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Public Profile
Financial Intermediation
ZA
updated 3 months ago

The Standard Bank of South Africa Limited Sustainability Profile

Company website

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.

42

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.

32

Industry Benchmark

The Standard Bank of South Africa Limited's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

64%

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The Standard Bank of South Africa Limited's reported carbon emissions

Inherited from Standard Bank Group Limited

The Standard Bank of South Africa Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of reported figures. The bank is a current subsidiary of Standard Bank Group Limited, which may influence its climate commitments and emissions reporting. As part of its climate strategy, Standard Bank Group Limited has made commitments to reduce its carbon footprint, although specific reduction targets for The Standard Bank of South Africa Limited have not been detailed. The bank's climate initiatives are likely aligned with broader corporate sustainability goals set by its parent company. While no specific emissions data or reduction targets are provided, the bank's involvement in initiatives such as the Carbon Disclosure Project (CDP) suggests a commitment to transparency and accountability in its environmental impact. The absence of direct emissions data indicates a potential area for improvement in reporting and climate action. In summary, The Standard Bank of South Africa Limited is currently lacking specific emissions data and reduction targets, but it is part of a larger corporate structure that may influence its climate commitments and initiatives.

Unlock detailed emissions data

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

201320142015201620172018201920202021202220232024
Scope 1
11,436,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
00,000,000
00,000,000
0,000,000
Scope 2
303,332,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
17,500,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is The Standard Bank of South Africa Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. The Standard Bank of South Africa Limited's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is The Standard Bank of South Africa Limited's Location?

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 The Standard Bank of South Africa Limited is in ZA, which has a very high grid carbon intensity relative to other regions.

The Standard Bank of South Africa Limited's Scope 3 Categories Breakdown

The Standard Bank of South Africa Limited's Scope 3 emissions, which increased by 3% last year and decreased by approximately 6% since 2013, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 11% of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 189% of Scope 3 emissions.

Top Scope 3 Categories

2024
Business Travel
189%
Waste Generated in Operations
11%

The Standard Bank of South Africa Limited's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

The Standard Bank of South Africa Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

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

Compare The Standard Bank of South Africa Limited's Emissions with Industry Peers

FirstRand Bank Limited

ZA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Deutsche Bank

DE
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 15 hours ago

Standard Chartered PLC

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

Absa

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

Santander Bank, National Association

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

Investec

ZA
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

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Where does DitchCarbon data come from?

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

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