Standard Chartered Bank Kenya Limited Sustainability Profile
Standard Chartered Bank Kenya Limited, a prominent player in the financial services sector, is headquartered in Nairobi, Kenya. Established in 1911, the bank has a rich history and has evolved to become a leading provider of banking solutions in East Africa. With a strong presence in major operational regions, including Nairobi, Mombasa, and Kisumu, Standard Chartered offers a diverse range of services, including retail banking, corporate banking, and wealth management. The bank is renowned for its innovative products, such as digital banking solutions and tailored financial services, which cater to both individual and corporate clients. As a member of the Standard Chartered Group, it benefits from a global network, enhancing its market position. Notable achievements include its commitment to sustainable finance and community development, reinforcing its reputation as a responsible banking partner in Kenya.
DitchCarbon Score
How does Standard Chartered Bank Kenya Limited'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 Kenya Limited'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 Kenya Limited currently does not have specific carbon emissions data available for the most recent year, 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 Kenya Limited 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). The SBTi targets and other climate initiatives are cascaded down from Standard Chartered PLC, which is committed to reducing its overall carbon footprint and enhancing sustainability practices across its operations. While specific reduction targets for Standard Chartered Bank Kenya Limited are not detailed, the overarching goals set by Standard Chartered PLC reflect a commitment to addressing climate change and reducing greenhouse gas emissions. The bank's involvement in these initiatives underscores its dedication to aligning with global climate standards and contributing to a more sustainable future. In summary, while there are no specific emissions figures or reduction targets available for Standard Chartered Bank Kenya Limited, the bank is actively engaged in climate commitments through its affiliation with Standard Chartered PLC, which provides a framework for sustainability and emissions reduction.
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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 Kenya Limited's Industry?
How Carbon Intensive is Standard Chartered Bank Kenya Limited's Location?
Standard Chartered Bank Kenya Limited's Scope 3 Categories Breakdown
Standard Chartered Bank Kenya Limited'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.
Top Scope 3 Categories
Standard Chartered Bank Kenya Limited'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 Kenya Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
