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 28 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 Scope 1 emissions included mobile combustion (741,000 kg CO2e), fugitive emissions (2,416,000 kg CO2e), and stationary combustion (1,430,000 kg CO2e). The bank has made commitments to reduce its carbon footprint, although specific reduction targets or initiatives were not disclosed. The absence of documented reduction targets suggests that while Standard Bank is aware of its emissions, it may not have formalised strategies in place to achieve specific reductions. Overall, Standard Bank's emissions data highlights the significant environmental impact of its operations, particularly in Scope 2 emissions, which primarily arise from purchased electricity. The bank's ongoing efforts to address climate change will be crucial in aligning with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2012 | 2013 | 2014 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 9,778,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000,000 |
Scope 2 | 363,916,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 000,000,000 |
Scope 3 | 24,085,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 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 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.