Standard Bank Group Ltd
Standard Bank Group's Climate Target Data Preview
As of 2023, Standard Bank Group has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Standard Bank Group ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2025 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  a | 2035 |
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Verified Sources Behind Standard Bank Group’s Climate Targets Data
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Insights into Standard Bank Group's Greenhouse Gas Emissions Pathways
As of 2023, Standard Bank Group has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a
Does Standard Bank Group have a target to reduce the emissions from its operations?
As of 2023, Standard Bank Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a
Standard Bank Group's most ambitious operational target is to reduce these emissions by 76.47% by 2035, compared to a baseline of 149,727 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022. a
As of 2023, Standard Bank Group is ahead of schedule on its operational emissions reduction target, having achieved 10.54% of the planned reduction. a