Public Profile

Standard Chartered Bank

Standard Chartered Bank, a leading international bank headquartered in Great Britain, has established a strong presence across Asia, Africa, and the Middle East since its founding in 1969. Renowned for its commitment to emerging markets, the bank operates primarily in the financial services industry, focusing on retail banking, corporate banking, and wealth management. With a diverse portfolio of core products and services, including personal loans, credit cards, and investment solutions, Standard Chartered differentiates itself through its innovative digital banking platforms and customer-centric approach. The bank has achieved notable milestones, such as being recognised for its sustainable finance initiatives and strong corporate governance. As a prominent player in the global banking sector, Standard Chartered continues to enhance its market position, driven by a commitment to responsible banking and a focus on delivering exceptional value to its clients.

DitchCarbon Score

How does Standard Chartered Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

46

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Standard Chartered Bank's score of 46 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Standard Chartered Bank's reported carbon emissions

In 2023, Standard Chartered Bank reported total carbon emissions of approximately 42,485,144,000 kg CO2e, with Scope 1 emissions at about 8,488,000 kg CO2e, Scope 2 emissions at approximately 26,246,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 42,450,410,000 kg CO2e. The bank's emissions have fluctuated over the years, with a notable decrease from about 290,937,000 kg CO2e in 2018 to the latest figure in 2023. However, there are no specific reduction targets or initiatives disclosed in their recent reports, indicating a potential area for improvement in their climate commitments. Standard Chartered Bank's emissions data reflects its global operations, and while it has made strides in tracking and reporting its carbon footprint, the absence of defined reduction targets suggests a need for a more robust climate strategy moving forward.

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2014201520162017201820192020202120222023
Scope 1
7,922,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
180,014,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
000,000,000
00,000,000
00,000,000
00,000,000
Scope 3
120,710,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000,000
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Standard Chartered Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Standard Chartered Bank is headquartered in GB, which has a rank of low, indicating low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Standard Chartered Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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