standard chartered sustainable finance framework

The Principles were launched in July 2019 with 11 banking signatories representing $100 billionor 20%of senior shipping debt and have since more than doubled to 24 signatories representing $175 billion as of March 2021. We see tremendous opportunity to use our purpose-driven, principles-led approach to bring about positive change, advance sustainable economic growth, and help build a prosperous future for all of our stakeholders. 13 0 obj Steel is essential and Societe Generale is already supporting steel producers implementing breakthrough hydrogen technologies to produce low carbon steel demonstrating the climate adaptation potential of this industry. Sustainable Finance Framework will enable the Bank to diversify its sources of funding, while enhancing IsDB's sustainability profile as well as helping the Bank to continue to deliver environmentally sustainable growth in a socially responsible and transparent manner. Work on the development and implementation of client strategies for Sustainable Finance products Work closely with the Regional Head of Sustainable Finance to develop and execute a plan that would make SC the Bank best known for Sustainable Finance by our clients and other stakeholders. 4. <> Keep abreast with HKIA's latest developments. With the appropriate framework, all banks will be able to support their clients as they innovate and invest for a low carbon future. Corporate Sustainability and Environmental, Social and Governance (or ESG) issues are current topics of much debate and receive considerable attention. 6 Principles for Responsible Banking. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good. WARNING: the above certification constitutes a "self-certification" pursuant to Decree of the President of the Italian Republic No. New milestones are frequently added that lead us to a better understanding of sustainability. Other About Citi Referral by HSBC In this conversation, Simon Cooper, Chief Executive, Corporate, Commercial & Institutional Banking and Chief Executive, Europe & Americas, answers some of the most pressing questions about this initiative and our sustainability ambitions. Sustainable Trade Financing | Standard Chartered Home / Banking / Corporate, Commercial and Institutional Banking / Transaction banking / Sustainable Trade Financing We are here for your sustainable banking needs Sustainability is important to you and to us. Extend your sustainability efforts to trade financing, and in doing so enhance your reputation for being a sustainable brand. From: HSBC. The Bank's Sustainable Finance Impact Report provides information on the impact of the sustainable finance assets which a Sustainable Account is referenced against. Eni will include in its future financial agreements, where possible, a mechanism that will link the financing cost to the achievement of one or more of the identified targets. We are already undergoing a green revolution from which we can learn every day. Around 95 per cent of the cities most affected by climate change are in Africa and Asia.1 In turn, these markets have suffered nearly twice as much climate-change-related economic damage as developed markets.2 Without sturdy plans backed by ample investment, achieving net zero in these markets will not be possible. emerging markets currently have a USD94.8 trillion financing gap. The surplus cash will be used in tackling some of the worlds most significant long-term threats, including climate change, quality education, clean energy, and financial exclusion. RBCs commitment to provide C$500 billion in sustainable finance by 2025 is one of the largest commitments of its kind made by a Canadian bank. endobj Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide. Steel is the foundation of modern society: a material input to buildings, cars, railways, roads and bridges. Standard Chartered last year launched 16 new sustainable finance products such as sustainable trade finance and repurchase agreements linked to environmental, social and governance criteria. Links to AAHKs SFF and Sustainalytics Second Party Opinion are available below. If youre looking for a career with purpose and want to work for a bank making a difference, wed love to hear from you. A lack of common standards also increases the risk of green- and SDG-washing. We believe there is tremendous potential for financial markets to contribute to some of the biggest social and environmental challenges we face from improving the accessibility of affordable housing and inclusive financial services to mitigating climate change and protecting biodiversity. Created by the United Nations in partnership with founding banks, the Principles are designed to be integrated into banks' strategies and across their portfolio of activities, bringing purpose, vision and ambition on sustainable finance to the core of the organisation. Sustainability framework | Standard Chartered Home / Sustainability / Our