Standard Chartered Sustainability Review28/03/2014
View Full Report
Standard Chartered launches its 2013 Sustainability Review, highlighting the Bank’s commitment to promoting economic and social development across the markets where it operates in Asia, Africa and the Middle East.
In 2013, the Bank contributed to sustainable economic growth across its markets by providing access to financial services:
- US$20.6 billion in lending to small and medium-sized enterprises (SMEs) across 32 countries;
- US$20 billion in financing through Standard Chartered Saadiq, Standard Chartered’s dedicated Islamic banking brand;
- A 11% expansion of the Bank’s Global Commodity Traders and Agribusiness portfolio totalling US$35.9 billion;
- US$945 million provided and supported for renewable energy and clean technology;
- US$271 million in lending for microfinance institutions, with a cumulative total of more than US$1.2 billion since 2006.
In 2013, the Bank increased its investment in local communities to support long-term sustainable development:
- Contributed more than 90,300 employee volunteer days, up 5% from 2012;
- Fundraised more than US$6 million for Seeing is Believing, Standard Chartered’s global campaign to tackle avoidable blindness, with a cumulative total of $63 million raised since 2003, nearing the Bank’s goal of US$100 million by 2020;
- Raised awareness on HIV and AIDS through Living with HIV, Standard Chartered’s workplace education programme, increased awareness among more than 12,000 people through their ‘You, Me and HIV’ e-booklet distributed on World AIDS Day;
- Empowered more than 39,000 girls through Goal, a youth development project which combining sports with life skills and financial literacy training, bringing the cumulative number of girls reached to more than 86,000 since 2006.
To read the full 2013 Sustainability Review, go to http://www.standardchartered.com/en/sustainability/index.html
View Full Report