Standard Bank Sustainability Profile
Standard Bank, officially known as Standard Bank of the United States, is a prominent financial institution headquartered in the US, with significant operations across various regions. Founded in the early 20th century, the bank has established itself as a key player in the banking and financial services industry, focusing on areas such as corporate banking, investment services, and personal finance. With a commitment to innovation, Standard Bank offers a range of core products, including tailored lending solutions, wealth management, and comprehensive investment services. Its unique approach to customer service and financial advisory sets it apart in a competitive market. Recognised for its strong market position, Standard Bank continues to achieve notable milestones, reinforcing its reputation as a trusted partner for individuals and businesses alike.
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 23 is lower than 71% 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
As of the latest available data, Standard Bank does not report specific carbon emissions figures, indicating a lack of detailed emissions data for the most recent year. The bank is classified as a merged entity, inheriting its climate commitments and initiatives from its parent organisation, Standard Bank. Currently, there are no documented reduction targets or climate pledges available for Standard Bank, which suggests that the bank may still be in the process of establishing its specific climate action framework. The absence of emissions data and reduction initiatives highlights a potential area for development in their sustainability strategy. Given the context of the financial services industry, Standard Bank's commitment to addressing climate change is crucial, especially as stakeholders increasingly demand transparency and accountability in carbon emissions. The bank's future climate commitments will likely align with industry standards and best practices, potentially cascading from its parent organisation's initiatives. Overall, while specific emissions data and reduction targets are currently unavailable, Standard Bank's ongoing efforts in climate action will be essential for its long-term sustainability and alignment with global climate goals.
How Carbon Intensive is Standard Bank's Industry?
How Carbon Intensive is Standard Bank's Location?
Standard Bank's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Standard Bank has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