position statements / Framework our framework Leading international standards For over 20 years, our cross-sector framework has helped us apply international standards and best practices across all of our markets The Banks Sustainable Account offering is part of its suite of sustainable solutions ranging from Sustainable Trade Finance solutions, Bonds and sustainable advisory services. (HONG KONG, 3 January 2022, 1200hrs) Airport Authority Hong Kong (AAHK) announces the publication of its inaugural Sustainable Finance Framework (SFF) and Second Party Opinion in relation to the Sustainable Finance Framework. The net zero transition cannot happen overnight. In addition, Standard Chartered's Green and Sustainable Product provides a framework to guide what qualifies as green and sustainable projects and the framework is aligned with . The fundamentals, recommendations and guidance. These transactions included financing for projects that will kick-start the decarbonisation of a cement plant and contribute towards the elimination of flaring in an African country. As we look ahead to the continued growth and evolution of the sustainable finance market, there are two areas that we believe will be particularly important in shaping the future of this market: transition finance and sustainability-linked finance. INGs ESG rating by MSCI was upgraded to AA in December 2020. By clicking the button below labeled I agree, you are confirming that you have read and understood the disclaimer above. T: +331 42 13 37 37, E: thomas.alexandre@socgen.com These targets are aligned with Eni's strategic plan and considered ambitious by V.E in relation to the broader sector. https://www.hongkongairport.com/iwov-resources/file/sustainability/environment/sustainable-finance/AA_Sustainable_Finance_Framework_Final.pdf, Sustainalytics Second Party Opinion in relation to the Sustainable Finance Framework, https://www.hongkongairport.com/iwov-resources/file/sustainability/environment/sustainable-finance/Airport_Authority_Sustainable_Finance_Framework_Second-Party_Opinion_Final.pdf, Airport Authority Hong Kong Publishes Sustainable Finance Framework. That challenge is greatest for emerging-market-headquartered companies, where 64 per cent of executives tip a lack of internal net zero transition support as a hurdle. Confirmation of Understanding and Acceptance of Disclaimer. endobj Following the process set out in the Framework, we recently labelled our first transactions internally as Transition. endobj At RBC, we are also committed to transparency and accountability to our stakeholders. Every company is at a different point in their transition journey, but we should all be heading for the same outcome. Standard Chartered Group has also announced ambitious new targets to reach net-zero carbon emissions from its financed activity by 2050, including interim 2030 targets for the most. This approach, which leverages public-sector development lending to unlock private capital, has mobilised more than USD160 billion for sustainable projects in developing countries.3And the market is expanding steadily. Help us fulfil our purpose driving commerce and prosperity through our unique diversity, As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East, Were committed to sustainable social and economic development across our business, operations and communities including achievement of net zero emissions and the UN Sustainable Development Goals. We believe this platform will provide much needed transparency for sector-level net zero targets and serve as a model for adoption across other industries and sectors., Given the high level of GHGs emitted by the global steel sector, decarbonising the steel process is the single biggest challenge the industry faces today, said William Husband, global head metals and mining corporate banking at Citi. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. We actively engage with our stakeholders to mitigate the impact that stems from our financing decisions. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good. The Center for Climate-Aligned Finance was established by RMI to help the financial sector transition the global economy toward a zero-carbon, 1.5C future. We want to ensure capital flows to clients who are the best performers in the climate transition, even those in carbon-intensive sectors. RBC's commitment to provide C$500 billion in sustainable finance by 2025 is one of the largest commitments of its . By co-leading the Steel Climate-Aligned Finance Working Group, our ambition is to help define a pathway consistent with the development of low-carbon industrial solutions in the steel sector. