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Standard Chartered bank: reduction of water use worldwide 2016-2019

Over the past years, a number of the world's largest banks have made commitments to contributing towards a more sustainable future. Each bank that made such commitments did so in varying degrees. On a broad scale, these commitments are focused in three main areas covering environment, society and governance, and mainly follow the guidelines set out in the 2015 Paris Agreement.

A part of the commitments made by Standard Chartered bank plc was the the ambition to reduce the water use by 72 percent from a baseline set in 2008. As of 2019, the bank reached its target, reportedly meeting 93.1 percent of their total sustainable goals.

Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2008 and 2019

Supplementary notes

* The source added the following definition "Tropical energy usage relates to cooling; temperate energy usage relates to both heating and cooling."

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Statistics on "Water industry in the UK"

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