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    Sustainable Finance

    Discover the impact of our assets

    Our Sustainable Finance assets grew 32 per cent year on year. Learn how they support inclusive growth.

    Download the Impact Report

As a committed partner in the social and economic development of our footprint markets, we strive to bridge the financing gap for sustainable, inclusive growth.

“In emerging markets, each dollar of financing has a disproportionate impact in terms of avoiding carbon emissions,” says Marisa Drew, Chief Sustainability Officer.

“For instance, our financing of renewable energy projects in Indonesia will have a 10 times greater impact on CO2 avoided than a similar sized project in France – another reason why driving capital towards sustainability in low-income markets is so critically important.”

Our 2024 impact in numbers

  • 23.3bn

    USD Sustainable Finance assets in our Sustainable Finance asset portfolio¹

  • 32%

    growth year on year

  • 78%

    of these assets are located in Asia, Africa and the Middle East

Supporting clients in our markets

Over the reporting period, we helped avoid 4.06 million tonnes of CO2 and disbursed over 28,000 loans to small and medium enterprises.

Disclaimer

Standard Chartered has an important role to play in supporting our clients, sectors and markets to deliver net zero, but to do so in a manner that supports livelihoods and promotes sustainable economic growth. We currently provide financial services to clients, sectors and markets that contribute to greenhouse gas emissions however we’re committed to net zero in our own operations by 2025 and in our financed emissions by 2050.

Learn more about our approach.

Footnote
  1. As of 30 September 2024. Assets eligible for inclusion in our Sustainable Finance asset portfolio are those which align to the eligible activities set out in our Sustainability Bond Framework.

Supporting Türkiye’s Second-largest Solar Project

We announced a EUR249 million Export Credit Agency supported
green loan to Kalyon Enerji, a leading Turkish energy company to
drive the development of Türkiye’s second-largest solar power
project. This transformative initiative will account for approximately
11 per cent of the country’s solar power generation.

The project involves the construction and operation of solar power
plants across seven locations, with a combined generating capacity
of 390MW. These sites span the provinces of Bor-Nigde, Gaziantep
and Sanliurfa-Viransehir, underscoring a commitment to regional
clean energy development.

Once completed, the project is expected to generate enough
renewable electricity to power more than 80,000 households
annually, reducing dependence on fossil fuels and contributing to
advancing Türkiye’s renewable energy ambitions.

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Enhancing flood resilience in Ghana

Ghana’s 340-mile coastline is home to a quarter of its population and
is severely affected by coastal erosion and flooding. Heavy rainfall
frequently damages critical infrastructure, including bridges, isolating
communities and disrupting access to essential services.

To help overcome this challenge, we provided financing for the
design and supply of 89 rapid-response emergency bridges for flood-impacted areas across Ghana.

These bridges will mitigate catastrophic flood damage and restore connectivity for rural communities, enabling quicker, safer and more efficient access to employment, education and healthcare. This highlights our commitment to supporting climate resilience and fostering sustainable development in vulnerable regions.

For more information on how we are working to mobilise finance for
adaptation and resilience, please refer to the Guide for Adaptation
and Resilience Finance.

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Financing SMEs in Uzbekistan

Small and medium sized enterprises (SMEs) are a cornerstone of economic development in emerging economies, accounting for up to 70 per cent of formal jobs and 40 per cent of GDP.

In Uzbekistan, SMEs play a vital role in driving economic growth and employment, yet many face significant barriers in accessing financing.

In support of efforts to address this gap, we structured EUR114 million social financing package in collaboration with the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group for the National Bank for Foreign Economic Activity of the Republic of Uzbekistan, the country’s largest bank.

The MIGA-backed loan will provide critical support to SMEs, as
defined by the IFC criteria, across key sectors such as agribusiness, wholesale business and manufacturing.

To prevent funding for businesses engaged in activities with negative
environmental or social impact, an enhanced environmental and social risk management system specifically designed for SMEs was implemented, including screening against an exclusion list.

This highlights our commitment to supporting inclusive development in emerging markets.

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