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 5.79 million kg CO2e, and Scope 3 emissions of 51.32 billion kg CO2e. Note that Scope 2 emissions data was not available for 2025.

In 2024, the bank's total emissions were approximately 48.24 billion kg CO2e, comprising Scope 1 emissions of 7.70 million kg CO2e, Scope 2 market-based emissions of 17.27 million kg CO2e, and Scope 3 emissions of 48.21 billion kg CO2e. For 2023, total emissions were about 45.93 billion kg CO2e, with Scope 1 emissions at 8.49 million kg CO2e, Scope 2 market-based emissions at 26.25 million kg CO2e, and Scope 3 emissions at 45.89 billion kg CO2e.

Standard Chartered Bank has set several climate commitments:

• Net Zero: The bank aims to achieve net zero emissions from its own operations (Scope 1 and 2) by 2025. This target was met in 2025. For financed emissions (Scope 3 downstream), the goal is net zero by 2050, aligning with the Paris Agreement.
• Emissions Reduction Targets (from Standard Chartered PLC):
  • An 85% absolute reduction in financed thermal coal-mining emissions by 2030 (from a 2020 baseline) for both Scope 1 and Scope 2.
  • A 20% intensity reduction in CO2/RTK for its passenger fleet by 2025 for Scope 1 and Scope 2 (from a 2017 baseline).
  • A 29% absolute reduction in financed Oil and Gas emissions by 2030 (from a 2020 baseline) for Scope 1.
  • A 90% absolute reduction in annual greenhouse gas emissions (Scope 1 and 2) by 2050, targeting 18,000 tonnes CO2e, with interim targets of 121,000 tonnes by 2025 and 84,000 tonnes by 2030 (from a 2018 baseline).
  • A 28% absolute reduction in Upstream transportation and distribution and Business travel emissions (Scope 3 upstream) by 2023 against 2019 levels.