Standard Chartered launched its Supply Net Zero platform this week to help smaller suppliers measure, manage, and decrease their carbon footprint, according to an announcement from the United Kingdom-based bank. The free platform provides suppliers with resources, tools, guidance, and dashboards to track emissions, create action plans, and accelerate decarbonization progress, according to a LinkedIn post published Tuesday by Standard Chartered Group Chief Operating Officer Tanuj Kapilashrami and additional details published on the bank’s corporate site.
Standard Chartered Supply Net Zero Platform Features and Capabilities
The Supply Net Zero platform offers comprehensive emissions tracking, allowing suppliers to collect and analyze emissions data to understand their carbon impact, according to the official corporate announcement on sc.com. Suppliers can tailor templated decarbonisation strategies to their specific needs and ambitions through dedicated action plan creation tools, access education resources including sustainability webinars, and review real-time dashboards to check progress against their targets. According to sc.com, the platform is free of charge for all active suppliers, though participation is entirely voluntary with no obligation to maintain membership or risk to existing contracts or negotiations. Additional specialized advice is available through partner Schneider at the supplier’s own cost and risk, according to the bank.
Scope 3 Emissions and Bank Sustainability Targets
Although client transactions account for the majority of the indirect or scope 3 emissions attributed to Standard Chartered, the institution’s vendor network produced 441,178 metric tons of carbon dioxide equivalent during 2025, as stated in the recent sustainability report referenced by the initial announcement.
Kapilashrami stated in her LinkedIn post that the bank’s progress towards its net-zero targets relies on how it supports clients and suppliers in making progress on their own sustainability journeys.
Corporate disclosures indicate that Standard Chartered pursues a 2050 net-zero financed emissions objective for its investment and lending portfolios, alongside a secondary objective to allocate 50% of total vendor expenditure to suppliers actively working toward decarbonization via science-based targets.
The bank reported that 54% of its supplier spend is currently utilized by suppliers who have such emission reduction targets in place.
Did you know? Over the past year, Standard Chartered recorded a 6% decrease in supplier emissions intensity, which Chief Operating Officer Tanuj Kapilashrami noted demonstrates that business growth and environmental progress can go hand in hand.
Comparative Supply Chain ESG Frameworks
Pro Tips for Getting Started on Supply Net Zero
- Contact the Sustainability Team: Suppliers can reach out to supplychain.sustainability@sc.com to receive details on how to sign up for the platform and register for upcoming introductory supplier events, according to sc.com.
- Utilize Free Templates: Take advantage of the templated decarbonisation strategies provided within the platform to establish baseline action plans without immediate consulting costs.
- Monitor Real-Time Dashboards: Use the platform’s reporting dashboards to review ongoing progress against set ambitions and streamline reporting back to both internal and external stakeholders.
Frequently Asked Questions
Who is eligible to use the Supply Net Zero platform?
All active suppliers of Standard Chartered are welcome to participate in the platform free of charge, according to bank disclosures.
Is participation in the decarbonisation platform mandatory?
No, participation is entirely voluntary with no obligation to continue, and withdrawal will not affect any contracts or ongoing negotiations, according to the bank.
How do suppliers sign up for the tool?
Suppliers can contact supplychain.sustainability@sc.com to obtain sign-up instructions and details on attending upcoming onboarding events, according to sc.com.
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