Standard Chartered

Diversified Banks

STAN.L

GBX 647 0.68

Share price

$ 22 bn

Market Cap

$ 22 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.12x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -9.3% weighted average for S&P 500

FY2022

Standard Chartered aims to achieve net zero for Scope 1 + 2 by 2030

This target has not been verified as science based according to SBTi

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -1.4% weighted average for S&P 500

FY2022

Standard Chartered aims to achieve net zero for all Scopes by 2050

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

Standard Chartered reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 86 Kt (-32 /-27.3% y-o-y). Also positively, carbon intensity plummeted to 5.9 t (-3.6 /-37.9% y-o-y).

Standard Chartered's Scope 3 emissions took off to 60,721 Kt (+60,674/+129684% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -9.5 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -4.6 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Date	Total CO2e emissions (location-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2022Q4		2.1		60,721	15,482
2021Q4	86	2.9	83	47	14,447	5.9
2020Q4	118	4	114	63	12,429	9.5
2019Q4	146	4.5	142	565	14,509	10
2018Q4	148	8.6	139	143	14,136	11
2017Q4	188	7.9	180	145
2016Q4	200	14	187	131