Discover the impact of our Sustainable Finance assets
Our Sustainable Finance assets have grown 31 per cent year on year, valuing our Sustainable Finance portfolio at USD17.6bn.
As the 2030 deadline to deliver on the United Nations Sustainable Development Goals (SDGs) approaches, the world still faces a significant funding shortfall. The annual financing deficit across all SDG categories has expanded to USD4 trillion, posing a considerable challenge, especially in emerging markets.
At Standard Chartered, we’re working to encourage inclusive and sustainable prosperity in the markets we call home with an aspiration to mobilise USD300bn in sustainable finance by 2030.
We are working on the ground in our markets, applying our deep expertise and diverse product suite to help our clients and the communities we serve navigate complex challenges, build resilience and unlock opportunity.
Our Sustainable Finance assets have grown 31 per cent year on year, valuing our Sustainable Finance portfolio at USD17.6bn. In the past year alone, we have supplied over 13mn cubic metres of water and saved 3.04mn tonnes of CO2, both from our operational assets and those in construction.
Beyond this, we continue to finance solutions that build resilience and help communities thrive, such as through our adaptation financing in Ghana where we built emergency bridges in the wake of extreme flooding.
85 per cent of our Sustainable Finance assets are located across Asia, Africa, and the Middle East, reflecting our longstanding commitment to the regions where sustainable finance can wield significant influence.
We offer our clients a differentiated sustainability proposition, supported by an extensive suite of innovative sustainability products.
Marisa Drew, Chief Sustainability Officer
Marisa Drew goes on to say, “investors in our Sustainable Finance offering enjoy the benefit of a UK-regulated Bank counterparty, whilst the impact delivered through our products takes place in many of the most dynamic and high-growth developing markets.”
“The importance of driving capital towards these countries is underlined by the fact that they will be disproportionately affected by the climate crisis and the profound environmental and social challenges this will create.”