Celebrating reasons to believe in Africa reasons to believe in Africa
  • Who we are
    • Our group at a glance
    • Our Values and Code of Ethics
    • Corporate Governance
    • Our Leadership
    • Our Structure
    • 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.

  • What we do
    • Our Business

    We are a financial services group, offering services and solutions for 160 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.

     

  • Why we matter
    • Climate strategy
    • Our Sponsorships
    • Our Achievements
    • 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
  • Whats happening
    • Voices of Resilience
    • Newsroom
    • Covid-19
    • Campaigns
    • HeforShe
    • Our Financials
    Get local and international financial report, analysis, commentary, banking news and all the stories you want to know.
    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.
    Campaigns
    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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Sustainable Development

Overview

In all of its business activities, Standard Bank Group aims to deliver net-positive social, economic and environmental outcomes. This is reflected in our purpose – Africa is our home, we drive her growth. To ensure that we fulfil this overarching purpose, we have embedded social, economic and environmental (SEE) considerations into our corporate strategy and day-to-day decisions.

Sim quote image
Sim Tshabalala
Chief Executive, Standard Bank Group

Sustainable development is now one of the most important considerations for investors and the companies they invest in

Sustainable Investment in Africa

Standard Bank is committed to driving sustainable investment in Africa, aligned to our SEE objectives. In this story, we share three case studies that show how together with our clients, we are driving solutions to the pressing issues of creating sustainable value in Africa.

We are committed to facilitating African economies’ access to energy and other infrastructure essential for economic growth and human development, while aligning with the objectives of the Paris Agreement and minimising harmful environmental impacts associated with the use of fossil fuels. We are working to support a just transition to a low carbon economy in our countries of operation, but we recognise that this will take time, and will need careful consideration of the social impacts.

We participate in local and global business and industry forums and engage with civil society organisations with a focus on understanding our social and environmental impacts and stakeholder concerns and expectations. We choose to hold ourselves to a number of voluntary global standards regarding responsible business practice, including the UN Principles for Responsible Banking, the Equator Principles, and the UN Women He4She initiative and the UN Women Empowerment Principles. Through the UN Principles for Responsible Banking Board, we are working with other banks to develop impact measurement tools and methodologies that all 200 signatory banks will be able to use.

Our business is inherently about trade-offs. Every decision we make will have opportunity costs and will have positive and negative impacts. We cannot promise to satisfy all our stakeholders. But we do promise that every decision we take will be carefully considered and will aim to make Africa a better place now, and for the generations to come.

Achieving our group purpose and strategy depends on our reputation as a trusted partner across Africa. The group’s code of ethics, organisational culture and values determine how we do business and with whom we do business.

During 2020, the group further strengthened and matured our management of non-financial risks, embedding oversight at group, risk type and business unit levels. As part of this process, ESG Risk was further integrated into the group’s enterprise risk management (ERM) framework.

Environmental, Social and Governance (ESG) Timeline
Sustainable Development
Sustainable development

Sustainable growth is core to our strategy

Driving growth through ESG
Driving growth through ESG

Reaching key ESG milestones during 2020 amid the pandemic

Standard Bank Insights
Standard Bank insights

Our research and perspectives on sustainable development

Announcements and awards
Announcements, awards & affiliations

Recognition and partnerships that drive us forward

ESG
Environmental, Social and Governance (ESG) Report

This report includes information about how we ensure that a strong ethical and conduct culture is embedded across the group, and on how we support the development of our employees, as well as information aligned with the recommendations of the Task Force on climate related disclosures.