The Standard Bank of South Africa Limited
The Standard Bank of South Africa Limited, often referred to simply as Standard Bank, is a leading financial institution headquartered in Johannesburg, South Africa (ZA). Established in 1862, it has grown to become one of Africa's largest banking groups, with a significant presence across the continent and in key international markets. Operating primarily in the banking and financial services industry, Standard Bank offers a diverse range of products, including personal and business banking, investment services, and wealth management. Its commitment to innovation and customer-centric solutions sets it apart in a competitive landscape. With a strong market position, Standard Bank has achieved numerous accolades, reflecting its dedication to excellence and sustainable growth. The bank continues to play a pivotal role in driving economic development across Africa, making it a cornerstone of the region's financial ecosystem.
DitchCarbon Score
How does The Standard Bank of South Africa Limited'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
The Standard Bank of South Africa Limited's score of 16 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Standard Bank of South Africa Limited's reported carbon emissions
The Standard Bank of South Africa Limited has not disclosed specific carbon emissions data for recent years, with the latest available information dating back to 2010. In that year, the bank reported emissions data but did not provide specific figures for Scope 1, 2, or 3 emissions. Consequently, there are no absolute emissions numbers available for analysis. Furthermore, the bank has not established any documented reduction targets or initiatives related to carbon emissions, nor have they made any climate pledges. This lack of publicly available data on emissions and commitments suggests that Standard Bank may need to enhance its transparency and accountability regarding climate action. In the context of the financial industry, it is increasingly important for institutions like Standard Bank to set measurable climate commitments and disclose emissions data to align with global sustainability goals. As the financial sector plays a crucial role in financing the transition to a low-carbon economy, the absence of specific emissions data and reduction targets may hinder the bank's ability to demonstrate leadership in climate responsibility.
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.
The Standard Bank of South Africa Limited 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.
