SBI Cards Awarded ESG Rating of 78 by NSE Ratings for FY2025
SBI Cards received an ESG Rating of 78 from NSE Ratings for FY2025, categorizing it as a 'Leader'. The company scored 81 in Environment, 75 in Social, and 80 in Governance. A Core ESG Rating of 79 was also achieved, with specific scores of 73 (Environment), 71 (Social), and 90 (Governance).
An improved ESG rating can positively influence investor perception and potentially attract sustainable investment, though the direct financial impact is not immediate.
The company has received a high ESG rating from a reputable agency and has been categorized as a 'Leader', indicating strong performance in sustainability practices.
SBI Cards and Payment Services Limited has been assigned an Environmental, Social, and Governance (ESG) Rating of 78 by NSE Sustainability Ratings and Analytics Limited for the fiscal year 2024-25. This rating reflects the company's performance across environmental, social, and governance pillars, with scores of 81, 75, and 80 respectively.
The company's environmental score of 81 is driven by emissions and energy consumption being below industry averages, low water intensity, and decreasing energy intensity. However, energy consumption from renewable sources is noted as subpar, and waste recycling falls short compared to peers.
In the social pillar, with a score of 75, key drivers include health insurance coverage at par with industry norms, a balanced workforce with adequate female employee representation, and a lower number of employee grievances. Conversely, the company experiences higher-than-average turnover among permanent employees, and customer complaint frequency remains higher than benchmarks, despite a significant decrease from the previous year.
The governance pillar received a score of 80, attributed to a strong presence of independent directors on the board and its committees, exceeding regulatory requirements. This includes the Nomination and Remuneration Committee, Audit Committee, Risk Management Committee, and CSR Committee.
Furthermore, SBI Cards achieved a Core ESG Rating of 79 for FY2025, with specific scores of 73 for Environment, 71 for Social, and 90 for Governance. The company has been categorized as a 'Leader' in ESG, indicating exceptional maturity and best-in-class practices, based on its performance within the top 10% percentile.
The ESG rating report was last reviewed on January 7, 2026, and the company's ESG rating for FY2024 was 77. The full report is available on the company's website, www.sbicard.com.
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SBI Cards and Payment Services Limited filed this with the NSE as a statutory disclosure, categorised under esg reports. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by SBI Cards and Payment Services Limited. Read the original for the full detail.