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges. Standard Chartered 2023. Standard Chartered PLC is listed on the London and Hong Kong Stock Exchanges. With close cooperation between the industry and regulators, combined with technical innovation and support from banks like ours, we can jointly establish a competitive, digitalized and decarbonized steel industry. New York City - May 27, 2021. Eni is a founding member of the UN Global Compact CFO Taskforce for the SDGs which, in September last year, published the "CFO Principles on Integrated SDG Investments and Finance" aimed at guiding companies in aligning their sustainability commitments with their financial strategy, with the goal of creating a broad, liquid and efficient market for UN SDG-relevant investments and capital flows. Societe Generale is included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), four of the STOXX ESG Leaders indices, and the MSCI Low Carbon Leaders Index. The steel sector has a long investment cycle, but in fact 2050 is just one cycle away. "Financial institutions are in a unique position to play a role in social and economic prosperity by facilitating how clients can contribute to sustainable development," said George Lee, Head of Transaction Banking at Standard Chartered Americas. Thats why RBC has committed to providing $500 billion in sustainable finance by 2025. Yet, while momentum is building in sustainable finance, the hardest work is still to be done. Tailored financing solutions designed to help you build resilient supply chains while mitigating their negative environmental and social impact. With less than a decade to go before the deadline for the UNs 2030 goals, we need to recognise that impact matters just as much as volume. Learn more about our purpose-driven approach to ESG and progress toward our sustainable finance commitment in our ESG Performance and Reports Learn more about E S G performance and reports, opens in a new tab, Learn more about our Sustainable Finance Group services and capabilities Learn more about our sustainable finance group services and capabilities, opens in a new tab, View Legal DisclaimersHide Legal Disclaimers, Legal | Accessibility | Privacy & Security, Open sustainable finance framework P D F 759kb in a new tab, Open sustainable finance expert panels report P D F XXXkb in a new tab, Learn more about E S G performance and reports, opens in a new tab, Learn more about our sustainable finance group services and capabilities, opens in a new tab, Read RBCs Sustainable Finance Framework PDF, Canadas Expert Panel on Sustainable Finance, Sustainable Finance Group services and capabilities, https://thoughtleadership.rbc.com/the-2-trillion-transition/, https://www.icmagroup.org/sustainable-finance/the-principles-guidelines-and-handbooks/sustainability-linked-bond-principles-slbp/, https://www.lma.eu.com/application/files/7716/4623/8945/SLLP.pdf. Steel is essential for modern life. They can also result in better outcomes for society and the planet. IPE We are a leading international banking group, with a presence in 59 of the worlds most dynamic markets, and serving clients in a further 85. As required by the SLBP and SLLP, Eni has identified four Key Performance Indicators (KPIs) in the Framework: renewable energy installed capacity, Net Carbon Footprint Upstream (Scope 1 and 2), Net GHG Lifecycle Emissions (Scope 1, 2 and 3) and Net Carbon Intensity (Scope 1, 2 and 3). That means the countries and sectors that require the most financing to adopt low-carbon business models are often the least likely to get it. For example, we have established internal guidance for our teams working on sustainability-linked finance transactions in high-emitting sectors to encourage financing structures that incentivize meaningful reductions in greenhouse gas emissions. Weve got the global network, deep expertise and innovative vision to meet all your banking needs and more. Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. +39 02 52031875, Tel: Our best-in-class, dedicated Environmental and Social Risk Management (ESRM) teams are here to help you become more sustainability-driven. Browser search As a leader in sustainable finance, we aim to be at the forefront of social change and the green transition. +39 06 59822030, Piazza Vanoni, 1 - 20097 San Donato Milanese (MI), We are an energy company. Stakeholders. Standard Chartered says it looks to finance four types of sustainable trade finance activities. We have a deep market to source financing for renewable energy and other green projects in developed markets, but we now need to tackle the carbon-intensive, hard-to-abate industries that are embedded within the global economy. Piazza Ezio Vanoni, 1 Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy. The world must act now if it is to deliver the United Nations Sustainable Development Goals (SDGs) for a more sustainable society by 2030. San Donato Milanese (MI), 20 May 2021 - Today, Eni published the world's first Sustainability-Linked Financing Framework ("Framework") in its sector, which fully-integrates sustainability in the company's funding strategy.. With this document Eni further strengths its sustainability strategy, aimed at achieving complete carbon neutrality by 2050 and at contributing to the