• Who we are
    • Our group at a glance
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    • It Can Be

    Standard Bank Group is a financial institution that offers banking and financial services to individuals, businesses, institutions and corporations in Africa and abroad.

    Find out about:

    • Our Strategy
    • Our financial results
    • Our global presence
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    All our products and services are based on a set of values that uphold the empowerment of our customers. Both internally, and in daily engagement with the our clients we foster transparency, innovation, accountability and superior service.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111
    We ensure that all our services and products across borders are compliant with local legislation wherever we go. As we grow in Africa, we will continue to review our systems and processes according to the best possible compliance and risk management skills.
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    Our board of directors aims to promote the group’s long-term success. It delegates day-to-day management of the business and implementation of strategy to the Group Chief Executive, who is supported by the Group Leadership Council.

    Find out about:

    • Our Board of Directors
    • Our Group Leadership Council
    Contact us
    Contact Centre
    0860 109 075
    International
    +27 11 636 9111

    We operate across the African continent through a number of subsidiaries, to provide solutions to all our clients.

    Find out about  our subsidiaries.

    Africa is our home. An exciting place, bursting with possibilities. In every corner, individuals and businesses are working relentlessly to achieve their dreams.

    We believe that dreams matter. They are the fuel that powers the future. To realise dreams, we take uncharted paths together. Paths that lead to growth. That’s why, every day, we are committed to finding new ways to make dreams possible.

  • Why we matter
    • Climate strategy
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    • Reporting to society

    Our purpose is to drive Africa’s growth. We aim to do this in a sustainable and inclusive way. This means that we strive to have a positive impact through our business on important aspects of Africa’s development like education, infrastructure, financial inclusion and other UN Sustainable Development Goals.

    It also requires that we reduce the negative impacts of our business on the environment and society. Climate change is an important issue with implications for Africa’s growth. As the largest bank on the continent, we have the opportunity to play a leading role in supporting a just energy transition for Africa.

    Latest news
    Climate strategy
    Standard Bank unveils climate targets to support Africa’s sustainable development
    Group sets course for a net zero future and pledges to mobilise a cumulative amount of between R250 billion and R300 billion in sustainable finance by end of 2026.
    Our sponsorship initiatives promote community upliftment through the support of sporting, art and music events, teams, festivals and clinics. We strive to nurture growing talents and to aid local communities to grow in their chosen fields.
    We are proud to be a part of what’s happening in Africa. By fostering growth opportunities on the continent, we believe that hands across borders will continue to strengthen business in Africa.

    We drive sustainable and inclusive economic growth in Africa. To ensure our commitment to making a positive and lasting impact, we have developed a framework of initiatives and objectives towards long-term social, economic and environmental upliftment.

    • Our purpose
    • Social, Economic and Environmental framework
    • Our impact areas
    • Download reports
  • What we do
    • Our Business

    We are a financial services group, offering services and solutions for 159 years, to Consumer & High Net Worth Clients, Business & Commercial Clients and Corporate and Investment Banking in and across Africa as well as key global locations.

     

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    Latest news
    Peoples health and lives come first - Sim
    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
    Latest news
    Peoples health and lives come first - Sim
    We're here for you as we face this pandemic
    Our teams are ready to serve our individual, business and corporate clients as usual. While doing everything we can to keep our staff and clients safe, and to flatten the curve, we have also taken all the necessary steps to ensure that our essential services will be able to function.
    A view of all the campaigns within our group.
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    Changing the present to reshape the future
    At Standard Bank our dream is that everyone's dreams can be. We can work together. We can find solutions. And we can prove that with the right help, It Can Be.

    Gender equity is a fundamental human right, and Standard Bank Group has committed to help create a gender-equal world.

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Climate-related financial disclosures report
3 Climate related Report

Enabling a just transition for Africa

At Standard Bank Group, we believe that the financial services sector must play a leadership role in addressing the climate crisis.

Our Climate Journey

Our climate journey reflects our commitment to maximising opportunities for sustainable and inclusive growth across the African continent.

