Standard Bank Group Ltd
Standard Bank Group's GHG Emissions Data Preview
In 2024, Standard Bank Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Standard Bank Group has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Standard Bank Group’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Standard Bank Group’s data sources below and access millions more through our Disclosure Search.
Insights into Standard Bank Group's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Standard Bank Group amounted to 218,301 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Standard Bank Group increased by 1.14%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
Standard Bank Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Standard Bank Group's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Standard Bank Group were 13,877 metric tons of CO₂ equivalent (tCO₂e). a
Has Standard Bank Group reduced its Scope 1 emissions over time?
Since 2018, Standard Bank Group's Scope 1 emissions have increased by 35.85%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), Standard Bank Group's Scope 1 emissions decreased by 51.35%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Standard Bank Group's Scope 2 emissions?
In 2024, Standard Bank Group reported Scope 2 greenhouse gas (GHG) emissions of 204,424 tCO₂e without specifying the calculation method. a
Has Standard Bank Group reduced its Scope 2 emissions over time?
Since 2018, Standard Bank Group's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have remained relatively stable, indicating that Standard Bank Group 's emissions have plateaued with no significant change in its energy consumption footprint. a b
Compared to the previous year (2023), Standard Bank Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Standard Bank Group 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Standard Bank Group use for Scope 2 reporting?
In 2024, Standard Bank Group reported its Scope 2 emissions using an unspecified methodology. a
Standard Bank Group's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Standard Bank Group's Value Chain Emissions
In 2024, Standard Bank Group reported 34,859,974 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2024 disclosure of Standard Bank Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
Standard Bank Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Standard Bank Group's Scope 3 emissions?
In 2024, Standard Bank Group reported total Scope 3 emissions of 34,859,974 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 0.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.94% came from downstream activities like product use, distribution, and end-of-life treatment. a
Has Standard Bank Group reduced its Scope 3 emissions over time?
Since 2018, Standard Bank Group's Scope 3 emissions have increased by 113,509.61%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), Standard Bank Group's Scope 3 emissions increased by 188.13%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Standard Bank Group disclose?
In 2024, Standard Bank Group reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Standard Bank Group's Scope 3 emissions?
In 2024, the largest contributors to Standard Bank Group's Scope 3 emissions were: a
- Investments (Cat. 15): 34,739,449 tCO₂e (99.65%)
- Downstream Leased Assets (Cat. 13): 100,666 tCO₂e (0.29%)
- Business Travel (Cat. 6): 18,320 tCO₂e (0.05%)
Standard Bank Group's Scope 3 Emissions by Categories
Insights into Standard Bank Group’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Standard Bank Group reported Scope 1 greenhouse gas (GHG) emissions of 13,877 tCO₂e and total revenues of USD 10,045 millions. This translates into an emissions intensity of 1.38 tCO₂e per millions USD. a
Standard Bank Group's Scope 1 Emissions Intensity Compared to Peers
How does Standard Bank Group's GHG emissions intensity compare to its peers?
In 2024, Standard Bank Group reported a Scope 1 emissions intensity of 1.38 tCO₂e per millions USD. Compared to the peer group median of 0.84 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a
Where does Standard Bank Group rank on GHG emissions intensity within its industry?
In 2024, Standard Bank Group ranked 19 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Standard Bank Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into Standard Bank Group's Total Carbon Footprint
In 2024, Standard Bank Group reported a total carbon footprint of 35,078,275 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 184.86% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Standard Bank Group's total carbon footprint was Scope 3 emissions, accounting for 99.38% of the company's total carbon footprint, followed by Scope 2 emissions at 0.58%. a