Standard Chartered Launches Its 2015 Annual Report
Mar 1, 2016 8:00 AM ET
The Bank’s approach to sustainability is embedded across the Annual Report, reinforcing the Bank’s commitment to sustainability as the foundation of its business.
In 2015, the Bank contributed to sustainable economic growth across its markets by extending access to financial services and promoting responsible finance:
- US$271.6 million of lending provided to microfinance institutions, benefiting more than 1.8 million people;
- US$11 billion of funding provided to the Bank’s Commercial Clients, who are predominately local and regional mid-sized companies;
- US$883.3 million of financing provided and facilitated for renewable energy and clean technology;
- Over 480 client relationships and transactions reviewed, and 1,700 staff trained, on environmental and social risk management.
In 2015, the Bank worked with communities to promote social and economic development:
- US$60.3 million invested in the Bank’s global community programmes;
- 77,900 employee volunteering days contributed;
- US$7 million raised for Seeing is Believing, Standard Chartered’s global campaign to tackle avoidable blindness, with a cumulative total of US$86.3 million raised and 111 million people reached since 2003;
- 71,200 girls empowered across 25 countries through Goal, the Bank’s sports and life-skills training programme, bringing the cumulative number of girls reached to 217,000 since 2006;
- 103,600 young people educated on financial education by Standard Chartered staff volunteers across 24 markets;
- 1,200 non-client micro and small businesses trained on financial education by Standard Chartered staff volunteers across 11 countries, 71 per cent of whom were women.
Media Contact:
Chantal Hadley
+442078856429