As of 2025, Standard Life has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 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 |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -60%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2030 |
Intensity-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) per Full Time Equivalent (FTE) | -75%a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Enterprise Value Including Cash / Portfolio companies (EVIC) | -25%a | 2025 |
Intensity-based Target* | Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) per British Pound Sterling (GBP) of Enterprise Value Including Cash / Portfolio companies (EVIC) | -50%a | 2030 |
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 | -50%a | 2030 |
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As of 2025, 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.a
As of 2025, 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 90% by 2030, compared to a baseline of 7,905 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2025, Standard Life is ahead of schedule on its operational emissions reduction target, having achieved 89.57% of the planned reduction.a
As of 2025, 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.a
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.a
As of 2025, Standard Life is ahead of schedule on its value chain emissions reduction target, having achieved 71.28% of the planned reduction.a