Standard Chartered PLC
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.
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 PLC's score of 67 is higher than 82% 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 PLC's reported carbon emissions
In 2024, Standard Chartered PLC reported total carbon emissions of approximately 49,045,486,000 kg CO2e, with emissions distributed across various scopes: 7,696,000 kg CO2e (Scope 1), 17,272,000 kg CO2e (Scope 2), and a significant 49,045,486,000 kg CO2e (Scope 3). The combined Scope 1 and 2 emissions totalled about 24,968,000 kg CO2e. For the previous year, 2023, the bank's global emissions were approximately 45,887,261,000 kg CO2e, comprising 8,488,000 kg CO2e (Scope 1), 26,246,000 kg CO2e (Scope 2), and 45,887,261,000 kg CO2e (Scope 3). The total for Scope 1 and 2 was around 34,734,000 kg CO2e. Standard Chartered has set ambitious climate commitments, aiming for net zero in its Scope 1 and 2 emissions by 2025 and in its financed emissions by 2050. These targets reflect the bank's commitment to reducing its carbon footprint and aligning with global climate goals. The bank's near-term targets were established in 2020, with a focus on achieving these reductions within a five-year timeframe. The emissions data is sourced directly from Standard Chartered PLC, with no cascaded data from parent or related organizations. The bank's ongoing efforts and commitments position it as a proactive player in the financial sector's response to climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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 | 482,000 | 00,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
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 PLC is participating in some 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.
