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 29 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2017, Standard Chartered Bank reported total carbon emissions of approximately 178,956,000 kg CO2e. This figure includes about 5,870,000 kg CO2e from Scope 1 emissions and approximately 113,908,000 kg CO2e from Scope 2 emissions, resulting in a combined total of about 119,777,000 kg CO2e for Scope 1 and 2. Over the years, the bank has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from approximately 195,414,000 kg CO2e in 2015 to 178,956,000 kg CO2e in 2017. This represents a significant reduction in total emissions, highlighting the bank's ongoing efforts to address climate change. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of detailed reduction strategies suggests that while the bank is aware of its emissions, further commitments may be necessary to align with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | |
---|---|---|---|
Scope 1 | 6,312,000 | 0,000,000 | 0,000,000 |
Scope 2 | 136,570,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - |
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 India Branches is not participating in any of the initiatives that 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.