Podcast Series – Industries in Transition

A look at the challenges, triumphs and lessons learned as businesses drive change to build a sustainable future

Investing for impact

Financial institutions have an important role to play in using their capabilities to promote economic and social development in a sustainable way. The challenge to date has been how to measure the impact sustainable finance projects are making.

Against this backdrop, Standard Chartered has launched its first Sustainable Finance Impact Report. We have gathered and analysed data that helps us quantify the impact of the EUR 500m Sustainability Bond of July 2019 and we are for the first time able to disclose the USD 3.9bn of Sustainable Assets that are aligned to the UN’s Sustainable Development Goals (SDGs) in our Sustainable Finance portfolio. These include loans to renewable energy, healthcare, education as well as Microfinance and SME lending in low-income countries.

The good news is that we are having impact where it matters most, with 91% of our sustainable finance assets located in emerging markets and 86% are in some of the world’s least developed nations. Our network means that we are providing finance in emerging markets where the need for funding as a positive catalyst for change is greatest, for example, financing a solar project in India will help avoid more than seven times the CO2 from a similar-sized project in France, given the current sources of power on those countries’ grids.

In this second podcast, Daniel Hanna, Global Head of Sustainable Finance, shares some of the key highlights of the report and emphasises the need to switch the focus from green bond league tables to how we catalyse, standardise and democratise sustainable finance.

While the growth of sustainable finance has been encouraging, Daniel also points out that impact matters just as much as volume and that such reports provide investors with the long-needed transparency on the impact of sustainable finance assets.

The podcast is produced by Bloomberg Media Studios in partnership with Standard Chartered

To learn more, please listen to the podcast below.

Podcast Investing for Impact

Listen here
"


The role of the private sector in a time of crisis

The Covid-19 pandemic has brought the global economy to a standstill, pushed hospitals and healthcare facilities to their limits and led to unprecedented changes in the way we conduct business.

The private sector has played a vital role in addressing some of the biggest challenges stemming from the Covid-19 pandemic. As companies step up to help in the global fight, Standard Chartered has committed USD1 billion worth of not-for-profit financing for companies looking to ramp up production or start manufacturing personal protective equipment.

In the first podcast of the series, Simon Cooper, CEO of Corporate, Commercial and Institutional Banking, discusses the bank’s contribution to combat the Covid-19 pandemic and the role that the private sector must play at this critical moment of need.

Our clients, Dr Bildard Baguma from Joint Medical Store and CEO Christoph Michalski from Vinda Household Paper, share about how their partnerships with Standard Chartered have enabled them to make a meaningful contribution amid the pandemic.

The podcast is produced by Bloomberg Media Studios in partnership with Standard Chartered

Listen to the podcast below.

Podcast The role of the private sector in a time of crisis

Listen here
"

This is how we are helping to fund the fight against COVID-19

From helping a drinks manufacturer pivot to producing hand sanitisers in Ghana, to enabling a hygiene company to manufacture face masks in China, our USD1billion financing commitment is making a difference where it is needed most. And since the crisis isn’t over yet, we will continue financing projects in future – to have an even greater impact. Watch the video.

This is how we are helping to fund the fight against COVID-19

From helping a drinks manufacturer pivot to producing hand sanitisers in Ghana, to enabling a hygiene company to manufacture face masks in China, our USD1billion financing commitment is making a difference where it is needed most. And since the crisis isn’t over yet, we will continue financing projects in future – to have an even greater impact. Watch the video.

Back to CCIB News & Views

Click here