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Standard Chartered PLC, commonly known as Standard Chartered, is a leading British multinational banking and financial services company. Headquartered in London, United Kingdom (GB), this prominent institution was founded in 1853 and operates primarily within the financial intermediation services sector.
With an extensive network spanning Asia, Africa, and the Middle East, Standard Chartered specialises in connecting established and emerging markets. It offers a comprehensive range of financial services, including consumer, private, business, corporate, and institutional banking, alongside wealth management solutions.
The bank's unique strength lies in its deep understanding and strong presence in these dynamic regions, facilitating vital trade and investment flows. Standard Chartered is recognised for delivering tailored banking products and strategic financing, cementing its position as a key global financial partner.
100
DitchCarbon score
+63 vs industry average
Standard Chartered PLC’s score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Financial Intermediation has below-average carbon intensity
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Standard Chartered PLC's reported carbon emissions
Standard Chartered PLC, a UK-headquartered financial intermediation services company, reported total global carbon emissions of approximately 560.1 million kg CO2e in 2024. This includes about 7.7 million kg CO2e from Scope 1 emissions, 17.3 million kg CO2e from Scope 2 emissions, and 552.6 million kg CO2e from Scope 3 emissions.
Looking back, in 2023, the company's total emissions were approximately 589.4 million kg CO2e, with Scope 1 emissions at about 8.5 million kg CO2e, Scope 2 emissions at about 26.2 million kg CO2e, and Scope 3 emissions at about 554.7 million kg CO2e. In 2022, total emissions were around 605 million kg CO2e, comprising approximately 2.1 million kg CO2e from Scope 1, 47.4 million kg CO2e from Scope 2 (market-based), and 555.6 million kg CO2e from Scope 3.
Standard Chartered PLC has set ambitious climate commitments. They aim to achieve net zero for their Scope 1 and Scope 2 emissions by 2025. Additionally, the company is committed to reaching net zero in its financed emissions (a significant portion of its Scope 3 emissions) by 2050. As of 2025, they announced that they had reached their net zero target for Scope 1 and 2 emissions.
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Standard Chartered PLC’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
2025 targetSee details
Active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Standard Chartered PLC5 months ago
100
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Frequently asked questions
Common questions about Standard Chartered PLC’s sustainability data and climate commitments
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