Standard Chartered Bank Malaysia Berhad Sustainability Profile
Standard Chartered Bank Malaysia Berhad, a prominent player in the financial services industry, is headquartered in Kuala Lumpur, Malaysia. Established in 1875, the bank has a rich history and has evolved to serve a diverse clientele across major operational regions, including Southeast Asia and beyond. Specialising in consumer banking, corporate banking, and wealth management, Standard Chartered offers a unique blend of innovative financial solutions tailored to meet the needs of individuals and businesses alike. Its core products, such as personal loans, credit cards, and investment services, are designed to provide exceptional value and convenience. With a strong market position, Standard Chartered Bank Malaysia Berhad is recognised for its commitment to sustainability and digital transformation, making it a trusted partner in the banking sector. The bank continues to achieve notable milestones, reinforcing its reputation as a leader in the Malaysian financial landscape.
DitchCarbon Score
How does Standard Chartered Bank Malaysia Berhad'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 Malaysia Berhad's score of 82 is higher than 91% 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 Malaysia Berhad currently does not have specific carbon emissions data available for the most recent year. The bank is a current subsidiary of Standard Chartered PLC, which influences its climate commitments and initiatives. While no absolute emissions figures are provided, Standard Chartered Bank Malaysia Berhad is aligned with the broader sustainability goals set by its parent company, Standard Chartered PLC. This includes commitments to the Science Based Targets initiative (SBTi) and other climate-related initiatives, which are cascaded down through the corporate family relationship. The bank is part of a larger effort to reduce carbon emissions and enhance sustainability practices, although specific reduction targets or achievements for Standard Chartered Bank Malaysia Berhad have not been disclosed. The overarching climate strategies are informed by the initiatives of Standard Chartered PLC, which include commitments to renewable energy and carbon neutrality. In summary, while specific emissions data for Standard Chartered Bank Malaysia Berhad is not available, the bank is engaged in climate commitments that reflect the goals and initiatives of its parent company, Standard Chartered PLC.
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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 Malaysia Berhad's Industry?
How Carbon Intensive is Standard Chartered Bank Malaysia Berhad's Location?
Standard Chartered Bank Malaysia Berhad's Scope 3 Categories Breakdown
Standard Chartered Bank Malaysia Berhad'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 Malaysia Berhad'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 Malaysia Berhad 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.
