- Challenges in China's commercial real estate sector.
- Sovereign risk in several markets (Sri Lanka, Ghana, Pakistan).
- Subdued Wealth Management performance due to market volatility and COVID-19 restrictions.
- Inflationary pressures across footprint markets.
Standard Chartered PLC
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, Standard Chartered PLC disclosed greenhouse gas emissions of 60.8M tCO2e (includes Scope 1 2 and 3). By scope: Scope 1: 2.1K tCO2e; Scope 2: 47.4K tCO2e; Scope 3: 60.7M tCO2e (includes financed emissions). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
60.8M tCO2e (includes Scope 1 2 and 3)
2022
Renewable Energy
12% of total energy use
of total energy
Waste
19.2 kg/employee
2022
Energy Use
177.3 GWh
2022
📊 Emissions by Scope (2022)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.1K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 47.4K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 60.7M tCO2e (includes financed emissions) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Reduced Scope 1 and 2 emissions by more than 42% to 49,434 tonnes in 2022.
- Reduced overall waste by 37% and waste per employee by 39% to 19.2kg.
- Mobilized $23.4 billion in sustainable finance in 2022, bringing the cumulative total to $48 billion since 2021.
- Launched green mortgages in three new markets.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 90% by 2025
- Reduce emissions related to Upstream transportation and distribution and Business travel by 28% against 2019 levels by 2023.
- Achieve $1 billion of Sustainable Finance income by 2025.
📅 Medium-term
- Mobilise $300 billion in sustainable finance by 2030.
- Reduce absolute financed thermal coal mining emissions by 85% by 2030.
- Achieve net zero in own operations by 2025.
🔭 Long-term
- Achieve net zero in financed emissions by 2050.
🌱 ESG Focus Areas
Climate ChangeDiversity & InclusionSustainable FinanceFinancial InclusionResponsible Business Conduct