Ditchcarbon
  • Contact
  1. Organizations
  2. Sterling Financial Holdings Company Plc
Public Profile
Financial Intermediation
NG
updated a month ago

Sterling Financial Holdings Company Plc

Company website

Sterling Financial Holdings Company 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. Sterling Bank operates primarily in retail and commercial banking, offering a diverse range of services including loans, savings accounts, and investment products. What sets Sterling apart is its commitment to innovation and customer-centric solutions, catering to the unique needs of its clientele. With a strong market position, Sterling Financial Holdings has garnered recognition for its robust financial performance and dedication to sustainable banking practices. The bank continues to expand its operational footprint across Nigeria, reinforcing its status as a trusted partner in financial services.

DitchCarbon Score

How does Sterling Financial Holdings Company 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.

44

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.

27

Industry Benchmark

Sterling Financial Holdings Company Plc's score of 44 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.

65%

Let us know if this data was useful to you

Sterling Financial Holdings Company Plc's reported carbon emissions

In 2024, Sterling Financial Holdings Company Plc reported total carbon emissions of approximately 6,604,507,100 kg CO2e. This figure includes 3,330,326,320 kg CO2e from Scope 1 emissions, 2,690,143,460 kg CO2e from Scope 2 emissions, and 584,037,310 kg CO2e from Scope 3 emissions. In 2023, the company’s emissions were significantly lower, totalling about 6,370,460 kg CO2e, with Scope 1 emissions at 2,772,000 kg CO2e (including mobile and stationary combustion), Scope 2 emissions from purchased electricity at 3,096,330 kg CO2e, and Scope 3 emissions from business travel at 8,890 kg CO2e. Sterling Financial Holdings has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from a parent organization, indicating that all reported figures are directly from Sterling Financial Holdings Company Plc. Overall, while the company has made strides in reporting its emissions, it currently lacks defined climate commitments or reduction strategies.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20172018201920202021202220232024
Scope 1
-
-
-
-
-
0,000,000.00
0,000,000
0,000,000,000
Scope 2
-
-
-
-
-
0,000,000.0
0,000,000
0,000,000,000
Scope 3
-
-
-
-
-
00,000.0
0,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Sterling Financial Holdings Company Plc's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Sterling Financial Holdings Company Plc is in NG, which has a low grid carbon intensity relative to other regions.

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 Financial Holdings Company Plc is not participating in any 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

FCMB Group Plc

NG
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 10 days ago

Barclays PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Natwest

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Squarespace

US
•
Computer and related services (72)
Updated 2 months ago

Standard Chartered PLC

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 6 days ago

Wise

GB
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251028.3
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy