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 42 is higher than 93% 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 2023, Standard Chartered PLC, headquartered in Great Britain, reported no specific carbon emissions data, as their disclosures for Scope 1, 2, and 3 emissions remain unavailable. However, the bank has set ambitious climate commitments, aiming for net zero in their Scope 1 and 2 emissions by 2025, and in their financed emissions by 2050. This commitment reflects a significant focus on reducing their carbon footprint in the near term, aligning with global climate action goals. The bank's climate strategy includes a comprehensive transition plan, which outlines their commitment to achieving net zero emissions across all scopes by 2050. This initiative is part of a broader effort to enhance sustainability within the financial sector, particularly in the context of increasing regulatory and societal pressures for transparency and accountability in carbon emissions. Standard Chartered's commitment to net zero emissions by 2025 for Scope 1 and 2, and by 2050 for financed emissions, positions them as a proactive player in the banking industry, addressing the urgent need for climate action.
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.
