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 26 is higher than 95% 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. This figure includes Scope 1 emissions of about 8,488,000 kg CO2e, Scope 2 emissions of approximately 26,246,000 kg CO2e, and a significant Scope 3 contribution of around 42,450,410,000 kg CO2e. Over the years, the bank has shown fluctuations in its emissions, with a notable reduction from about 290,937,000 kg CO2e in 2018 to the latest figure in 2023. The bank's emissions peaked at approximately 501,170,410,000 kg CO2e in 2022, indicating a complex relationship between its operational activities and carbon output. Standard Chartered Bank has committed to near-term climate targets, although it has not yet established a net-zero commitment. The bank is currently in a transitory grace period for compliance with its Commitment Compliance Policy, with targets expected to be submitted by July 31, 2023. This reflects the bank's ongoing efforts to align with industry standards and enhance its climate strategy. Overall, Standard Chartered Bank's emissions data and commitments highlight its role in the financial sector's transition towards more sustainable practices, while also indicating the challenges faced in managing extensive Scope 3 emissions, primarily from investments and business activities.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 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 committed to some 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.
