Public Profile

Stanbic IBTC Holdings PLC

Stanbic IBTC Holdings PLC, a prominent financial services group headquartered in Nigeria, has established itself as a leader in the banking and investment sector since its inception in 1989. With a strong presence across major operational regions in Nigeria, the company offers a diverse range of services, including commercial banking, investment management, and insurance solutions. Renowned for its innovative approach, Stanbic IBTC provides unique products such as tailored investment solutions and digital banking services, catering to both individual and corporate clients. The firm has achieved significant milestones, including numerous awards for excellence in customer service and financial performance, solidifying its market position as a trusted financial partner. With a commitment to driving economic growth in Nigeria, Stanbic IBTC continues to set benchmarks in the industry.

DitchCarbon Score

How does Stanbic IBTC Holdings PLC'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.

19

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.

27

Industry Benchmark

Stanbic IBTC Holdings PLC's score of 19 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

13%

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Stanbic IBTC Holdings PLC's reported carbon emissions

In 2023, Stanbic IBTC Holdings PLC reported total carbon emissions of approximately 250,289,000 kg CO2e. This figure represents the company's overall emissions but does not specify the breakdown into Scope 1, 2, or 3 emissions, as no detailed data is available for these categories. The company has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. As such, there are no documented commitments to the Science Based Targets initiative (SBTi) or other climate pledges. Overall, while Stanbic IBTC Holdings PLC has provided emissions data for 2023, further details on their climate commitments and reduction strategies remain unspecified.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Stanbic IBTC Holdings PLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Stanbic IBTC Holdings PLC is in NG, which has a medium grid carbon intensity relative to other regions.

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.

Stanbic IBTC Holdings PLC 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.

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

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Where does DitchCarbon data come from?

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