Stanbic IBTC Holdings PLC
Stanbic IBTC Holdings PLC, a prominent financial services group headquartered in Nigeria, has established itself as a leader in the banking and investment sector since its inception in 1989. With a strong presence across major operational regions in Nigeria, the company offers a diverse range of services, including commercial banking, investment management, and insurance solutions. Renowned for its innovative approach, Stanbic IBTC provides unique products such as tailored investment solutions and digital banking services, catering to both individual and corporate clients. The firm has achieved significant milestones, including numerous awards for excellence in customer service and financial performance, solidifying its market position as a trusted financial partner. With a commitment to driving economic growth in Nigeria, Stanbic IBTC continues to set benchmarks in the industry.
DitchCarbon Score
How does Stanbic IBTC 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 IBTC Holdings PLC's score of 22 is lower than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Stanbic IBTC Holdings PLC's reported carbon emissions
In 2023, Stanbic IBTC Holdings PLC reported total carbon emissions of approximately 250,289,000 kg CO2e. This figure represents the organisation's overall emissions but does not specify the breakdown into Scope 1, 2, or 3 emissions, as relevant data for these scopes is not disclosed. Currently, Stanbic IBTC Holdings PLC does not have any publicly stated reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of specific climate pledges indicates a need for further commitment to climate action within the organisation. It is important to note that the emissions data is cascaded from the parent company, Stanbic IBTC Holdings PLC, as part of its corporate family relationship. This data reflects the organisation's current environmental impact but highlights the potential for future commitments and improvements in sustainability practices.
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 IBTC Holdings 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.
