Standard Life PLC
Standard Life's Climate Target Data Preview
As of 2024, Standard Life has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 intensity-based 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 Life's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) | Copy/Paste is a PRO feature.  a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment | 0000000 | 2025 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Procurement Spent | Copy/Paste is a PRO feature.  b | 2030 |
Intensity-based Target | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Investment | 0000000 | 2030 |
Verified Sources Behind Standard Life’s Climate Targets Data
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Insights into Standard Life's Greenhouse Gas Emissions Pathways
As of 2024, Standard Life has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
Does Standard Life have a target to reduce the emissions from its operations?
As of 2024, Standard Life has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Standard Life's most ambitious operational target is to reduce these emissions by 76.47% by 2025, compared to a baseline of 1.7 Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) in 2019.a
Standard Life has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a
Standard Life's Operational (Scope 1+2) Emissions Pathway
Does Standard Life have a target to reduce the emissions from its value chain?
As of 2024, Standard Life has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.b
Standard Life's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Procurement Spent in 2022.b
As of 2024, Standard Life is ahead of schedule on its value chain emissions reduction target, having achieved 53.46% of the planned reduction.b