Standard Chartered PLC

Common Name
Standard Chartered
Country
United Kingdom
Sector
Financial Services
Industry
Banks - Diversified
Employees
80,946
Ticker
STAN
Exchange
LONDON STOCK EXCHANGE
Website
www.sc.com
Description
Standard Chartered PLC is a British multinational banking and financial services company. Its primary function revolves around providing a comprehensive range of financial services, specializing in re...

Standard Chartered Energy Data Preview

In 2023, Standard Chartered disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Standard Chartered disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Standard Chartered did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Verified Sources Behind Standard Chartered’s Energy Management Data

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a. Standard Chartered's Financial & Extra-Financial Data Spreadsheet 2023
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Insights into Standard Chartered's Energy Renewability

In 2023, Standard Chartered consumed a total of 622,800 Gigajoules of energy across its operations. Of this total, 10.4% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 89.6% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Standard Chartered's Energy Renewability Rate

10%

How much of Standard Chartered's energy consumed is renewable?

In 2023, Standard Chartered consumed a total of 622,800 Gigajoules of energy, of which 10.4% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Standard Chartered has considerable room to improve its energy sustainability strategy.

Are Standard Chartered's energy practices becoming more sustainable?

Since 2021, Standard Chartered's total energy consumption decreased by 5.46%, including a further 2.26% drop in 2023, highlighting a continued decline in energy use. a

Over the same period, the share of renewable energy decreased by 34.34%, with a further 26.34% drop in 2023, highlighting a weakening in renewable energy performance. a

Overall, Standard Chartered’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Standard Chartered's Renewable vs Non-renewable Energy Over Time

613.8 k263.8 k86.2 k613.8 kGigajoules (GJ)20212022202316%14%84%86%90%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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