By 
Standard Chartered Advances Sustainability Agenda
Standard Chartered has today released its 2023 Sustainability Progress Report, highlighting the achievements made in support of its long-term sustainability ambition.
In 2023, the Bank grew its total Sustainable Finance assets to KES 3 billion, a 13 per cent increase from 2022, while increasing overall sustainable finance revenue by over 1,000 per cent. Revenues grew from KES 129 million to KES 1.29 billion during the period.
Standard Chartered Advances Sustainability Agenda
Operationally, the Bank has managed to achieve a 39 per cent reduction in energy use through the installation of solar systems at all branches and offices.
Female representation on the Board has increased from 23 per cent in 2019 to 55 per cent in 2023 and 56 per cent of the executive management team and 53.6 per cent of all staff at the bank are female.
Standard Chartered Advances Sustainability Agenda
The Bank also grew its SC Shilingi Fund, a low-ticket wealth proposition that enhances access to sophisticated financial products. The Fund now has over 15,500 clients and assets under management over KES 3.16 billion
Please find attached the press release announcing the report and photos to accompany the story. Here’s a link to the report.
Comments