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.
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.
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.
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.
In 2023, Standard Chartered PLC, headquartered in Great Britain, reported a revenue of approximately $16.6 billion. However, specific carbon emissions data for the year is not disclosed. The previous year, 2022, also lacks detailed emissions figures, indicating a need for improved transparency in their environmental reporting. Standard Chartered has committed to achieving net zero in its Scope 1 and Scope 2 emissions by 2025, alongside a target for net zero in financed emissions by 2050. These commitments reflect the bank's dedication to addressing climate change and reducing its carbon footprint. The bank's climate strategy is aligned with industry standards, aiming to enhance sustainability within the financial sector. Despite the absence of specific emissions data, Standard Chartered's near-term targets demonstrate a proactive approach to climate action, underscoring its role as a responsible financial institution in the UK and globally.
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.