SBI Cards and Payment Services has been assigned an Environmental, Social, and Governance (ESG) Rating of 78 by NSE Sustainability Ratings and Analytics. This rating, based on data from FY 2024-25, places SBI Card in the ‘Leader’ category. The rating reflects the company’s performance across environmental stewardship, social impact, and effective governance.
ESG Rating Details
SBI Cards and Payment Services has received an ESG rating of 78 from NSE Sustainability Ratings and Analytics Limited. This evaluation is based on the company’s data pertaining to FY 2024-25.
Rating Breakdown
The ESG rating is composed of individual scores for the three key pillars:
- Environment Score: 81
- Social Score: 75
- Governance Score: 80
Key Drivers
Environment
The environment score of 81 is influenced by factors such as:
- Greenhouse gas emissions below industry averages.
- Carbon footprint from Scope 3 emissions in line with standard practices.
- Low water intensity.
- Energy intensity of operations below benchmarks (10% decrease year-over-year).
Social
The social score of 75 is driven by:
- Health insurance coverage at par with industry norms.
- Balanced workforce with a female employee percentage meeting industry standards.
- Lower number of employee grievances.
Governance
The governance score of 80 is supported by:
- Stronger presence of independent directors on the board.
- Fulfillment of regulatory requirements for women on the board.
- Better independent director representation in key committees.
Source: BSE
