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 47 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Standard Chartered Bank's reported carbon emissions
In 2023, Standard Chartered Bank reported total carbon emissions of approximately 42,485,144,000 kg CO2e, with emissions distributed across various scopes: 8,488,000 kg CO2e (Scope 1), 26,246,000 kg CO2e (Scope 2), and a significant 42,450,410,000 kg CO2e (Scope 3). This reflects the bank's extensive operational footprint, particularly in Scope 3 emissions, which primarily arise from investments and business travel. The bank's emissions have fluctuated over the years, with a notable reduction from 2014's total of about 308,646,000 kg CO2e. However, there are currently no specific reduction targets or initiatives disclosed by Standard Chartered Bank, indicating a potential area for improvement in their climate commitments. Standard Chartered Bank's climate strategy is crucial in the context of the financial sector's growing emphasis on sustainability and carbon neutrality. As the bank continues to navigate its environmental impact, it remains essential for them to establish clear reduction targets and enhance transparency in their climate commitments.
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Scope 2 | 180,014,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 120,710,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 committed to any reduction initiatives 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.
