Stanbic Holdings Plc
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 28 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Stanbic Holdings Plc's reported carbon emissions
In 2022, Stanbic Holdings Plc reported total carbon emissions of approximately 31,100,000 kg CO2e. This figure includes 3,110,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 748,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 26,292,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions, primarily from purchased goods and services. Currently, Stanbic Holdings Plc has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a financial institution headquartered in Kenya, Stanbic Holdings is positioned to influence sustainable practices within the region, and future commitments could align with global climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | |
|---|---|
| Scope 1 | 3,110,000 |
| Scope 2 | 748,000 |
| Scope 3 | 26,292,000 |
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.
Stanbic Holdings Plc 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.
