Wednesday, September 18, 2024

SBI holds Cyclothon with ‘Pedal for the plant’ theme 

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SBI Hyderabad Circle organised Cyclothon at PV Gyan Bhoomi, Necklace Road, Hyderabad, for promoting sustainability initiative measures among the staff.  The Probationary Officers of 2023 batch, along with senior officials participated in the event with lot of enthusiasm. The theme for the event was ‘Pedal for the Planet’  to care for our land and our future.
The event was flagged off by Rajesh Kumar, Chief General Manager of Hyderabad Circle and other senior executives of the Circle. Speaking on the occasion, Rajesh Kumar said that the SBI and its employees always take pride in being the companion in India’s journey towards sustainability, be it agricultural sector, industries, infrastructure, education, science and technology. To percolate the culture of sustainability in the minds of the young officers who recently joined the SBI fold, the Hyderabad circle has undertaken the Cyclothon activity with the theme ‘Pedal for the Planet.’.
Rajesh Kumar said to reduce the carbon footprint, the circle is participating in enhancing generation of renewable energy and increase carbon offsetting. It is the bank’s aspiration to lead India in Climate finance – with a pathway to net zero emissions by 2055 i.e., the centenary year of SBI formation. The bank shall reduce the carbon footprint of its operations to achieve the voluntarily envisioned goal of achieving carbon neutrality by 2030.  
Rajesh Kumar said that, as a part of the Green Initiative towards Sustainable Development Goals, the bank’s mission is to facilitate 7.5% of domestic gross advances to be green advances.

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