SBI Targets Net-Zero by 2055: Chairman Setty

By By Rediff Money Desk, Mumbai
Feb 23, 2025 17:09
State Bank of India (SBI) aims to achieve Net-Zero emissions by 2055, coinciding with its centenary year, according to Chairman C S Setty. The announcement was made during the launch of the SBI Green Marathon Season 5 in Mumbai.
Mumbai, Feb 23 (PTI) State Bank of India Chairman C S Setty on Sunday said the largest Indian lender is targeting to be Net-Zero by 2055.

The bank will be celebrating its centenary year of existence then, he said.

Setty made the remarks after flagging off the "SBI Green Marathon Season 5" event in the financial capital, according to a statement.

Over 10,000 runners participated in the 5km, 10km and 21 km categories of the event held here.

There will be similar events in Vizag, Lucknow, Chandigarh, Ahmedabad, Pune, Guwahati, Bhubaneswar, and Patna.

Running legends Vinod Kumar Sharma, Barun Kumar, Vishak Krishnaswamy, Ashish Arya, Sarika Jain, Raj Gandhi and Rinkoo Singh were present at event, the statement said.
Source: PTI
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sbinet-zero2055sustainabilityclimate change
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