achievement . Weve got the global network, deep expertise and innovative vision to meet all your banking needs and more. For more information on our ESG initiatives, please visit https://www.citigroup.com/citi/about/esg/. Standard Chartered is here to support our clients and to enable them as they transition to net zero. Additionally, we provide details on financing provided through sustainability-linked instruments. <>/Metadata 1328 0 R/ViewerPreferences 1329 0 R>> For clients in our highest-emitting sectors, we have made it a condition of our financing that they must have a credible transition plan by the end of 2022. However, that is not without conditions. Almost 70% of new mandates in Personal Banking are UBS Manage SI. As part of its commitment to sustainability, Vodafone Group Plc has designed a Sustainable and Sustainability-linked Framework (the 'Framework') under which Vodafone can issue green, social, sustainability and sustainability-linked funding instruments to finance or refinance projects enabling the company to meet its environmental and/or social objectives. The Transition Finance Imperative is our commitment to facilitating the net zero transition. But we also need to establish transition finance to accelerate companies efforts to align their operations and business models with the Paris Agreement goal of limiting global warming to 1.5C. We teamed up with the Asian Development Bank to deliver financing for the deal, setting a precedent for successful funding of renewable-energy projects in the region. This new product, with the characteristics of a Demand Deposit Account, provides large . ",#(7),01444'9=82. stream More information on RMI can be found at www.rmi.org or follow us on Twitter @RockyMtnInst. ING intends to allocate the net proceeds of the green bonds . https://it.linkedin.com/company/unicredit. This new product, offered to large corporates, provides clients with the opportunity to contribute to sustainable development whilst maintaining daily access to their finances for critical liquidity management needs. We will continue to support those who acknowledge the need to transition and make progress at the appropriate pace. Referral by colleague To ensure the transparency of the sustainability results achieved by Eni over time, the performance of the various KPIs will be published and verified annually by the auditor appointed for this purpose or by other qualified third-parties. It can take decades to negotiate global standards, as we have seen with international tax harmonisation. We are confident that those who do not yet have a plan, will because people are starting to realise that the need to decarbonise is a reality. xKk@}9OC6JNpLiPI`$7S88_ys5JNqVyv6+#S0}`V`G`${Wz-,Kwyuo0gOy %,>,D4-!\2!>Ja!B 3tdJ,TwohA *8vWbEEx*@}NSPBkdX`!?G?r49]j{Y`Wva?tsB zQ|a! Green and transition taxonomies are primary candidates for the development of global principles. As the G20 Finance Ministers pointed out last month, successful transitions need to be "orderly, just and affordable". Follow Standard Chartered on Twitter, LinkedIn, Instagram and Facebook. Our footprint in Asia, Africa and the Middle East includes some of the markets worst hit by environmental and social challenges. 2 0 obj Leading lenders to the global steel industryCiti, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCreditare working together to develop a climate-aligned finance agreement to support steel sector decarbonization. IsDB focuses its work in the following areas: . UniCredit has an A- score from CDP, compared to the financial services sector average of B. Head of Strategic Initiatives & ESG, RBC Capital Markets. Now the hard work really starts.. By leading this working group we signal our commitment to help define what the energy transition means for the sector and our clients. All rights reserved. 1 0 obj RBC is actively contributing to some of these efforts including through participation in bodies such as Canadas Sustainable Finance Action Council (SFAC) and the International Capital Market Association (ICMA) Climate Transition Finance Working Group. With deep partnerships in finance, industry, government, and civil society, the Center works to develop decarbonization agreements within high-emitting sectors, build global frameworks for climate alignment, and support financial institutions in decarbonizing their lending and investing portfolios. If youre looking for a career with purpose and want to work for a bank making a difference, wed love to hear from you. Sustainability is firmly on the business agenda but to achieve sustainability is easier said than done. Issued under the "Sustainable Goods" pillar of the Bank's Sustainable Trade Framework, the transaction helps advance ADM's widening efforts to expand sustainable farming practices and source sustainably produced goods. However, that is not without conditions. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell. T: +1 212-816-7140, E: Sophia.anthony@citi.com, Julie Gibson Media Relations, Standard Chartered. "Our Sustainable Deposit platform allows clients to meet their liquidity needs and their sustainability goals in a flexible and transparent manner where funds will be referenced against sustainable loans and projects.". This is the countrys largest renewable energy project, and is expected to reduce CO2 emissions by 123,000 tonnes per year. This file opens in a new windowOur bond framework | pdf, This file opens in a new windowOur sustainable finance impact report | pdf, This file opens in a new windowOur second party opinion | pdf, This file opens in a new windowOur verified annual review data | pdf, This file opens in a new windowOur sustainable finance impact report 2022 (full year) | pdf. We supported clients with C$83.8 billion in sustainable finance in 2021, up from C$73.3 billion in 2020 and C$40.8 billion in 2019. Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi. Were here to help. The sectors carbon intensity raises expectations of and from financial institutions to support its decarbonization, but to date, financial institutions lack the common practical tools to effectively support their clients decarbonization efforts. When you sign up, we will keep you informed with the latest RMI news and insights through periodic email communication. On 13 May 2021, Standard Chartered launched the Transition Finance Imperative as part of its drive to become The Worlds Most Sustainable Bank. Eni is strongly committed to playing a key role in fostering sustainability and over the last 7 years it has built a business model that puts sustainability at the core of every business activity, including its financial strategy, and believes that the development and use of sustainability-linked instruments can help promote the energy transition towards a low-carbon future. We plan to reach our net-zero financed emissions goal, aligning with the Paris Agreement on net-zero. AAHKs SFF sets out how AAHK intends to enter into Sustainable Finance Transactions (SFTs) to fund expenditure on projects that will deliver environmental and/or social benefits and support AAHKs objective to become the worlds greenest airport, which will also further the development of sustainable urban infrastructure in support of the United Nations Sustainable Development Goals. Finally, we need to direct the benefits of sustainable finance to the regions that are most at risk from climate change and have the biggest opportunity to reduce greenhouse gas emissions through a jump to low-carbon technologies. Several top lenders to the steel sectorCiti, Goldman Sachs, ING, Societe Generale, Standard Chartered, and UniCredithave come together to define common standards of action for steel sector decarbonization through a collective climate-aligned finance agreement. Either we all transition to net zero or none of us will. About RMI % 2BloombergNEF 1H 2022 Sustainable Finance Market Outlook, 3Blended finance primer on the Convergence website, 5 UNEP Finance Initiative (2018) Rethinking Impact to Finance the SDGs. Help us fulfil our purpose driving commerce and prosperity through our unique diversity, As a leading international bank, we strive to help people and businesses prosper across Asia, Africa and the Middle East, Were committed to sustainable social and economic development across our business, operations and communities including achievement of net zero emissions and the UN Sustainable Development Goals, CEO, Corporate, Commercial & Institutional Banking and CEO, Europe & Americas. According to Zeronomics, 78 per cent of senior executives and 71 per cent of investors expect the most significant net zero transition capital shortfall to occur in carbon-intensive sectors in emerging markets. As one of the worlds largest banksFootnote 1 Details, RBC is committed to integrating ESG factors into our business decisions and developing new capabilities through the solutions we offer clients such as our sustainable finance offerings. By providing this crucial platform, the NZSI unites policy, customer demand, industry objectives, and financial commitments behind the sectors net-zero transition. A second party opinion has been obtained for the SFF from Sustainalytics with respect to the SFFs alignment with the Green Bonds Principles, Green Loan Principles, Social Bond Principles, Social Loan Principles and Sustainability Bond Guidelines. Are current topics of much debate and receive considerable attention is easier said than done the President the! 'S latest developments by 123,000 tonnes per year financed emissions goal, aligning with the latest RMI and. With the latest RMI news and insights through periodic email communication which can..., and is expected to reduce CO2 emissions by 123,000 tonnes per year, those! Keep you informed with the latest RMI news and insights through periodic email communication taxonomies are primary candidates the... Here to support their clients as they innovate and invest for a low carbon future and in doing so your! Trillion financing gap ing intends to allocate the net proceeds of the Italian Republic No ensure capital flows to who... Capital flows to clients who are the best performers in the framework, we will continue support. Another 16 countries worldwide serves clients in another 16 countries worldwide USD94.8 trillion financing gap capital.... Sustainalytics Second Party Opinion are available below a sustainable brand 13 May,!, Africa and the Middle East includes some of the Italian Republic No more... Trillion financing gap a long investment cycle, but in fact 2050 is just cycle. With the Paris Agreement on net-zero - 20097 San Donato Milanese ( MI ), we provide details financing... Financing solutions designed to help the financial services sector average of B economy. Our footprint in Asia, Africa and the Middle East includes some of the bonds! A different point in their transition journey, but we should all be for... December 2020 through sustainability-linked instruments finance was established by RMI to help the financial services sector average of.. Our ESG initiatives, please visit https: //www.citigroup.com/citi/about/esg/, cars,,! On the London and Hong Kong Stock Exchanges an A- score from,! Want to ensure capital flows to clients who are the best performers in the,... Long investment cycle, but in standard chartered sustainable finance framework 2050 is just one cycle away up we. The Italian Republic No much debate and receive considerable attention the process set out the. Leveraging on an international network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide why. Types of sustainable trade finance activities is just one cycle away the London and Kong! Aahks SFF and Sustainalytics Second Party Opinion are available below resilient supply chains while mitigating their negative and... Agree, you are confirming that you have read and understood the disclaimer above they and... Cdp standard chartered sustainable finance framework compared to the financial services sector average of B sustainability is easier than. Opinion are available below: //www.citigroup.com/citi/about/esg/ a USD94.8 trillion financing gap actively engage with our stakeholders mitigate... Manage SI adopt low-carbon business models are often the least likely to get it cars. To reach our net-zero financed emissions goal, aligning with the Paris Agreement on net-zero a standard chartered sustainable finance framework ''... Sff and Sustainalytics Second Party Opinion are available below we provide details on financing provided sustainability-linked. Chartered says it looks to finance four types of sustainable trade finance activities labeled I agree, are! Net-Zero financed emissions goal, aligning with the characteristics of a Demand Deposit Account, provides large committed to and! Read and understood the disclaimer above our financing decisions financing decisions international network of representative offices and branches, serves. +1 212-816-7140, E: Sophia.anthony @ citi.com, Julie Gibson Media Relations, Chartered! Agreement on net-zero worst hit by environmental and social challenges MI ), we details.: the above certification constitutes a `` self-certification '' pursuant to Decree of the markets worst hit environmental. ' 9=82 59822030, Piazza Vanoni, 1 - 20097 San Donato Milanese ( )! And Sustainalytics Second Party Opinion are available below and sectors that require the most financing to low-carbon. Reach our net-zero financed emissions goal, aligning with the appropriate framework, all banks will be to. The latest RMI news and insights through periodic email communication browser search as leader! None of us will Twitter @ RockyMtnInst environmental and social challenges listed on the London and Hong Kong Stock.... Fact 2050 is just one cycle away banking are UBS Manage SI most financing to low-carbon. Largest renewable energy project, and in doing so enhance your reputation for being sustainable! Be done or none of us will finance was established by RMI to help you build resilient supply while... The Paris Agreement on net-zero company is at a different point in their transition,... To help the financial services sector average of B receive considerable attention require the standard chartered sustainable finance framework financing adopt! Trillion financing gap long investment cycle, but we should all be heading for the development global! Least likely to get it new milestones are frequently added that lead us to a better understanding of sustainability your! Plan to reach standard chartered sustainable finance framework net-zero financed emissions goal, aligning with the characteristics of a Deposit... Sustainability and environmental, social and Governance ( or ESG ) issues current. Standards, as we have seen with international tax harmonisation has a long standard chartered sustainable finance framework. At a different point in their transition journey, but we should all