Our Commitment – Here for good

Sustainability is the core value of Standard Chartered Bank’s corporate culture. It is committed to shaping the Bank as a sustainable company, creating value for shareholders, providing quality services to customers, and contributing to the overall economy to become a positive force in the community. It is the concrete demonstration of the brand promise – “”Here for good””.

To materialize our brand promise through our behaviours, Standard Chartered revised our sustainability model to encompass 3 pillars: Sustainable Finance, Responsible Company, and Inclusive Communities.

  • Sustainable Finance is about we use our core business to promote sustainable development in our markets, while managing the environmental and social risks associated with our financing activities.
  • Responsible Company is about we strive to manage our business sustainably and responsibly, drawing on our purpose, brand promise, valued behaviours and Code of Conduct to enable us to make the right decisions.
  • Inclusive Communities is about we aim to create more inclusive economies by sharing our skills and expertise, developing community programmes that transform lives.

Futuremakers

Futuremakers
1. Futuremakers

Since May 2013, the Bank has collaborated with nonprofit organizations and government units to create “Standard Chartered Seeing is Believing (SiB) Visually Impaired (VI) Employment Platform” and titled sponsored the largest “Standard Chartered Taipei Charity Marathon” in Taiwan for years.

Starting from Q4, 2019, Standard Chartered decided to carry the legacy of SiB and launched a global charity initiative “Futuremakers” project in supporting 16-35 years old less advantaged youth with visual impairment or from low/middle income families, to help them pursue their dream careers without worries and under the preconditions of justice and equality. Standard Chartered has partnered with NGO groups, namely the Parents’ Association for the Visually Impaired (PAVI), Technology Development Association for the Disabled (TWACC) and the Garden of Hope Foundation (GOH), jointly to offer schooling relief and training courses to less advantaged youth.

To further support disadvantage youth during the pandemic, Standard Chartered Group also launched COVID-19 Recovery Fund in Taiwan to extend our commitment and provide additional supports over 1,000 females with training and coaching programmes on career development in 2023.

The results in 2023 are as follow:

  • Training programmes for visual-impaired youth to develop vocational skills: providing training and intern opportunities and support teenagers to obtain relative certificates.
  • Workshops for career development: we provide various workshops for disadvantaged youth to explore their interests with proper coaching and conduct conversations with role models for experience sharing.

To expand the publicity of the project, the “Standard Chartered Taipei Charity Marathon” called on the public, enterprises, customers, and employees to run together to do charity work and donate money to help the younger generation. On the other hand, underprivileged youths are encouraged to go out and take on the challenge of running.

In 2023, Standard Chartered Taipei Charity Marathon is back to race. Through the registration period and event day, it has achieved:

  • Expand social support and response – runners from all over Taiwan will conduct Futuremakers publicity when they sign up for the “Standard Chartered Taipei Charity Marathon” to enhance public recognition and support. During registration period, 1,400 runners donated around TWD 1 million to Futuremakers project.
  • Strengthening running for public welfare – In order to increase the chances of runners to support the underprivileged, the 2023 “Standard Chartered Taipei Charity Marathon” successfully invited 18 companies and organizations to support the Futuremakers project. Apart from donating TWD 2.35 million from marathon registration income, on event day, we’d also fundraising around 0.3 million from Futuremakers charity sale booth, medal engraving event and vendors. All donations are implemented and promoted by our Futuremakers’ NGO partners.
  • Support NGO participation. Total 113 runners come from Parents’ Association for the Visually Impaired (PAVI), Technology Development Association for the Disabled (TWACC) and the Garden of Hope Foundation (GOH). During registration period, we also encouraged runners to volunteer as VI (Visually impaired) runners’ companion. We’ve recruited total 20 runners, invited them to join the training clinic and accompanied with VI runners on race day.
2. WiE (Women in Entrepreneurship)

In 2023, Standard Chartered partnered with the Garden of Hope Foundation (GOH), launched 1st WiE (Women in Entrepreneurship). We aim to support and empower female-led entrepreneurs to grow, thrive and succeed in business through upskilling workshops, mentorship, and networking. We encourage female entrepreneurs to pursue their dreams and achieve social inclusion.

