Standard Chartered Bank

Standard Chartered Bank, headquartered in GB, reported total emissions of approximately 51.33 billion kg CO2e in 2025. This includes Scope 1 emissions of about 5.79 million kg CO2e, Scope 2 emissions (location-based) of approximately 74.59 million kg CO2e, and Scope 3 emissions of around 51.32 billion kg CO2e. The majority of Scope 3 emissions, about 50.88 billion kg CO2e, came from investments.

Looking back, their total emissions were about 48.24 billion kg CO2e in 2024 and approximately 45.93 billion kg CO2e in 2023.

Standard Chartered Bank aims to achieve net-zero in its operations (Scope 1 and 2 emissions) by 2025. They have also set a long-term goal to reach net-zero financed emissions, aligning with the Paris Agreement, by 2050. Additionally, they target a 29% reduction in absolute financed emissions in Oil and Gas by 2030, against a 2020 baseline. The bank also plans to reduce absolute financed thermal coal-mining emissions by 85% by 2030, with a 2020 baseline.

The bank has set science-based targets for Scope 1 and 2 emissions, aiming for a 90% reduction to 18,000 tonnes by 2050, with interim targets of 121,000 tonnes by 2025 and 84,000 tonnes by 2030, based on a 2018 baseline.

Standard Chartered Bank also has a near-term goal to reduce its emissions from upstream transportation and distribution and business travel by 28% against 2019 levels by 2023.

Some climate commitments, such as RE100 and Race to Zero, are inherited from their ultimate parent company, Standard Chartered PLC.