Ditchcarbon
  • Contact
  1. Organizations
  2. Standard Chartered PLC
Public Profile
Financial Intermediation
GB
updated 23 days ago

Standard Chartered PLC Sustainability Profile

Company website

Standard Chartered PLC, a leading international banking group, is headquartered in London, GB. Founded in 1969, the bank has established a strong presence in Asia, Africa, and the Middle East, focusing on providing a diverse range of financial services. With a commitment to innovation, Standard Chartered offers unique products in retail banking, corporate banking, and wealth management, catering to both individual and institutional clients. The bank is renowned for its expertise in emerging markets, positioning itself as a trusted partner in these regions. Notable achievements include a robust digital banking platform and a strong emphasis on sustainable finance, reflecting its dedication to responsible banking practices. As a prominent player in the global banking industry, Standard Chartered continues to enhance its market position through strategic initiatives and a customer-centric approach.

DitchCarbon Score

How does Standard Chartered PLC'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.

90

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.

32

Industry Benchmark

Standard Chartered PLC's score of 90 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Let us know if this data was useful to you

Standard Chartered PLC's reported carbon emissions

In 2024, Standard Chartered PLC reported total carbon emissions of approximately 24,968,000 kg CO2e, which includes 7,696,000 kg CO2e from Scope 1 and 17,272,000 kg CO2e from Scope 2 emissions. The bank's Scope 3 emissions were significantly higher, amounting to about 49,049,672,000 kg CO2e, primarily driven by investments and purchased goods and services. For 2025, the bank aims to achieve net zero in its Scope 1 and 2 emissions, with a target of 60,000,000 kg CO2e for these scopes. Additionally, Standard Chartered has committed to reaching net zero in its financed emissions by 2050. This commitment reflects the bank's broader climate strategy, which includes significant reduction targets for its operational emissions. Standard Chartered's emissions data is sourced directly from the organisation, with no cascading from a parent company. The bank has not yet submitted specific near-term targets to the Science Based Targets initiative (SBTi) but has expressed intentions to comply with climate commitments. The bank's climate initiatives are part of its ongoing efforts to align with global sustainability goals and reduce its overall carbon footprint.

Unlock detailed emissions data

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

2019202020212022202320242025
Scope 1
-
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
-
Scope 2
-
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-
Scope 3
94,000,000
00,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000
-

How Carbon Intensive is Standard Chartered PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Standard Chartered PLC's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Standard Chartered PLC's Location?

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 PLC is in GB, which has a very low grid carbon intensity relative to other regions.

Standard Chartered PLC's Scope 3 Categories Breakdown

Standard Chartered PLC's Scope 3 emissions, which increased by 7% last year and increased significantly since 2019, 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 74% of Scope 3 emissions.

Top Scope 3 Categories

2024
Investments
74%
Purchased Goods and Services
<1%
Employee Commuting
<1%
Business Travel
<1%
Capital Goods
<1%
Upstream Transportation & Distribution
<1%
Downstream Leased Assets
<1%
Waste Generated in Operations
<1%

Standard Chartered PLC'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 PLC has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare Standard Chartered PLC's Emissions with Industry Peers

AIA Group Limited

HK
•
Insurance and pension funding services, except compulsory social security services (66)
Updated 6 days ago

Credit Suisse Group (Schweiz)

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 1 day ago

Ubs

CH
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 11 days ago

Danske Bank A Slash S

DK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

American Express

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Citi

US
•
Services auxiliary to financial intermediation (67)
Updated about 19 hours ago

Frequently Asked Questions

Common questions about Standard Chartered PLC's sustainability data and climate commitments

Let us know if this data was useful to you

Where does DitchCarbon data come from?

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

Ditchcarbon
v251114.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
AWS Marketplace logo
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy