Public Profile

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.

26

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.

26

Industry Benchmark

Standard Chartered Bank Korea Limited's score of 26 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.

70%

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 emissions from all three scopes: Scope 1 emissions were about 2,071,000 kg CO2e, Scope 2 emissions totalled approximately 47,363,000 kg CO2e, and Scope 3 emissions accounted for a significant portion, with investments contributing about 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 its operational impact, and the bank's future climate commitments will be crucial in aligning with global sustainability goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162017202020212022
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Standard Chartered Bank Korea Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Standard Chartered Bank Korea Limited is headquartered in KR, which we do not have grid emissions data for.

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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

Was this information valuable to you?

Similar Organizations

Korea Development Bank

KR
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Shinhan Bank

KR
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers