Net zero roadmap: committing to an absolute emissions target

Standard Chartered provides an update to its net zero roadmap, committing to an absolute emissions target and trajectory for the oil and gas sector. This target sets a carbon budget that requires a 29% reduction in absolute financed emissions for the sector by 2030, when calculated from a 2020 baseline. Our impact is greatest when we prioritise emissions reduction in those sectors with the highest carbon emissions. To achieve this, we have set an absolute financed emissions target and tra...

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