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 47 is higher than 71% 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, comprising 6,960,000 kg CO2e from Scope 1, 124,222,000 kg CO2e from Scope 2, and 16,505,000 kg CO2e from Scope 3 emissions. The bank has set ambitious climate commitments, aiming for net-zero emissions across its lending and investment portfolio by 2050. Additionally, it targets a 79% reduction in direct emissions (Scope 1 and 2) by 2040, using 2014 as the baseline year. The bank's emissions data is sourced from Standard Bank Group Limited, with no cascaded data from other corporate entities. The commitment to reduce emissions reflects a proactive approach to climate change, aligning with industry standards and expectations for corporate responsibility.
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 |
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.