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Standard Bank Group Limited

CountrySouth Africa
Index EditionRECI Global Index 2026 — V1
Updated3 April 2026
StatusPublished
RECI Score
65.7
Silver
Executive Summary

Standard Bank Group receives a Silver tier designation as Africa's largest bank by assets. TCFD reporter with climate risk assessment across lending portfolio. Operational climate integration is developing — financed emissions measurement progressing but Scope 3 Category 15 data quality is limited. Financial controls for green financing and internal carbon pricing lag European peers. P6 capped at L4 (Limited Assurance by KPMG). Silver reflects emerging market banking context.

Technical assessment based on primary disclosures

Primary Data Source

Public Disclosure
Standard Bank Group Limited Sustainability Report 2024; CDP Climate Change Response 2024; Standard Bank Group Limited Annual Report / Integrated Report 2024

Assurance Verification

Limited Assurance (KPMG South Africa)
KPMG

Benchmarking Confidence

Medium Confidence
RECI Technical Methodology v2.4

Pillar Performance

Top:P1 Governance Chassis
Gap:P2 Data Infrastructure

Assessment

Pillar Performance

Pillar 1
Integrated4

Governance Chassis

L1L2L3L4L5
Pillar 2
Structured3

Data Infrastructure

L1L2L3L4L5
Pillar 3
Structured3

Financial Controls

L1L2L3L4L5
Pillar 4
Structured3

Operational Linkage

L1L2L3L4L5
Pillar 5
Integrated4

Risk Radar

L1L2L3L4L5
Pillar 6
Structured3

Assurance Depth

L1L2L3L4L5
Pillar 7
Structured3

Transparency & Disclosure

L1L2L3L4L5

Index Disclaimer

RECI public scores are benchmark indicators derived from our interpretation of publicly available evidence at the time of review. They are not credit ratings, ESG ratings, certifications, or assurance statements. Scores reflect the four-stage governance process: AI analyst draft, senior ESG practitioner review, final record approval, and management calibration.