Sempra Infrastructure Takes up Standard Chartered’s Sustainable Account Solution
on January 24, 2024Sempra Infrastructure harnesses Standard Chartered’s Sustainable Account to deliver on its sustainability ambitions
A growing number of companies are positioning themselves for future success by integrating sustainability into their strategic decision-making and driving progress towards their long-term sustainability goals.
One example is Sempra Infrastructure, a leading North American energy infrastructure company, which is the latest business to take up Standard Chartered’s Sustainable Account product for its excess deposits in the United States.
The product, which was launched in 2022, allows corporates to align their sustainability goals and financial needs. Deposits in these accounts are referenced against sustainable loans and projects based on the Bank’s Green and Sustainable Product Framework. Sustainable Account offers an innovative solution for businesses looking to maintain liquidity on their money while supporting loans and projects aligned with the United Nations Sustainable Development Goals.
We are delighted to partner with companies like Sempra Infrastructure, which has committed to helping enable the global energy transition. By standing alongside our clients and applying the innovative mindset of our teams, we believe we can facilitate a sustainable and inclusive transition that delivers prosperity and growth for the markets we call home.