Public Profile

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.

48

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.

26

Industry Benchmark

Standard Bank's score of 48 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Standard Bank's reported carbon emissions

In 2023, Standard Bank reported total carbon emissions of approximately 153,652,000 kg CO2e, comprising 18,560,000 kg CO2e from Scope 1, 119,352,000 kg CO2e from Scope 2, and 15,999,000 kg CO2e from Scope 3 emissions. The bank's emissions intensity per employee was about 4,600 kg CO2e, while emissions per square metre of office space were approximately 240 kg CO2e. In 2022, the bank's emissions were approximately 162,085,000 kg CO2e, with Scope 1 emissions at 12,083,000 kg CO2e, Scope 2 at 137,644,000 kg CO2e, and Scope 3 at 12,358,000 kg CO2e. Notably, the bank has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future focus. Standard Bank's headquarters is located in South Africa (ZA), and it operates across various regions, including North America, Europe, and Africa. The bank's commitment to addressing climate change is evident in its emissions reporting, although further initiatives and targets could enhance its sustainability efforts.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Standard Bank's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Standard Bank is headquartered in ZA, which has a rank of very high, indicating very high grid carbon 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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