Standard Chartered Bank - UAE Branches Sustainability Profile
Standard Chartered Bank, a leading international bank headquartered in the United Arab Emirates (UAE), has established a strong presence across the region. Founded in 1969, the bank has evolved to become a key player in the financial services industry, focusing on retail banking, corporate banking, and wealth management. With branches strategically located throughout the UAE, Standard Chartered offers a diverse range of core products and services, including personal loans, credit cards, and investment solutions, distinguished by their customer-centric approach and innovative digital banking capabilities. The bank's commitment to sustainability and community engagement further enhances its reputation, positioning it as a trusted partner in the financial landscape. Recognised for its robust market position, Standard Chartered Bank continues to achieve notable milestones, reinforcing its status as a premier banking institution in the UAE.
DitchCarbon Score
How does Standard Chartered Bank - UAE 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.
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 - UAE Branches'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.
Let us know if this data was useful to you
Standard Chartered Bank - UAE Branches currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of Standard Chartered PLC, which influences its climate commitments and initiatives. While there are no specific reduction targets or achievements reported for the UAE branches, the overarching climate strategies and commitments are inherited from Standard Chartered PLC. This includes participation in various initiatives such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are cascaded down from the parent organisation. Standard Chartered PLC has set ambitious climate goals, including commitments to reduce emissions across its operations and to support sustainable finance initiatives. However, specific details regarding the UAE branches' individual targets or performance metrics are not disclosed. In summary, while Standard Chartered Bank - UAE Branches is aligned with broader corporate climate commitments, specific emissions data and reduction targets are currently unavailable.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 - UAE Branches's Industry?
How Carbon Intensive is Standard Chartered Bank - UAE Branches's Location?
Standard Chartered Bank - UAE Branches's Scope 3 Categories Breakdown
Standard Chartered Bank - UAE Branches'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 - UAE Branches'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 - UAE Branches 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.
