State Bank of India (SBI) is one of the largest banks in India and a leading player in the banking sector. The bank has a long history of providing financial services to customers across the country and has been at the forefront of many initiatives aimed at promoting sustainable development. In recent years, SBI has been actively involved in decarbonisation efforts, corporate energy management, and the adoption of renewable energy.

Decarbonisation is a key focus area for SBI, and the bank has taken several steps to reduce its carbon footprint. One of the major initiatives undertaken by the bank is the installation of solar panels at its branches and offices. SBI has set a target of installing 10,000 solar panels across its branches and offices by 2020. The bank has also implemented energy-efficient measures such as LED lighting and energy-efficient air conditioning systems to reduce its energy consumption.

Corporate energy management is another area where SBI has made significant progress. The bank has implemented a comprehensive energy management system that includes regular energy audits, monitoring of energy consumption, and the implementation of energy-efficient measures. SBI has also set up an energy management team to oversee the implementation of these measures and ensure that the bank achieves its energy efficiency targets.

Corporate power purchase agreements (PPAs) are another area where SBI has been active. The bank has signed several PPAs with renewable energy developers to purchase clean energy to power its operations. SBI has also set a target of sourcing 10% of its energy needs from renewable sources by 2020. The bank has already made significant progress towards this target, with renewable energy accounting for 6% of its total energy consumption in 2019.

Renewable energy is a key focus area for SBI, and the bank has taken several steps to promote the adoption of clean energy in India. SBI has set up a dedicated renewable energy financing division to provide financial support to renewable energy projects. The bank has also launched several initiatives to promote the adoption of renewable energy, such as offering loans for the installation of rooftop solar panels and providing financial support for the development of renewable energy infrastructure.

SBI has also been actively involved in promoting sustainable development in India. The bank has launched several initiatives aimed at promoting sustainable agriculture, promoting financial inclusion, and supporting small and medium-sized enterprises. SBI has also been involved in several community development projects aimed at improving the lives of people in rural areas.

Overall, State Bank of India is a leading player in the banking sector in India and has been at the forefront of many initiatives aimed at promoting sustainable development. The bank has made significant progress in decarbonisation, corporate energy management, and the adoption of renewable energy. SBI's commitment to sustainability is reflected in its business practices and its efforts to promote sustainable development in India.