Standard Bank
Standard Bank Group, often referred to simply as Standard Bank, is a leading financial
DitchCarbon Score
How does Standard Bank'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
Standard Bank's score of 34 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Standard Bank's reported carbon emissions
In 2023, Standard Bank reported total carbon emissions of approximately 137,653,000 kg CO2e, comprising 18,560,000 kg CO2e from Scope 1, 119,093,000 kg CO2e from Scope 2, and 15,999,000 kg CO2e from Scope 3 emissions. The bank has disclosed emissions data across all three scopes, indicating a comprehensive approach to tracking its carbon footprint. Despite the significant emissions figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. This lack of defined reduction strategies suggests that while Standard Bank is actively monitoring its emissions, it has yet to establish formal targets for reducing its carbon output. The bank's emissions intensity metrics include approximately 4,600 kg CO2e per employee, reflecting its operational impact. As a major financial institution headquartered in South Africa (ZA), Standard Bank's climate commitments are crucial in the context of global efforts to mitigate climate change and transition towards a more sustainable economy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 10,215,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 202,586,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 30,684,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
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.
Standard Bank 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.
