ICBC Standard Bank Plc, a prominent player in the global banking sector, is headquartered in Great Britain. Established in 2015 as a joint venture between the Industrial and Commercial Bank of China (ICBC) and Standard Bank Group, the institution has rapidly positioned itself within the financial services industry, focusing on corporate and investment banking. With a strong presence in key markets across Africa, Asia, and Europe, ICBC Standard Bank offers a range of services, including trade finance, foreign exchange, and investment solutions. Its unique blend of Chinese and African market expertise sets it apart, enabling clients to navigate complex financial landscapes effectively. The bank has achieved significant milestones, including recognition for its innovative approach to financing and risk management, solidifying its reputation as a trusted partner in international banking.
How does ICBC Standard Bank Plc'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.
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.
ICBC Standard Bank Plc's score of 25 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ICBC Standard Bank Plc, headquartered in Great Britain, currently does not report any specific carbon emissions data, as there are no available figures for emissions in kg CO2e. Additionally, the bank has not established any documented reduction targets or climate pledges. As a result, there is no information on their Scope 1, 2, or 3 emissions or any significant achievements in carbon reduction. The absence of emissions data and climate commitments suggests that ICBC Standard Bank Plc may still be in the early stages of developing a comprehensive climate strategy. In the context of the financial industry, many institutions are increasingly adopting science-based targets and sustainability initiatives to address climate change. However, without specific commitments or data, it is unclear how ICBC Standard Bank Plc aligns with these industry trends.
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.
ICBC Standard Bank Plc 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.