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 47 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Standard Bank's reported carbon emissions
In 2024, Standard Bank reported total carbon emissions of approximately 147,687,000 kg CO2e globally, with Scope 1 emissions at about 6,960,000 kg CO2e and Scope 2 emissions at approximately 124,222,000 kg CO2e. The bank's Scope 3 emissions were reported at about 16,505,000 kg CO2e, primarily from business travel and waste generated in operations. Standard Bank has set ambitious climate commitments, aiming for net-zero emissions across its lending and investment portfolio by 2050. Additionally, the bank has established a target to reduce its direct emissions (Scope 1) by 79% by 2040, using 2014 as the baseline year. This commitment reflects a long-term strategy to significantly lower its carbon footprint. The emissions data is sourced from Standard Bank Group Limited, with no cascaded data from parent organizations. The bank's climate strategy aligns with industry standards, demonstrating a proactive approach to addressing climate change and reducing its environmental impact.
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Access structured emissions data, company-specific emission factors, and source documents
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 11,836,000 | 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 | 233,107,000 | 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 | 35,009,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 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.
