Standard Chartered Bank
Standard Chartered Bank, a leading international bank headquartered in Great Britain, has established a strong presence across Asia, Africa, and the Middle East since its founding in 1969. Renowned for its commitment to emerging markets, the bank operates primarily in the financial services industry, focusing on retail banking, corporate banking, and wealth management. With a diverse portfolio of core products and services, including personal loans, credit cards, and investment solutions, Standard Chartered differentiates itself through its innovative digital banking platforms and customer-centric approach. The bank has achieved notable milestones, such as being recognised for its sustainable finance initiatives and strong corporate governance. As a prominent player in the global banking sector, Standard Chartered continues to enhance its market position, driven by a commitment to responsible banking and a focus on delivering exceptional value to its clients.
DitchCarbon Score
How does Standard Chartered 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 Chartered Bank's score of 98 is higher than 99% 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 Chartered Bank's reported carbon emissions
In 2024, Standard Chartered Bank reported total carbon emissions of approximately 76,960,000 kg CO2e for Scope 1, 17,272,000 kg CO2e for Scope 2, and a significant 38,171,000,000 kg CO2e for Scope 3 emissions, which includes investments and various operational activities. The bank's Scope 1 and 2 emissions combined totalled about 24,968,000 kg CO2e, reflecting a 28% reduction from the previous year. For 2023, the bank's emissions were reported as 8,488,000 kg CO2e for Scope 1 and 26,246,000 kg CO2e for Scope 2, with Scope 3 emissions reaching approximately 45,337,000,000 kg CO2e. Notably, in 2022, the bank's total emissions were about 54,897,000,000 kg CO2e, indicating a trend towards reduction. Standard Chartered has set ambitious climate commitments, aiming for net-zero financed emissions by 2050, aligning with the Paris Agreement. They plan to reduce absolute financed thermal coal-mining emissions by 85% by 2030 and have interim targets to achieve net-zero emissions in their own operations by 2025. Additionally, they aim for a 20% reduction in emissions intensity in their passenger fleet by 2025. The emissions data is cascaded from Standard Chartered PLC, the parent company, which oversees the bank's sustainability initiatives and targets. The bank's commitment to reducing its carbon footprint is evident in its structured approach to emissions management and reduction strategies across all scopes.
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Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 7,922,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 180,014,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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 Chartered 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.
