Standard Chartered Bank Sustainability Profile
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 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Standard Chartered Bank's reported carbon emissions
In 2024, Standard Chartered Bank reported total carbon emissions of approximately 38.8 billion kg CO2e. This figure includes Scope 1 emissions of about 7.7 million kg CO2e, Scope 2 emissions of approximately 17.3 million kg CO2e, and Scope 3 emissions amounting to about 38.7 billion kg CO2e. The bank has made significant strides in reducing its emissions, achieving a 28% reduction in Scope 1 and 2 emissions, which totalled 24,968 tonnes CO2e in 2024. The bank has set ambitious climate commitments, aiming for net-zero financed emissions by 2050, in alignment with the Paris Agreement. Specific near-term targets include an 85% reduction in absolute financed thermal coal-mining emissions by 2030 and a commitment to reach net-zero emissions in its own operations by 2025. Additionally, Standard Chartered plans to reduce its Scope 2 emissions by 34% in 2024. Data for Standard Chartered Bank's emissions is cascaded from its parent organization, Standard Chartered PLC, which oversees the bank's sustainability initiatives and targets. The bank's comprehensive approach to climate action reflects its commitment to addressing climate change and reducing its overall carbon footprint.
Unlock detailed emissions data
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 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Standard Chartered Bank's Industry?
How Carbon Intensive is Standard Chartered Bank's Location?
Standard Chartered Bank's Scope 3 Categories Breakdown
Standard Chartered Bank's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Investments" being the largest emissions source at 99% of Scope 3 emissions.
Top Scope 3 Categories
Standard Chartered 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 Chartered Bank has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
United Overseas Bank
Wells Fargo
Banco Santander
Qatar International Islamic Bank (Q.P.S.C)
Commercial Bank Of Qatar
Qatar Islamic Bank
Let us know if this data was useful to you
Usage Policy
You're welcome to quote or reference data from this page, but please include a visible link back to this URL.
Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.