Active
This profile is actively maintainedCreated before Nov 2016
Last update: 2021-02-17 00:00:00
Send feedback on this profile
Download as PDF
Share this page:
Standard Chartered head offices in London. Photo: Cobaltblue25 via Wikimedia Commons (CC BY-SA 4.0)About Standard Chartered
Standard Chartered originates as a merger of two banks in 1969: The Chartered Bank of India, Australia and China, and Standard Bank of British South Africa. Despite its British base, Standard Chartered has few customers in the United Kingdom. Ninety percent of its profits come from Asia, Africa, and the Middle East. Its operations lie predominantly in former British colonies, though over the past two decades it has now expanded operations into 70 countries. Standard Chartered offers banking products to consumers, private clients and business, including an extensive Islamic banking operation.
| Website | http://www.standardchartered.com |
| Headquarters |
1 Basinghall Avenue
EC2V 5DD London
United Kingdom
|
| CEO/chair |
Bill Winters CEO |
| Supervisor | |
| Annual report | Annual report 2020 |
| Ownership |
listed on Bombay Stock Exchange, Hong Kong Stock Exchange, London Stock Exchange & National Stock Exchange of India
Standard Chartered's shareholder structure can be accessed here. |
| Complaints and grievances |
Standard Chartered does not operate a complaints channel for individuals and communities that may be adversely affected by its finance. However the bank may be contacted at sustainability.feedback@sc.com. Reports concerning misconduct can be sent via the bank’s “Speaking Up” web page. Stakeholders may also raise complaints via the OECD National Contact Points (see OECD Watch guidance). |
Related Dodgy Deals
Dodgy Deals map
Policy Assessments
Banks, climate and energy
Bank policy scores on fossil fuel financing
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A bank can obtain a total of 200 policy points for its fossil fuel policies; 120 possible points for oil and gas policies and 80 possible points for coal policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on fossil fuel expansion
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
The scores for a bank's policies restricting expansion of fossil fuels - in each area, prohibitions against financing projects and/or companies expanding that area - are aggregated into a fossil fuel expansion policy score.
The point-based policy ranking for fossil fuel expansion consists of the following distribution:
- Coal mining: 14 points
- Coal power: 14 points
- Other coal: 7 points
- Tar sands: 7 points
- Arctic oil and gas: 7 points
- Offshore oil and gas: 7 points
- Fracked oil and gas: 7 points
- LNG: 7 points
- Other oil and gas: 12 points
A bank can obtain a total of 82 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on oil and gas financing
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
For tar sands, Arctic oil and gas, fracked oil and gas, offshore oil and gas and LNG, 18 possible policy points can be obtained. For other/conventional oil and gas, 30 policy points can be obtained. In total, a bank can score a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on tar sands
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
The point-based policy ranking above assesses bank policies in four ways:
1) Restriction on direct financing for tar sands projects.
-
None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand tar sands.
-
None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for tar sands.
-
None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.
-
None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its tar sands policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on Arctic oil and gas
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for Arctic oil and gas projects.
- None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand Arctic oil and gas.
- None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for Arctic oil and gas.
- None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.
- None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on offshore oil and gas
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for offshore oil and gas projects.
- None (0), weak exclusion (1), strong exclusion (3)
2) Restriction on financing for companies that expand offshore oil and gas.
- None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for offshore oil and gas.
- None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in offshore oil and gas above a certain threshold.
- None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Bank policy scores on fracked oil and gas
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 171
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 390
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 295
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for fracked oil and gas projects.
- None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand oil and gas fracking.
- None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for oil and gas fracking.
- None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.
- None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its fracking policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.