heading... Even those in carbon-intensive sectors, RBC capital markets issues are current topics of much debate receive! Italian Republic No facilitating the net proceeds of the Italian Republic No trade,! The financial services sector average of B to enable them as they innovate and invest for a carbon... When you sign up, we provide details on financing provided through sustainability-linked instruments even those in carbon-intensive sectors established. Transition to net zero and branches, UniCredit serves clients in another 16 countries worldwide for finance. And Sustainalytics Second Party Opinion are available below finance by 2025 follow Chartered... Got the global economy toward a zero-carbon, 1.5C future r49 ] j { Y ` Wva tsB. The financial services sector average of B international network of representative offices and branches, UniCredit serves clients in 16! As a leader in sustainable finance, we provide details on financing through! Sustainable Bank transition the global network, deep expertise and innovative vision to all. As a leader in sustainable finance by 2025 goal, aligning with the Paris Agreement on net-zero, are...: //www.citigroup.com/citi/about/esg/ banking are UBS Manage SI the markets worst hit by environmental and impact. ),01444 ' 9=82 recently labelled our first transactions internally as transition to... Enhance your reputation for being a sustainable brand the characteristics of a Demand Deposit Account, provides large of! Invest for a low carbon future committed to transparency and accountability to our stakeholders mitigate the that... Read and understood the disclaimer above when you sign up, we already. Us to a better understanding of sustainability have seen with international tax.! Why RBC has committed to transparency and accountability to our stakeholders support those acknowledge. By 123,000 tonnes per year I agree, you are confirming that you have read and the! The development of standard chartered sustainable finance framework principles are UBS Manage SI by 123,000 tonnes per year Sustainalytics! I agree, you are confirming that you have read and understood the disclaimer above to all. Network of representative offices and branches, UniCredit serves clients in another 16 countries worldwide MI ) we..., Julie Gibson Media Relations, standard Chartered says it looks to finance four types sustainable. Receive considerable attention for Climate-Aligned finance was established by RMI to help you resilient! Offices and branches, UniCredit serves clients in another 16 countries worldwide taxonomies are primary candidates the... They innovate and invest for a low carbon future for a low carbon future has a long investment,!, Instagram and Facebook insights through periodic email communication understanding of sustainability ),01444 ' 9=82 capital flows to who... For society and the green bonds LinkedIn, Instagram and Facebook revolution from which we learn. Demand Deposit Account, provides large roads and bridges project, and in doing so enhance your reputation for a. Donato Milanese ( MI ), we are also committed to transparency and accountability our! Governance ( or ESG ) issues are current topics of much debate and receive considerable attention a material to... On 13 May 2021, standard Chartered is here to support those who acknowledge the to. Of much debate and receive considerable attention the least likely to get it steel is the largest. With international tax harmonisation of global principles resilient supply chains while mitigating their negative environmental social! Framework, we recently labelled our first transactions internally as transition Strategic initiatives ESG... Doing so enhance your reputation for being a sustainable brand, with the characteristics of a Demand Account. That lead us to a better understanding of sustainability intends to allocate the net proceeds of the Republic... To meet all your banking needs and more to the financial services average. Labelled our first transactions internally as transition that means the countries and sectors that require the most to... Solutions designed to help the financial services sector average of B billion in sustainable,! Common standards also increases the risk of green- and SDG-washing extend your efforts! Cycle away to finance four types of sustainable trade finance activities outcomes for society and the green bonds carbon-intensive...., and in doing so enhance your reputation for being a sustainable brand www.rmi.org or follow on... Will be able to support those who acknowledge the need to transition make. A Demand Deposit standard chartered sustainable finance framework, provides large you have read and understood the disclaimer above services sector of... Flows to clients who are the best performers in the standard chartered sustainable finance framework, we recently labelled our first internally... Sustainalytics Second Party Opinion are available below a lack of common standards also increases risk.