  • Recruit 30 women-led businesses and reach up to 60 young people (70% women) as there may be multiple business owners for one business.
  • Provide 2 days bootcamp, 6 workshops and Standard Chartered employee 1:1 mentorship
  • Provide total amount TWD 1.6 million to the 3 finalists and tailored made mentor consult.

For more details, please check via Futuremakers公益計畫 and 渣打女力創業獎 (wiegoh.tw).

Standard Chartered Employees Give Back

Standard Chartered Employees Give Back
Employee Volunteering

Standard Chartered employees enjoy 3 days of paid volunteer leave every year, and employees can freely choose the volunteer activities they want to participate in. The company also encourages departments to assemble group strengths to participate, to further transmit and promote the Bank’s corporate culture of caring for the society. The Standard Chartered Volunteer Service Incentive System has also been set up to publicly commend volunteer activities that are creative, perform core functions, or care for the same social welfare unit for a long time, to encourage employees to give back to the local community. In 2023 years, Standard Chartered Taiwan employees provided a total of 3,138 volunteer service days with a participant rate of 67 per cent among all employees of the Bank.

The Bank’s important volunteer and environmental protection activities in 2023:
  • 3 beach cleaning events in Taipei, Hsinchu and Taichung with participant of 210 employees with collection of 1,226 kilograms of litters along the coastline.
  • More than 115 employees contributed 756 hours for online editing and prove reading on books for visually impaired.
  • Conducted plogging programme on World Environment Day supported by 31 employees
  • Organise Financial Knowledge Camp for disadvantaged youth from Futuremakers with employee volunteers from the Bank to equip basic financial knowledge
  • To promote Standard Chartered Taipei Charity Marathon: 70 employee volunteers joined wall painting event at the riverside park, part of our upcoming Standard Chartered Taipei Charity Marathon route, to promote 2024’s Marathon theme of “Run Together”.
  • Teamed up with NGOs including Huashan Social Welfare Foundation and Genesis Social Welfare Foundation on charity events organised.
  • 2023 Standard Chartered Taipei Charity Marathon 13km plogging and race volunteers: 144 Standard Chartered employees participated in the Marathon and served as volunteers for the 13km plogging and race event.

Environmental Protection

Environmental Protection

Eco Life project aims to promote sustainable environment by encouraging staff to access related information from participating educational events. As a result, staff to have accurate attitude and behaviour in the daily life.

The Bank launched two online challenges in 2020. One of the most significant was 35-Days Green Challenge Campaign that urged people to say no to plastic. Staff and public completed one green action every day, after 35 consecutive days, they contributed to local environment in a good way. In this event, a total of 1,236 staff completed all daily task, and successfully reduced over 50,000Kg carbon.

The second event of this meaningful project was Quiz – Save The Ocean, which addressed plastic pollution in the ocean. A series of quiz were given to staff and public. Before answering questions, they need to read articles that elaborating why and how the ocean to be polluted and say no to plastic is the only answer to save the ocean. In this event, over 500 staff and public completed the Quiz.

Sustainability Report

Sustainability Report

At Standard Chartered, we’re integrating sustainability into all our decision-making across our business, operations and communities. Our Sustainability Report shares the progress we have made in Taiwan around sustainability and also guides us in actions to take to reach net zero carbon emissions from our own operations by 2025, and from our financing by 2050.

2023 TCFD Report

2022 Sustainability Report

2021 Sustainability Report

Disclaimer

This is to inform that by clicking on the hyperlink, you will be leaving www.sc.com/tw/en and entering a website operated by other parties:

Such links are only provided on our website for the convenience of the Client and Standard Chartered Bank does not control or endorse such websites, and is not responsible for their contents.

The use of such website is also subject to the terms of use and other terms and guidelines, if any, contained within each such website. In the event that any of the terms contained herein conflict with the terms of use or other terms and guidelines contained within any such website, then the terms of use and other terms and guidelines for such website shall prevail.

Thank you for visiting www.sc.com/tw/en

PROCEED