Sterling Bank
Sterling Bank Plc, commonly referred to as Sterling Bank, is a prominent financial institution headquartered in Nigeria (NG). Established in 1960, the bank has evolved significantly, marking key milestones in its journey to becoming a leading player in the Nigerian banking sector. With a strong presence across major operational regions, Sterling Bank focuses on retail banking, corporate banking, and investment services. The bank offers a diverse range of core products, including savings and current accounts, loans, and digital banking solutions, distinguished by their customer-centric approach and innovative technology. Sterling Bank has garnered recognition for its commitment to sustainable banking practices and financial inclusion, positioning itself as a trusted partner for individuals and businesses alike. With a robust market presence, Sterling Bank continues to drive growth and innovation in the Nigerian financial landscape.
DitchCarbon Score
How does Sterling Bank'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
Sterling Bank's score of 7 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sterling Bank's reported carbon emissions
As of 2017, Sterling Bank reported total carbon emissions of approximately 14,460,923.35 kg CO2e. This figure includes Scope 1 emissions of about 6,433,872.75 kg CO2e, Scope 2 emissions of approximately 4,173,598.3 kg CO2e, and Scope 3 emissions totalling around 3,853,452.3 kg CO2e. In 2016, the bank's total emissions were higher, at about 15,896,230.5 kg CO2e, with Scope 1 emissions at approximately 6,983,041.58 kg CO2e, Scope 2 emissions of about 4,954,966.72 kg CO2e, and Scope 3 emissions reaching around 3,958,222.2 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Sterling Bank. The bank's commitment to addressing climate change remains vague, with no specific initiatives outlined in the available data.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2016 | 2017 | |
|---|---|---|
| Scope 1 | 6,983,041.58 | 0,000,000.00 |
| Scope 2 | 4,954,966.72 | 0,000,000.0 |
| Scope 3 | 3,958,222.2 | 0,000,000.0 |
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.
Sterling Bank is committed to some reduction initiatives 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.
