Standard Chartered Bank Korea Limited
Standard Chartered Bank Korea Limited, a subsidiary of the renowned Standard Chartered Group, is headquartered in Seoul, South Korea. Established in 2004, the bank has rapidly positioned itself as a key player in the financial services industry, focusing on corporate banking, retail banking, and wealth management. With a commitment to innovation, Standard Chartered offers a range of unique products and services, including tailored financial solutions that cater to both individual and corporate clients. The bank's strong emphasis on digital banking and customer-centric services has garnered it a notable market position within the region. Recognised for its robust risk management practices and sustainable finance initiatives, Standard Chartered Bank Korea continues to achieve significant milestones, reinforcing its reputation as a trusted financial partner in the Asia-Pacific market.
DitchCarbon Score
How does Standard Chartered Bank Korea 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 Korea Limited's score of 37 is higher than 87% 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 Korea Limited's reported carbon emissions
In 2022, Standard Chartered Bank Korea Limited reported total carbon emissions of approximately 60,770,305,000 kg CO2e. This figure includes Scope 1 emissions of about 2,071,000 kg CO2e, Scope 2 emissions of approximately 47,363,000 kg CO2e, and significant Scope 3 emissions, primarily from investments, totalling around 58,500,000,000 kg CO2e. The bank has demonstrated a commitment to addressing climate change, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while the bank acknowledges its carbon footprint, it may not yet have formalised specific strategies for emissions reduction. Overall, Standard Chartered Bank Korea Limited's emissions profile reflects a substantial reliance on Scope 3 emissions, indicating a need for enhanced focus on sustainable practices across its investment portfolio and operational activities.
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| 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|
| Scope 1 | 846,480,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 54,519,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 192,275,000 | 000,000,000 | 000,000,000 | 00,000,000 | 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 Korea Limited 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.
