Our footprint in Asia, Africa and the Middle East offers us a unique opportunity to support the UN Sustainable Development Goals and drive investment to where it matters most. “Emerging and developing countries currently face a significant funding gap when compared to developed countries,” says Molly Duffy, Head of Financial Markets, Europe & Americas, and Global Head of Investor Sales. “Through our suite of sustainable finance solutions, we are excited about the opportunity to bridge this gap and support our clients’ sustainability ambitions, while helping them receive a return.”
In January 2020, sustainable deposits at Standard Chartered reached a milestone with a total of $1 billion invested by our clients ─ a figure that has since doubled. One of the clients that made this success possible is Southwire, a leading manufacturer of wire and cable based in Carrollton, Georgia. “Environmental, social and governance factors are integral to everything we do,” says Burt Fealing, Southwire’s executive vice president and general counsel. “We think long-term and aim to ensure prosperity for the next 100 years and beyond.”
Watch this video to learn more about our partnership with Southwire and the impact of sustainable deposits.