Public Profile

Standard Bank

Standard Bank Group, often referred to simply as Standard Bank, is a leading financial

DitchCarbon Score

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.

47

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

Standard Bank's score of 47 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

71%

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Standard Bank's reported carbon emissions

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.

Unlock detailed emissions data

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

201620172018201920202021202220232024
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

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Standard Bank'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 Standard Bank is in ZA, which has a very high 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.

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.

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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