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Financial Intermediation
AE
updated 7 months ago

Standard Chartered Bank - UAE Branches

Company website

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.

82

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.

28

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.

91%

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Standard Chartered Bank - UAE Branches's reported carbon emissions

Inherited from Standard Chartered Bank

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

20142015201620172018201920202021202220232024
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
00,000,000,000
00,000,000,000
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 - UAE Branches'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. This request for Standard Chartered Bank - UAE Branches is in AE, which has a medium grid carbon intensity relative to other regions.

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 - UAE Branches 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.

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

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