Standard Bank Group, often referred to simply as Standard Bank, is a leading financial
How does Standard Bank'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.
Standard Bank's score of 47 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Standard Bank reported total carbon emissions of approximately 147,687,000 kg CO2e globally, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions totalled about 6,960,000 kg CO2e, while Scope 2 emissions reached approximately 124,222,000 kg CO2e. The bank has not disclosed any Scope 3 emissions data for this year. Standard Bank has set ambitious climate commitments, aiming for net-zero emissions across its lending and investment portfolio by 2050. Additionally, the bank has established a target to reduce its direct emissions (Scope 1) by 79% by 2040, using 2014 as the baseline year. This target also applies to Scope 2 emissions, indicating a comprehensive approach to reducing its carbon footprint. The bank's emissions reduction strategy reflects its commitment to sustainability and aligns with industry standards for climate action. As it progresses towards these targets, Standard Bank is actively working to enhance its environmental impact and contribute to global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 11,836,000 | 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 | 233,107,000 | 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 | 35,009,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Standard Bank 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.