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 ambition to reduce the amount of scope 1 and 2 greenhouse gas emissions (GHG) per full-time employee by 90 percent from a baseline set in 2012 to a target date of 2050. As of 2019, the bank had reduced greenhouse gas emissions worldwide by 22 percent. In 2019, the bank had reportedly met 93.1 percent of their total sustainable goals.
Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target
(in 1,000 ton CO2eq)
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Standard Chartered. (February 27, 2020). Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target (in 1,000 ton CO2eq) [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/
Standard Chartered. "Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target (in 1,000 ton CO2eq)." Chart. February 27, 2020. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/
Standard Chartered. (2020). Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target (in 1,000 ton CO2eq). Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/
Standard Chartered. "Total Annual Greenhouse Gas Emissions (Ghg) (Scope 1 and 2) of Standard Chartered Bank Plc Worldwide from 2017 to 2019 with 2050 Target (in 1,000 Ton Co2eq)." Statista, Statista Inc., 27 Feb 2020, https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/
Standard Chartered, Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target (in 1,000 ton CO2eq) Statista, https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/ (last visited October 12, 2024)
Total annual Greenhouse gas emissions (GHG) (scope 1 and 2) of Standard Chartered bank plc worldwide from 2017 to 2019 with 2050 target (in 1,000 ton CO2eq) [Graph], Standard Chartered, February 27, 2020. [Online]. Available: https://www.statista.com/statistics/1128313/total-greenhouse-gas-emissions-by-standard-chartered-worldwide/