Over the past years, a number of the world's largest banks have made commitments to contributing towards a more sustainable future. Each bank that made such commitments did so in varying degrees. On a broad scale, these commitments are focused in three main areas covering environment, society and governance, and mainly follow the guidelines set out in the 2015 Paris Agreement.
A part of the commitments made by Standard Chartered bank plc was the the ambition to reduce the water use by 72 percent from a baseline set in 2008. As of 2019, the bank reached its target, reportedly meeting 93.1 percent of their total sustainable goals.
Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019
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Standard Chartered. (February 27, 2020). Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019 [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/
Standard Chartered. "Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019." Chart. February 27, 2020. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/
Standard Chartered. (2020). Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/
Standard Chartered. "Percentage Reduction of Water Use by Standard Chartered Bank Plc Worldwide from 2016 to 2019." Statista, Statista Inc., 27 Feb 2020, https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/
Standard Chartered, Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019 Statista, https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/ (last visited December 21, 2024)
Percentage reduction of water use by Standard Chartered bank plc worldwide from 2016 to 2019 [Graph], Standard Chartered, February 27, 2020. [Online]. Available: https://www.statista.com/statistics/1128234/annual-reduction-of-water-use-by-standard-chartered-worldwide/