Stanbic IBTC Holdings PLC

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, Stanbic IBTC Holdings PLC disclosed greenhouse gas emissions of 250.3K tonnes CO2e (Scope 1: 64347; Scope 2: 1429; Scope 3: 184513). By scope: Scope 1: 64.3K tCO2e; Scope 2: 1.4K tCO2e; Scope 3: 184.5K tCO2e. 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
250.3K tonnes CO2e (Scope 1: 64347; Scope 2: 1429; Scope 3: 184513)
2023
♻️
Waste
27.86 tons (recycled)
2023
⚙️
Energy Use
10.6K MWh
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).64.3K tCO2e
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.4K tCO2e
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).184.5K tCO2e

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • Net-zero carbon emissions from new facilities by 2030

🔭 Long-term

  • Net-zero carbon emissions from existing operations by 2040
  • Net-zero portfolio of financed emissions by 2050

🌱 ESG Focus Areas

Climate ChangeFinancial InclusionJob Creation and Enterprise GrowthInfrastructure Development and Energy TransitionWomen Economic EmpowermentHuman RightsDiversity and Inclusion

⚠️ Challenges & Risks +

  • Managing climate risk
  • Managing third-party risks
  • Ensuring fair outcomes for clients
  • Maintaining information security, data privacy, and cybersecurity
  • Regulatory and non-compliance risk
  • Credit risk
  • Market or liquidity risk
  • Cybersecurity risk
  • Geopolitical or physical security risk
  • Business model risk

📋 Report Information

Reporting Period: 2023
Frameworks: GRI Standards: Core Option, CBN’s Nigerian sustainable banking principles (NSBP), Nigerian Exchange Group sustainability disclosure guidelines, Securities and Exchange Commission’s Sustainable Financial Principles for the Nigerian Capital Market