Standard Bank (SBK.JO)

Overall impact
B (64)

Commentary

Standard Bank is a strong overall performer. With a 'B' rating of 64.0 for overall impact (71st percentile compared to all companies), Standard Bank ranks 82nd out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Itau Unibanco and 78 others, and ahead of Popular, Macro Bank, Grupo Aval Acciones Y Valores and 95 others. On top material causes for Standard Bank's industry (Banking), Standard Bank performs well in Affordable, Safe Housing (95.7 score), Improved Mental Health (80.6), Quality Lifelong Education (83.3) and 2 other causes where it received an 'A' score and performs poorly in Reduced Green House Gas Emissions (0.0 score).
Impact
Cause SBK.JO
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company
Founded
1862
Employees
50,815
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
South Africa
Share classes
SGBLY
ADR
SBK.JO
Description
Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services. The company also provides industry-specific solutions; trade point solutions; fleet solutions; and finance for commercial and personal vehicle, commercial property, and commercial asset, as well as disclosed and non-disclosed debtor. In addition, it offers card and payment solutions, such as digital wallet, prepaid digital cards, contactless payments, mobile payments, credit cards, and internet banking. Further, the company provides investment solutions comprises investment accounts, share trading, financial planning, forex investment, risk limitation, and wealth preservation; and green bonds, and social and sustainable bonds for housing and renewable energy. Additionally, it offers vehicle, life, property, health, and employee protection insurance; wills and estates insurance; commercial cyber insurance; and risk mitigation, insurance spend optimization, and strategic claim management solutions. The company serves individuals, businesses, institutions, and corporations. Standard Bank Group Limited was founded in 1862 and is headquartered in Johannesburg, South Africa.
Material causes
Ethos considers the following causes material for Standard Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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