Standard Bank
Standard Bank Group, one of Africa's largest financial institutions, is headquartered in Johannesburg, South Africa. Founded in 1862, the bank has established a significant presence across the continent, with operations in over 20 countries, including key markets in Southern and Eastern Africa. As a leading player in the banking industry, Standard Bank offers a comprehensive range of services, including personal and business banking, investment solutions, and wealth management. Its commitment to innovation and customer-centric solutions sets it apart in a competitive landscape. With a strong focus on sustainable finance and digital transformation, Standard Bank has achieved notable milestones, reinforcing its position as a trusted financial partner. The bank's dedication to empowering communities and driving economic growth further solidifies its reputation as a leader in the African banking sector.
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 28 is higher than 62% 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 137.7 million tonnes CO2e, comprising 18.6 million tonnes from Scope 1, 119.1 million tonnes from Scope 2, and about 16 million tonnes from Scope 3 emissions. The bank's Scope 1 emissions primarily stem from mobile combustion, fugitive emissions, and stationary combustion, while Scope 2 emissions are mainly from purchased electricity. Standard Bank has made significant strides in its climate commitments, achieving a score of B- in the CDP Climate Change Report, indicating a proactive approach to managing its environmental impact. The bank has set various reduction targets, although specific numerical targets were not detailed in the available data. The bank's emissions intensity per employee is reported at approximately 4,600 tonnes CO2e, and emissions per square metre of office space are around 240 tonnes CO2e. These metrics reflect the bank's ongoing efforts to monitor and reduce its carbon footprint across its operations. Overall, Standard Bank is actively engaged in addressing climate change through its emissions reporting and reduction initiatives, aligning with industry standards and expectations for corporate sustainability.
Unlock detailed emissions data
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 |
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 committed to some 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.
