Standard Chartered Bank Ghana PLC Sustainability Profile
Standard Chartered Bank Ghana PLC, a prominent player in the banking sector, is headquartered in Accra, GH. Established in 1896, the bank has a rich history marked by significant milestones, including its commitment to sustainable banking practices and community development. Operating primarily in retail, corporate, and investment banking, Standard Chartered offers a diverse range of financial services tailored to meet the needs of individuals and businesses alike. The bank's core products include personal loans, mortgages, and wealth management services, distinguished by their customer-centric approach and innovative digital solutions. As a leading financial institution in Ghana, Standard Chartered Bank has garnered recognition for its robust market position and dedication to excellence, making it a trusted partner for financial growth and stability in the region.
DitchCarbon Score
How does Standard Chartered Bank Ghana PLC'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 Ghana PLC's score of 82 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Standard Chartered Bank Ghana PLC currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. However, the bank is part of a broader corporate family that includes Standard Chartered PLC, which has established various climate commitments and initiatives. As a current subsidiary of Standard Chartered PLC, Standard Chartered Bank Ghana PLC inherits climate targets and initiatives from its parent organisation. These include commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which aim to drive significant reductions in greenhouse gas emissions across their operations. While specific reduction targets for Standard Chartered Bank Ghana PLC are not detailed, the overarching goals set by Standard Chartered PLC reflect a commitment to sustainability and climate action. The bank is also involved in initiatives such as RE100, which focuses on transitioning to 100% renewable energy, and the Race to Zero campaign, which encourages businesses to take rigorous action towards net-zero emissions. In summary, while Standard Chartered Bank Ghana PLC does not report specific emissions data, it is aligned with the climate commitments and reduction initiatives of its parent company, Standard Chartered PLC, demonstrating a commitment to addressing climate change and reducing carbon emissions in the financial sector.
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| 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 Ghana PLC's Industry?
How Carbon Intensive is Standard Chartered Bank Ghana PLC's Location?
Standard Chartered Bank Ghana PLC's Scope 3 Categories Breakdown
Standard Chartered Bank Ghana PLC'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.
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Standard Chartered Bank Ghana PLC'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 Ghana PLC 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.
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