Sterling Financial Holdings Company Plc
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.
-5 vs industry average
Sterling Financial Holdings Company Plc’s score of 30 is lower than 45% 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
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sterling Financial Holdings Company Plc's reported carbon emissions
In 2024, Sterling Financial Holdings Company Plc reported total carbon emissions of approximately 6.6 billion kg CO2e. This figure includes Scope 1 emissions of about 3.3 billion kg CO2e, Scope 2 emissions of approximately 2.7 billion kg CO2e, and Scope 3 emissions of around 584 million kg CO2e. The company has shown a commitment to transparency in its emissions reporting, disclosing data across all three scopes. However, there are currently no specific reduction targets or initiatives outlined in their climate commitments, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. Sterling Financial Holdings Company Plc's emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of its own operations. The company continues to engage in sustainability practices, although further details on specific initiatives or future reduction goals are not available at this time.
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Sterling Financial Holdings Company Plc’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Sterling Financial Holdings Company Plc yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Sterling Financial Holdings Company Plc
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