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.
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.
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.
The Standard Bank of South Africa Limited's score of 14 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Standard Bank of South Africa Limited has not disclosed specific carbon emissions data for recent years, including Scope 1, 2, or 3 emissions. The latest available data dates back to 2010, with no emissions figures provided for that year. Consequently, there are no reported reduction targets or climate commitments from the bank, nor any significant achievements in emissions reduction. In the absence of specific emissions data, it is important to note that the banking sector is increasingly focusing on sustainability and climate commitments. Many institutions are setting ambitious targets to reduce their carbon footprints and align with global climate goals. However, without specific information from The Standard Bank, it is unclear how they are addressing these challenges or what commitments they may have made in the context of climate change.
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 committed to any 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.