Standard Bank
Standard Bank Group, often referred to simply as Standard Bank, is a leading financial
DitchCarbon Score
How does Standard 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.
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.
Industry Benchmark
Standard Bank's score of 55 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Standard Bank's reported carbon emissions
In 2023, Standard Bank reported total carbon emissions of approximately 153,652,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 18,560,000 kg CO2e, while Scope 2 emissions were approximately 119,352,000 kg CO2e, and Scope 3 emissions totalled around 15,999,000 kg CO2e. The bank has set an ambitious commitment to achieve net-zero carbon emissions for its lending and investment portfolio by 2050, starting from 2023. This long-term target encompasses all scopes of emissions, reflecting a comprehensive approach to climate responsibility. Standard Bank's emissions data indicates a proactive stance in addressing climate change, aligning with industry standards and expectations for transparency and accountability in carbon management.
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Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 10,215,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 202,586,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 30,684,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions 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 Bank is not participating in any of the initiatives that 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.
