Sustainability is the core value of Standard Chartered Bank’s corporate culture. It is committed to shaping the Bank as a sustainable company, creating value for shareholders, providing quality services to customers, and contributing to the overall economy to become a positive force in the community. It is the concrete demonstration of the brand promise – “”Here for good””.
To materialize our brand promise through our behaviours, Standard Chartered revised our sustainability model to encompass 3 pillars: Sustainable Finance, Responsible Company, and Inclusive Communities.
Futuremakers, is Standard Chartered Group global initiative to tackle the issue of inequality and seeks to promote greater economic inclusion for young people in our communities. Our ambition is to raise USD50 million (through fundraising and Bank-matching) between 2019 and 2023 to empower the next generation to learn, earn and grow.
Since May 2013, the Standard Chartered Bank has integrated non-profit organisations, government units to create “Standard Chartered Seeing is Believing (SiB) Visually Impaired (VI) Employment Platform” and titled-sponsored the largest “Standard Chartered Taipei Charity Marathon” in Taiwan for eight consecutive years. The marathon has successfully placed nearly 550 VI talents into jobs since 2014.
Moving forward, Standard Chartered decided to carry the legacy of SiB and launched a global charity initiative “Futuremakers” project in supporting 16-35 years old less advantaged youth with visual impairment or from low/ middle income family, to help them pursue their dreamed career without worries and inequality.
In 2019, Standard Chartered together with our long-term partnering NGOs, namely Parents’ Association for the Visually Impaired (PAVI), Technology Development Association for the Disabled (TWACC) and recruited one new partner – The Garden of Hope Foundation (GOH) to join and provide their experienced adolescent service, offer less advantaged youth a brighter future, care for their quality of education and employment, tackle the issue of inequality and seeks to promote greater economic inclusion for young people in our communities. In 2020, Futuremakers project served more than 1,200 disadvantaged youth to pursue their careers.
Standard Chartered Bank promoted this good cause through Standard Chartered Taipei Charity Marathon and encouraged employees, clients, customers and general public to run for charity and to donate money to the project. VI people was also encouraged to go outdoors to challenge themselves and around 250 VI people and low-income youths participated the race.
Join us to empower more young people by supporting Futuremakers programme, together we can make a real difference.
Volunteerism is deeply embedded in the Standard Chartered corporate culture. Each employee is entitled to 3 days of volunteering leave every year. As we encourage all staff to join the community service activities of their enthusiasm, department-based volunteering activities are also welcome in conjunction with family day to call upon deeper coherence to the bank culture and the community. The Bank also conducted employee volunteering award to recognize volunteering activities which demonstrate the creativity, long-term commitment to specific non-profit organization, or the best demonstration of core competence. In 2020, we have contributed 3,256 days of employee volunteering days.
Eco Life project aims to promote sustainable environment by encouraging staff to access related information from participating educational events. As a result, staff to have accurate attitude and behaviour in the daily life.
The Bank launched two online challenges in 2020. One of the most significant was 35-Days Green Challenge Campaign that urged people to say no to plastic. Staff and public completed one green action every day, after 35 consecutive days, they contributed to local environment in a good way. In this event, a total of 1,236 staff completed all daily task, and successfully reduced over 50,000Kg carbon.
The second event of this meaningful project was Quiz – Save The Ocean, which addressed plastic pollution in the ocean. A series of quiz were given to staff and public. Before answering questions, they need to read articles that elaborating why and how the ocean to be polluted and say no to plastic is the only answer to save the ocean. In this event, over 500 staff and public completed the Quiz.
At Standard Chartered, we’re integrating sustainability into all our decision-making across our business, operations and communities. Our Sustainability Report shares the progress we have made in Taiwan around sustainability and also guides us in actions to take to reach net zero carbon emissions from our own operations by 2025, and from our financing by 2050.
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