Stanbic Holdings Plc Sustainability Profile
Stanbic Holdings Plc, a prominent financial services provider headquartered in Nairobi, Kenya, has established itself as a leader in the banking industry since its inception in 1980. Operating primarily in East Africa, the company offers a diverse range of services, including personal and business banking, investment solutions, and wealth management. With a commitment to innovation, Stanbic Holdings has introduced unique products tailored to meet the evolving needs of its clients, such as digital banking solutions that enhance customer experience. The company has achieved significant milestones, including numerous awards for excellence in service delivery and corporate governance, solidifying its position as a trusted financial partner in the region. Through its strategic focus on customer-centric solutions, Stanbic Holdings continues to drive economic growth and financial inclusion across Kenya and beyond.
DitchCarbon Score
How does Stanbic Holdings 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.
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
Stanbic Holdings Plc's score of 46 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest available data, Stanbic Holdings Plc does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The company is a current subsidiary of Standard Bank Group Limited, which may influence its climate-related strategies and reporting. While Stanbic Holdings Plc has not set specific reduction targets or made notable climate pledges, it is important to note that it inherits its performance metrics from its parent company, Standard Bank Group Limited. This relationship may provide a framework for future climate commitments and emissions reduction initiatives. In the context of the financial services industry, companies like Stanbic Holdings Plc are increasingly expected to align with global climate standards and frameworks, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, as of now, no specific initiatives or targets have been disclosed by Stanbic Holdings Plc. Overall, while the company currently lacks detailed emissions data and specific climate commitments, its affiliation with Standard Bank Group Limited may play a crucial role in shaping its future sustainability efforts.
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Access structured emissions data, company-specific emission factors, and source documents
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,436,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 303,332,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 17,500,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Stanbic Holdings Plc's Industry?
How Carbon Intensive is Stanbic Holdings Plc's Location?
Stanbic Holdings Plc's Scope 3 Categories Breakdown
Stanbic Holdings Plc's Scope 3 emissions, which increased by 3% last year and decreased by approximately 6% since 2013, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 189% of Scope 3 emissions.
Top Scope 3 Categories
Stanbic Holdings Plc's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Stanbic Holdings Plc has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
