Tuesday, 29 November 2022

Most Sustainable Transaction Bank in Asia Pacific - Standard Chartered Bank

5 min read

By The Asian Banker

The winning bank did not only grow its sustainable finance portfolio by 138% in 2021 but also helped customers pivot to ESG through the launch of flexible products, advisory services and an exclusion principle which clearly defines a list of activities and sectors that the institution will not support. It incorporated transition finance targets in relevant business sectors linked to capital requirements. It launched a new sustainable supply chain benchmarking tool which allows companies to compare their performance with peers on key sustainability and resilience indicators. Sustainability was also extended to suppliers through deep-tier supply chain financing through partnerships.  

For being ahead of the curve and working with customers and their suppliers to accelerate the sustainability journey, the Most Sustainable Transaction Bank in Asia Pacific is Standard Chartered.

For full evaluation criteria and scorecard for Transaction Finance Awards, please visit
https://www.asianbankerawards.com/transactionfinanceawards/criteria.php

 



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