Standard Bank Group Ltd
Standard Bank Group's GHG Emissions Data Preview
In 2023, 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 6 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 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Standard Bank Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Standard Bank Group amounted to 225,536 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Standard Bank Group decreased by 6.94%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
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 2023, the total Scope 1 emissions of Standard Bank Group were 30,814 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Standard Bank Group reduced its Scope 1 emissions over time?
Since 2018, Standard Bank Group's Scope 1 emissions have increased by 201.65%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Standard Bank Group's Scope 1 emissions increased by 34.66%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
What are Standard Bank Group's Scope 2 emissions?
In 2023, Standard Bank Group reported Scope 2 greenhouse gas (GHG) emissions of 194,722 tCOâ‚‚e without specifying the calculation method.
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.
Compared to the previous year (2022), Standard Bank Group's Scope 2 emissions (Unspecified Calculation Method) fell by 11.28% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Standard Bank Group use for Scope 2 reporting?
In 2023, Standard Bank Group reported its Scope 2 emissions using an unspecified methodology.
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 2023, Standard Bank Group reported 5,750,071 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Standard Bank Group includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
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 2023, Standard Bank Group reported total Scope 3 emissions of 5,750,071 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 0.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 99.47% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Standard Bank Group reduced its Scope 3 emissions over time?
Since 2018, Standard Bank Group's Scope 3 emissions have increased by 18,639.64%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Standard Bank Group's Scope 3 emissions increased by 4,314.68%, suggesting that the company faced challenges in reducing emissions across its value chain.
What categories of Scope 3 emissions does Standard Bank Group disclose?
In 2023, Standard Bank Group reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.
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 2023, the largest contributors to Standard Bank Group's Scope 3 emissions were:
- Investments (Cat. 15): 5,630,706 tCOâ‚‚e (97.92%)
- Downstream Leased Assets (Cat. 13): 89,119 tCOâ‚‚e (1.55%)
- Business Travel (Cat. 6): 20,515 tCOâ‚‚e (0.36%)
Standard Bank Group's Scope 3 Emissions by Categories
Insights into Standard Bank Group's Total Carbon Footprint
In 2023, Standard Bank Group reported a total carbon footprint of 5,975,607 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,503.73% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Standard Bank Group's total carbon footprint was Scope 3 emissions, accounting for 96.23% of the company's total carbon footprint, followed by Scope 2 emissions at 3.26%.