Standard Bank Group

Environmental, social and governance

Environmental, social and governance (ESG) risk management is embedded in our policies, processes, and governance structures. We carefully identify and manage environmental, social, and governance risks and opportunities throughout our operations and investments, ensuring we make responsible decisions.

Measuring performance

We track and report on our ESG performance using a range of metrics, aligned with leading global frameworks and standards, including the UN Sustainable Development Goals (SDGs), the Paris Agreement, and the African Union's Agenda 2063. Our performance is assessed in terms of our positive impact on society and the environment, and our ability to effectively manage ESG risks.

Measuring-performance_14formats
Our ESG ratings

Our commitment to sustainability is reflected in our ESG ratings from leading organisations.

Frameworks

67/100

66 in 2022

AA

Stable

4.1

3.9 in 2022

18.4

24.7 in 2022

C

Stable

  • Frameworks

67/100

66 in 2022

AA

Stable

4.1

3.9 in 2022

18.4

24.7 in 2022

C

Stable

Our ESG performance and credentials
Sustainable finance mobilised

R105.1 billion since 2022, against a target of R250 billion by 2026.

Renewable energy infrastructure financed

R33.6 billion since 2022, with a target of R65 billion mobilised for new renewable energy power plants by 2024.

Social finance mobilised

R4.4 billion in 2023, with a target of R7.5 billion by 2024.

S&P Global

Awarded Sustainability Yearbook Member status and achieved a Corporate Sustainability Assessment (CSA) score of 67/100 in 2024.

Forbes

Named one of the World's Best Employers in 2024.

B-BBEE

Level 1 status in South Africa.

Dealogic

#1 Sustainable Finance mandated lead arranger 2023.

Employee engagement

Our employee net promoter score (eNPS) is +48.

More on sustainability
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Our climate strategy

We are committed to achieving net-zero emissions by 2050 and supporting a just energy transition in Africa.

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Our approach to sustainability

Our comprehensive approach to sustainability is embedded in our business strategy and operations.