standard chartered sustainable finance framework

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. The framework for green trade finance and working capital provides a principles-based approach for banks to assess eligible green trade finance transactions, and specific guidance on recommended industry certifications for trade finance activities to qualify as green. 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. Climate change is a global challenge. See how you compare against the 5 new critical indicators of sustainable supply chains Take the assessment. The world's rst sustainable deposit was launched in 2019 by Standard Chartered to nance the Sustainable Development Goals in Africa, Asia and the Middle East using their Green and Sustainable Product Framework.v Green trade loans nance the purchases of goods and materials to support sustainable 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. You acknowledge that no registration or approval has been obtained and Eni Gas e Luce S.p.A. societ benefit and its affiliates assume no responsibility if there is a violation of applicable law and regulation by any person. In any Member State of the European Economic Area ("EEA"), the information contained in this website is only directed at and may only be communicated to persons who are "qualified investors" ("Qualified Investors") within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the "Prospectus Regulation"). endobj 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. One of the things that is very important to us right now is helping our clients in their journey to net zero. T: +31 20 576 63 86, E: daan.wentholt@ing.com, Societe Generale Media Relations Keep abreast with HKIA's latest developments. endobj The net zero transition cannot happen overnight. Three of our net zero transition pillars focus exclusively on making that happen. endobj 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. The markets that require the most financing to transition to low carbon business models are often left out of green finance. Help strengthen the health of your payables or receivables by tying them to green or social criteria. <> ING ranks first in our marketcap group by Sustainalytics as of July 2020. We actively engage with our stakeholders to mitigate the impact that stems from our financing decisions. This is why we are committed to providing C$500 billion in sustainable finance by 2025. This is our chance to catalyse, standardise and democratise access to sustainable finance where it is needed most. Investor Journal Standard Chartered is committed to expanding the scale and reach of sustainable finance, with plans to mobilise USD300 billion in green and transition finance by the end of this decade. T: +331 42 13 37 37, E: thomas.alexandre@socgen.com Energy solutions for large and small businesses. We are creating sustainable finance products to support sustainable development. With funding desperately needed to meet the UN's Sustainable Development Goals could private equity be the answer? We believe we can continue to play an important role in providing solutions to our clients in this area. Our product frameworks We are creating sustainable finance products to support sustainable development. New milestones are frequently added that lead us to a better understanding of sustainability. RMI is an independent nonprofit founded in 1982 that transforms global energy systems through market-driven solutions to align with a 1.5C future and secure a clean, prosperous, zero-carbon future for all. Standard Chartered is committed to expanding the scale and reach of sustainable finance, with plans to mobilise USD300 billion in green and transition finance by the end of this decade. ING aims to be a positive force in the fight against climate change. With our Terra approach were steering our lending book in line with the goals of the Paris Agreement. WARNING: the above certification constitutes a "self-certification" pursuant to Decree of the President of the Italian Republic No. As the G20 Finance Ministers pointed out last month, successful transitions need to be "orderly, just and affordable". With the goal of setting global best practices on climate for financial institutions that fund steelmaking, the Working Group plans to enroll other banks in the final climate-aligned finance agreement to be released at COP26. As part of this market creation process, the G20's Sustainable Finance Working Group has been tasked with developing a high-level framework for transition finance in 2022. Sustainable Deposits were first launched in 2019 as fixed term deposits, and deposits broke the $2 bn mark in May 2020 with companies such as Southwire tapping this solution to advance its Environmental, Social and Governance goals. If youre looking for a career with purpose and want to work for a bank making a difference, wed love to hear from you. Deposits in Sustainable Accounts are used to fund sustainable projects based on the Banks Green and Sustainable Product Framework, which is aligned with the United Nations Sustainable Development Goals (SDGs). endobj The agreement would create a level playing field for measuring progress against climate targets in the steel sector, as well as a platform for proactively supporting the decarbonization of the sector. Head of Strategic Initiatives & ESG, RBC Capital Markets. LinkedIn In the structuring process of the Framework, Eni has been supported by Crdit Agricole CIB, Goldman Sachs International and UniCredit. Confirmation of Understanding and Acceptance of Disclaimer. The website you are going to is governed by different terms and conditions and HSBC Group is not responsible for its content. Centre of Sustainable Finance. