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Standard Bank Group

Sustainability Report and Carbon Intensity Rankings

Is Standard Bank Group doing their part?

Their DitchCarbon score is 51

Standard Bank Group has a DitchCarbon Score of 51 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Standard Bank Group operates within the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Standard Bank Group operates in South Africa, which has a very high carbon intensity rating. This suggests that the company’s sustainability efforts may be challenged by the region’s heavy reliance on carbon-intensive energy sources.
0.17%

...this company is doing 0.17% better in emissions than the industry average.

Standard Bank Group, founded in 1862, is a prominent financial services institution headquartered in Johannesburg, South Africa. As a leader in the finance sector, the company boasts a rich heritage spanning over 154 years and operates extensively across 20 countries in sub-Saharan Africa. Their services are geared towards fostering growth within the continent, connecting African markets globally, and maintaining strategic international partnerships.

Good news, Standard Bank Group has set SBTi commitments

Standard Bank Group has established targets to significantly reduce their greenhouse gas emissions from both direct operations and purchased energy. Their commitments align with the scientific consensus needed to limit global temperature rise to 1.5°C.

There’s always room for improvement,

DitchCarbon recommends...

Standard Bank Group could reduce its emissions by 15% by investing in cleaner and more efficient machinery and equipment to enhance operational efficiency.
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✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.