2022
2021
2020
2019
2018
2022
ESG governance and risk management
  • Published the group climate policy and priority sector targets
  • Updated relevant SBG policies to align with the Climate Policy
  • Joined Partnership for Carbon Accounting
  • Financials (PCAF) and committed to applying the PCAF methodology over the next three years to measure the financed emissions of our customers
  • Engaging with stakeholders on the Just Energy Transition in South Africa to inform group strategy and offering
  • Establishing a transitional finance framework
  • Launching a learning framework to deepen understanding of climate change impacts and sustainable finance instruments, in partnership with African and International centres of expertise.
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Awards
  • Local Markets ESG & Sustainable Finance Adviser of the Year at the Bonds & Loans Africa Awards.
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2021
ESG governance and risk management
  • Board approved the SBG climate policy and targets for priority sectors
  • Established a group ESG risk community of practice to raise awareness of social and environmental risks and impacts across the group and provide a platform for learning and discussion
  • Published our second TCFD-aligned report and our first PRB self-assessment report.
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Products and services
  • Issued social bonds and a green bond, to support women’s access to affordable housing and to finance renewable energy assets
  • Provided 15 sustainable finance loan facilities (use of proceeds and performance-based loans)
  • Arranged eight sustainable finance bonds (use of proceeds and sustainability-linked bonds)
  • Provided finance for successful bidders in South Africa’s Risk Mitigation Programme (RMIPP) and Renewable Energy IPP Programme (REIPPP)
  • Enabled ESG-linked investing through Melville Douglas Global Impact Fund.
  • Launched PowerPulse, providing bespoke solutions for solar PV projects, for businesses and residential property owners
  • Launched OneFarm Share in South Africa
  • Launched the Green Home initiative for Standard Insurance Limited clients.
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Thought leadership
  • Elected to the ICMA Advisory Council, the only African bank represented
  • Delivered a climate risk and sustainability masterclass for 40 executive managers across the group, in partnership with SOAS University of London
  • Launched the Sustainable Finance quarterly newsletter for clients and partners
  • Hosted a Climate Change Africa Conference in partnership SOAS University of London
  • Presented and facilitated panel discussions at various forums including the Africa Green Hydrogen Forum, the 3rd Green Hydrogen Webinar and the Africa Energy Indaba.
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Market firsts
  • First sustainability-linked bond (SLB) in Africa (Netcare)
  • First social bond on sustainability segment of the JSE (TUHF)
  • First SLB in SA real estate investment trust (REIT) sector (IPF)
  • First SLL in the retail sector (Woolworths).
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Awards
  • Outstanding Leadership in Sustainable Bonds, Outstanding Leadership in Green Bonds and Outstanding Leadership in Social Loans at Global Finance Sustainable Finance (regional winners) Awards
  • Best Pan-African Green Finance Bank at Emeafinance African Banking Awards.
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2020
ESG governance and risk management
  • Adopted ESG governance framework, recognising ESG as separate risk type within non-financial risk and assigning clear accountability
  • Expanded board and management committee mandates to include oversight of ESG risk management
  • Integrated SEE metrics and ESG performance into SBG performance metrics
  • Developed performance dashboard to measure progress against our SEE strategy
  • Developed non-financial metrics for each of our SEE impact areas
  • Developed country-led SEE strategies
  • Adopted Fossil Fuel Finance Policy
  • Published interim TCFD-aligned report
  • Participated in the UNEPFI TCFD Pilot Programme Phase III to improve our climate risk management.
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Products and services
  • Published Sustainable Bond Framework, aligned with the International Capital Market Association (ICMA) Green Bond Principles (GBP), Social Bond Principles (SBP) and the Sustainability Bond Guidelines
  • Issued inaugural USD200 million Green Bond, via private placement with IFC, the first bond issuance under our sustainable bond framework, Africa’s largest green bond and South Africa’s first offshore green bond issuance.
  • Issued several pioneering sustainability-linked loans and ESG-performance incentive loans
  • Offered ESG investment options through Standard Bank Isle of Man and Standard Bank Jersey, and Melville Douglas discretionary managed responsible portfolios, with a focus on renewable energy and sustainable infrastructure.
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Thought leadership
  • Sponsored the African Energy Journey webinar.
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Market firsts
  • First SLL in the technology, media and entertainment, and technology sector (TMT) sector (Vodacom)
  • First offshore green bond in South Africa (SBSA)
  • First SLL in the real estate sector (Equites).
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Awards
  • Best Investment Bank for Sustainable Finance, Global Finance.
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2019
ESG governance and risk management
  • Expanded integration of E&S screening, management and monitoring across business and credit functions (beyond CIB)
  • Expanded mandate of client risk committees to include assessment of ESG risks for new and existing client relationships
  • Adopted coal-fired power finance and thermal coal mining finance policies
  • Tabled first South Africa shareholder resolution on climate risk
  • Established Task Force on Climate-Related Financial Disclosures (TCFD) working group.
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Products and Services
Established a dedicated sustainable finance business unit mandated to partner with clients to develop tailored sustainable finance solutions
Launched OneFarm as a pilot in Kasese, Uganda.
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Thought leadership
  • Founding signatory to the UN Principles for Responsible Banking (PRB)
  • Co-chair of UNEP FI Banking Board.
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Market Firsts
  • First Green Infrastructure Bond in Nigeria (NSP-SPV PowerCorp Plc.)
  • First Green Bond in East Africa (Acorn)
  • First sustainability-linked loan (SLL) in Africa (Curro)
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Awards
  • Project Finance Deal of the Year by Bonds, Loans & Sukuk Africa for the Acorn Green Bond
  • Local Currency Bond Deal of the Year by Bonds, Loans & Sukuk Africa for the NSP Green Bond.
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2018
ESG governance and risk management
  • Adopted social, economic and environmental (SEE) impact as a strategic value driver. SEE impact areas informed by UN SDGs and directly relevant to our core business
  • Strengthened environmental and social (E&S) risk governance standard and policy.
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Our climate policy
Climate-related financial disclosures report