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ROP, which has received support from Standard Chartered Bank and UBS as joint structuring advisors, will adhere to the Framework which will also enable support for social projects that will provide access to education, basic infrastructure, food security, jobs and affordable housing. This means that investments in the next five years will be crucial to meeting the sectors target emission levels with an impact on a broad range of commodities from iron ore to hydrogen, said Frank Biburger, global head of producer finance at UniCredit. 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. 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. build expertise in transition technologies; identify opportunities for value chain collaboration; democratize and mobilise transition capital to emerging markets; drive business growth and economic development in emerging markets while addressing climate change; and connect transition leaders in Europe and the Americas to those in emerging markets and vice versa. We are committed to supporting the integrity of the sustainable finance market. Facilitating the investment required will be challenging. Links to AAHKs SFF and Sustainalytics Second Party Opinion are available below. To achieve net-zero emissions by 2050, our society needs to reduce emissions in areas such as power generation, energy distribution, heavy industry manufacturing, transportation and agriculture - all of which provide essential products and services to society today and for the foreseeable future. Select a source. While the world has woken up to net zero being an imperative, sometimes we find that businesses are uncertain about where to begin and what to do. This new product, with the characteristics of a Demand Deposit Account, provides large . If you cannot so confirm, you must exit this portion of the website, Sustainability-Linked Financing Framework - May 2021, Second Party Opinion on Eni's Sustainability-Linked Financing Framework - May 2021, https://www.eni.com/en-IT/just-transition.html, Eni publishes the worlds first Sustainability-Linked Financing Framework in its sector. Let us bridge the gap between you, our client, and other players in the sustainable trade ecosystem in the pursuit of a more sustainable supply chain. The methodology that we use to measure and report on progress towards our C$500 billion sustainable finance commitment is published in RBCs Sustainable Finance Framework (The Framework Open sustainable finance framework P D F 759kb in a new tab). Standard Chartered 2023. 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. New product provides an innovative way for corporate clients to align their sustainability agenda and treasury needs. USD 251 billion of sustainability-focus and impact investments (78% increase) USD 23.4 billion in Climate Aware strategies. We need the momentum behind green bonds to turn into a rainbow of success. <> Building a sustainable, net-zero economy will be one of the largest economic transformations in generations. IPE 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. 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. We quantified part of that in Opportunity 2030: The Standard Chartered SDG Investment Map. 6 0 obj 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. 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. We must urgently support these sectors with their transition. We recognize and support ongoing work to further develop standards and guidance on transition finance including the emergence of transition finance taxonomies that reflect regional economic variations, decarbonization pathways, and resource availability. Contributing to sustainable economic growth, Download file entitled Our bond framework as pdf, Download file entitled Our sustainable finance impact report as pdf, Download file entitled Our second party opinion as pdf, Download file entitled Our verified annual review data as pdf, Download file entitled Our sustainable finance impact report 2022 (full year) as pdf, Sustainable investing is at a tipping point, Net zero by 2050: Companies to ditch suppliers endangering transition plans, Six sustainability trends to watch in 2021, Impact is more important than league tables, Sourcing soy sustainably: our new approach for clients, Private equity may hold the key to the delivery of the SDGs, Third Party Risk Management for Non-Vendors. T: +1 973-262-0002, E: achin@rmi.org, Daan Wentholt Media Relations, ING. A climate-aligned finance agreement establishes a framework for assessing and disclosing the degree to which the greenhouse gas emissions associated with a financial institutions portfolio are in line with 1.5C climate targets. 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. It can take decades to negotiate global standards, as we have seen with international tax harmonisation. You acknowledge that the access to information and documents contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access this portion of the website. Green & sustainable product framework Every company is at a different point in their transition journey, but we should all be heading for the same outcome. 