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NG
updated 7 months ago

Stanbic Bank Nigeria Limited

Company website

Stanbic Bank Nigeria Limited, a prominent player in the financial services sector, is headquartered in Lagos, Nigeria. Established in 1989, the bank has grown to become a key provider of banking solutions across various regions in Nigeria, including the South-West and South-East. As part of the Standard Bank Group, Stanbic Bank operates primarily in the commercial banking industry, offering a diverse range of services such as personal banking, corporate banking, investment solutions, and wealth management. The bank is recognised for its innovative digital banking platforms, which enhance customer experience and accessibility. With a strong market position, Stanbic Bank has achieved notable milestones, including numerous awards for excellence in customer service and financial performance. Its commitment to sustainable banking practices further distinguishes it in the competitive landscape, making it a trusted choice for individuals and businesses alike.

DitchCarbon Score

How does Stanbic Bank Nigeria Limited'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.

2

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Stanbic Bank Nigeria Limited's score of 2 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Stanbic Bank Nigeria Limited's reported carbon emissions

Inherited from Stanbic IBTC Holdings PLC

Stanbic Bank Nigeria Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The bank's climate commitments and reduction initiatives are also not detailed, with no documented reduction targets or climate pledges reported. However, it is important to note that Stanbic Bank Nigeria Limited is part of a corporate family that includes Stanbic IBTC Holdings PLC. Emissions data and performance metrics may be inherited from this parent organisation, which operates at a cascade level of 1. This means that any climate-related initiatives or targets may be influenced by the broader strategies of Stanbic IBTC Holdings PLC. As of now, Stanbic Bank Nigeria Limited has not publicly committed to specific science-based targets or initiatives aimed at reducing carbon emissions. The lack of detailed emissions data and reduction commitments suggests that the bank may still be in the early stages of developing a comprehensive climate strategy.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Stanbic Bank Nigeria Limited's primary industry is , 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. This request for Stanbic Bank Nigeria Limited is in NG, which has a medium grid carbon intensity relative to other regions.

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.

Stanbic Bank Nigeria Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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