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Impact where it matters most

Alex Kennedy Head of Sustainable Finance Solutions

19 Nov 2021

Home > News > About Standard Chartered > Sustainability > Impact where it matters most
Our markets across Asia, Africa and the Middle East are most at risk from climate change and wider ESG threats. Despite creating the greatest marginal impact per dollar invested, they only receive a fraction of the capital flows they urgently need. With the financing gap running into the trillions, they also represent a huge untapped investment opportunity.

Earlier this year, we took a stand and shared our long-term ambitions on climate change, financial inclusion and globalisation. Finance can play a critical role in helping economies leapfrog to low carbon technology and in accelerating inclusion through digital solutions. Finance can also enable individuals to build a positive future for themselves and their families, businesses to thrive and grow, and governments to deliver economic prosperity for the wider community.

Our recently published Sustainable Finance Impact Report showcases the real-life impact we can make when we move capital to where it matters most.

The world will not achieve net zero without a significant shift in the economies in Asia, Africa and the Middle East. As shown in the report, a dollar invested can have a significantly different outcome depending on where and how it is deployed. It is in emerging markets that sustainable investments can have the greatest impact. In the past year alone, we have increased our sustainable asset base by 138 per cent to USD 9.2bn with over 84 per cent located in Asia, Africa and Middle East.

Here are a few highlights:

From hydropower in Angola to wind turbines in Taiwan

Promoting small business and economic growth from Bangladesh to Tanzania

Increasing healthcare access in Ghana

To learn more, view the full report here.