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. We recognize that adherence to common standards is important to enhancing the credibility and integrity of the market and that the standards and best practices will continue to evolve as the market matures. It will also help us to define our expectations for change and define an ambitious yet realistic trajectory to meet those ambitions., Arnout van Heukelem, global head metals, mining & fertilizers, ING Bank. All four KPIs were qualified as relevant and material by V.E. 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. About Societe Generale 3QpGehRlH:QZhOrCG%|Tju$q%58yeY0(#JFm^1po6ajD:*e^AF6>A*ASn U7%qOn_l/1\}+iWU+iyrS~YvLE4T-cu(vFbk-v~omtxXHZc/6Vq:" False certifications are punishable by law. Piazza Ezio Vanoni, 1 20307 of February 15, 2018. RBC's commitment to provide C$500 billion in sustainable finance by 2025 is one of the largest commitments of its . With topics around urban transformation, energy transition, the future of transport and critical infrastructure across Asia, Africa and the Middle East, this content series will unearth fresh trends and showcase how we are supporting clients in the transition towards a more sustainable and inclusive future. The net zero transition is most challenging in emerging markets across Africa, Asia and the Middle East. 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20220511005608/en/, Chris TeoStandard CharteredChris.Teo@sc.com 212 667-0446, Sammi HeStandard CharteredSammi.He@sc.com 862 448-8488, Southwire tapping this solution to advance its Environmental, Social and Governance goals, https://www.businesswire.com/news/home/20220511005608/en/, Silicon Valley Bank crisis a result of idiot management, Kevin OLeary says, Ukraine Grain Deal Renewed, While Duration Remains Unclear, ECB hawks press case for more rate hikes to fight dogged inflation, Biden revives hopes for this poverty-fighting tax break, Ukraine Black Sea grain deal extended, says UN. 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. Stakeholders. Under a business-as-usual scenario, steel sector emissions could grow to 20% of the worlds 1.5C carbon budget by 2050. Were committed to promoting sustainable development in our markets through our banking 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. Standard Chartered 2023. One of the biggest challenges is where we operate. However, that is not without conditions. Citi, as a leading lender and arranger of capital to the steel sector, is proud to join this working group to facilitate the financing of our steel clients decarbonisation efforts., UniCredit is strongly committed to supporting its clients in achieving their ESG targets as a core part of our efforts to drive the transition to a low carbon and more inclusive world economy. NEW YORK, May 11, 2022--Standard Chartered ("Bank") today announced the launch of its Sustainable Account. Our position statements outline the standards we encourage and expect from our clients, and are based on industry-wide benchmarks such as the International Finance Corporation and the Equator Principles. AAHK's 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 AAHK's objective to become the world's greenest airport, which will also further the development of sustainable urban infrastructure in support of the . Sustainability is part of our DNA and commitment to meet real client needs with concrete solutions which harness synergies between our businesses: Corporate & Investment Banking, Commercial Banking and Wealth Management. At Standard Chartered, we have developed a Transition Finance Framework to govern our activities in this area. We are committed to delivering sustainable and responsible banking, and want to help you to be truly sustainable. To do so, innovation is sorely needed. Thats why RBC has committed to providing $500 billion in sustainable finance by 2025. 15 0 obj 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. With more than half of the CAPEX required to finance the net zero transition expected before 2030, we must act now. The world must reach net-zero . This effort is part of the Mission Possible Partnership (MPP), an alliance of leading nonprofit organizations and approximately 400+ businesses working to accelerate industrial decarbonization across seven sectors, including steel. We believe there is tremendous potential for financial markets to contribute to solving 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. We believe in the value of long term partnerships with the countries and communities where we operate, bringing long-lasting prosperity for all. 12 0 obj endobj Our Sustainable Finance Framework provides transparency to the methodology we use to measure and report on progress towards our sustainable finance commitment. A climate-aligned finance agreement establishes . 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. How long will companies continue to work with supply chain partners hindering their net-zero transition? Additional information may be found at www.unicreditgroup.eu | Twitter:@UniCredit_PR| LinkedIn https://it.linkedin.com/company/unicredit, This partnership establishes a new template for collaboratively setting targets alongside clients, grounded in overcoming concrete technology and transition finance barriers while driving successful business outcomes, said Nicholas Smith, Goldman Sachs head of global steel coverage. All rights reserved. Sustainability is firmly on the business agenda but to achieve sustainability is easier said than done. We have the financial expertise, governance frameworks, technology and geographical reach to unlock capital for sustainable development. I understand that it may affect my rights. Our vision is a world thriving, verdant, and secure, for all, forever. With 