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Financial Intermediation
US
updated 6 months ago

Standard Bank

Company website

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.

23

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.

28

Industry Benchmark

Standard Bank's score of 23 is lower than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

30%

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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.

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. This request for Standard Bank is in US, which has a low grid carbon intensity relative to other regions.

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 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.

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

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