viz operations, investments, risk assessment and strategy. Bank believes that economic performance and profitability can be augmented through responsible business conduct and thus endeavours to strike the right balance to create shared value for all its stakeholders.

Bank has been publishing annual Sustainability Report on Global Reporting Initiative (GRI) standards since FY 2015-16. The report also discloses Bank's ESG performance on the nine principles of National Guidelines on Responsible Business Conduct (NGRBC) as per the Securities Exchange Board of India (SEBI) guidelines on Business Responsibility and Sustainability Report (BRSR) format. The report content also draws from the recommendations of the Task Force for Climate-Related Financial Disclosures (TCFD), Sustainability Accounting Standards Board (SASB) and is aligned with the Integrated Reporting (IR) framework of the International Integrated Reporting Council (IIRC) and reports on initiatives intended to drive progress on the United Nations Sustainable Development Goals (UNSDGs).