Net Zero Methodological White Paper

This White Paper outlines the methodologies employed by Standard Chartered to support the accuracy of financed and facilitated emission calculations and disclosures. The document details the bank's commitment to achieving net zero in financed emissions by 2050, emphasizing the importance of science-based and sector-agreed practices. The methodology section describes a five-step approach for setting and reporting interim net zero targets, which includes measuring progress, determining suitable approaches, and setting baseline emissions. The paper also discusses the financed emissions calculation, which involves two components: the attribution factor and the emissions calculation. Various metrics for emissions calculations are defined, including absolute financed emissions and physical/production emission intensity. The document highlights the significance of data inputs, including financial, emissions, and physical activity data, in accurately assessing emissions. Overall, the White Paper aims to provide transparency and clarity on Standard Chartered's net zero journey and methodologies.