Standard Bank Group, often referred to simply as Standard Bank, is a leading financial
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.
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.
Standard Bank's score of 44 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Standard Bank reported total carbon emissions of approximately 147,687,000 kg CO2e globally, with significant contributions from Scope 1 (6,960,000 kg CO2e), Scope 2 (124,222,000 kg CO2e), and Scope 3 emissions (16,505,000 kg CO2e). The bank's emissions from its operations in Nigeria were particularly high, totalling about 4,922,000 kg CO2e, while emissions in Ghana reached approximately 1,798,000 kg CO2e. Standard Bank has set a long-term commitment to achieve net-zero carbon emissions for its lending and investment portfolio by 2050, starting from 2023. This ambitious target encompasses all scopes of emissions, reflecting the bank's dedication to addressing climate change and promoting sustainability within its operations and investment strategies. The bank's emissions data highlights its ongoing efforts to monitor and reduce its carbon footprint, aligning with industry standards and climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|
Scope 1 | 10,215,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 202,586,000 | 000,000,000 | 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 | 00,000,000 |
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 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.