Standard Chartered Bank, a leading international bank, has established a significant presence in India, with its headquarters located in Mumbai. Founded in 1853, the bank has evolved to become a key player in the financial services industry, focusing on retail banking, corporate banking, and wealth management. With a commitment to innovation, Standard Chartered offers a range of unique products and services, including personal loans, credit cards, and investment solutions tailored to meet the diverse needs of its clients. The bank is renowned for its strong emphasis on sustainability and responsible banking practices, positioning itself as a trusted partner in the financial landscape. As a prominent player in the Indian banking sector, Standard Chartered Bank continues to achieve notable milestones, reinforcing its reputation for excellence and customer-centric solutions across major operational regions in the country.
How does Standard Chartered Bank India Branches'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.
Mean score of companies in the Services Auxiliary to 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.
Standard Chartered Bank India Branches's score of 39 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Standard Chartered Bank India Branches currently does not report specific carbon emissions data, as no emissions figures are available. However, the bank is part of a broader corporate family, inheriting climate commitments and targets from its parent company, Standard Chartered PLC. As a current subsidiary, Standard Chartered Bank India Branches aligns with the sustainability initiatives and reduction targets set by Standard Chartered PLC, which are cascaded down through the corporate structure. These initiatives include commitments to the Science Based Targets initiative (SBTi), the Carbon Disclosure Project (CDP), and the RE100 initiative, all aimed at reducing carbon emissions and promoting renewable energy usage. While specific reduction targets for the Indian branches are not detailed, the overarching goals from Standard Chartered PLC reflect a commitment to significant climate action. The bank's climate strategy is part of a larger effort to address climate change and reduce environmental impact across its operations. In summary, while Standard Chartered Bank India Branches does not provide specific emissions data, it is committed to the climate goals set by its parent company, Standard Chartered PLC, and participates in various industry-standard initiatives aimed at reducing carbon emissions and enhancing sustainability.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | - |
| Scope 2 | - | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | - |
| Scope 3 | 94,000,000 | 00,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | - |
Standard Chartered Bank India Branches's Scope 3 emissions, which increased by 7% last year and increased significantly since 2019, 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 74% of Scope 3 emissions.
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 India Branches 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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