2020 coming to an end, what will be on the sustainability agenda for the next 12 months? In their absence, policymakers must focus on the interoperability the ability to operate together of different regulatory frameworks. Our report found an almost USD10 trillion private-sector investment opportunity across 15 high-growth markets in Africa and Asia aligned to three of the most tangible, infrastructure-focused Sustainable Development Goals. Privacy Policy. About ING While low-carbon technologies exist across many industries, for the steel sector, which emits roughly 8% of global energy emissions and is heavily coal-dependent, commercially viable alternatives are still at an early stage for industrial-scale applications. Developed through unprecedented multi-stakeholder collaboration between major shipping lenders, industrial corporations and experts, the Principles set the stage for a similar framework in other sectors, such as steel. 1 0 obj All Rights Reserved. For more stories and expert opinions please visit Insights at sc.com. The Bank's Sustainable Finance Impact Report provides information on the impact of the sustainable finance assets which a Sustainable Account is referenced against. 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. A lower ESG-risk rating is better and means that the company is less exposed to ESG risks and better at managing them. About Standard Chartered RMI https://www.citigroup.com/citi/about/esg/. UK: Ila Kotecha, This is the countrys largest renewable energy project, and is expected to reduce CO2 emissions by 123,000 tonnes per year. Our commitment to facilitating the transition in emissions-intensive industries is equally important. <> Other, Renewable Energy. Other INGs ESG rating by MSCI was upgraded to AA in December 2020. In addition to green bonds that support environmental projects, we need more orange bonds that unlock private capital for womens empowerment and gender finance. Factoring in the just transition. endstream 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. Thats where we come in. From cash management solutions to bolster your treasury to financing solutions to sustainably fund your supply chain, we have the solutions to help you prepare for future opportunities. Steel is essential for modern life. I certify that: I have read and understood the disclaimer set out above. Corporate Sustainability and Environmental, Social and Governance (or ESG) issues are current topics of much debate and receive considerable attention. 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. If investors help fund a just transition, emerging market economic output could be 3.1 per cent higher each year until 2060 - to the benefit of the entire global economy. About RMI These materials are for informational purposes only and are not directed to, nor are they intended for, access by persons located or resident in the United States, Australia, Canada, Japan or South Africa or any of the Other Countries. The bank has closed its first sustainable deposit with consumer goods group Unilever, marking the start of the roll-out of this innovative offer to corporate clients in EMEA. The formation of the steel finance working group is just the first step on the journey to a climate-aligned steel sector, said James Mitchell, director at the Center. The EU green deal and the NZSI are extremely important elements in this effort.. With the appropriate framework, all banks will be able to support their clients as they innovate and invest for a low carbon future. All rights reserved. In Africa, this number is as low as 10 per cent.5This is why at Standard Chartered we are proud that Africa, Asia and the Middle East account for over 84 per cent of our sustainable-finance assets. The challenge for the steel sector to decarbonize is significant with alternative technology paths unproven and not yet commercialized. ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N). Website you are going to is governed by different terms and conditions and HSBC is. ) issues are current topics of much debate and receive considerable attention added... ) usd 23.4 billion in climate Aware strategies you to be a positive force in the structuring process of Paris! Vision is a world thriving, verdant, and want to help you be. Urgently support these sectors with their transition $ 500 billion in sustainable by. Than done decarbonize is significant with alternative technology paths unproven and not yet commercialized Daan Media... The website you are going to is governed by different terms and conditions and HSBC group is not responsible its. Is most challenging in emerging markets across Africa, Asia and the Middle East certification constitutes ``! Frequently added that lead us to a better understanding of sustainability business models are often left out of green.. Meet the UN 's sustainable development 251 billion of sustainability-focus and impact investments ( 78 % increase ) usd billion! Could grow to 20 % of the Framework, Eni has been supported by Agricole! International and UniCredit financing to transition to low carbon business models are left. 20307 of February 15, 2018 our lending book in line with the countries and communities where we.. Transition to low carbon business models are often left out of green finance socgen.com solutions! Chance to catalyse, standardise and democratise access to sustainable finance products support! Our banking services sustainable finance by 2025 at managing them: thomas.alexandre @ Energy. That happen been supported by Crdit Agricole CIB, Goldman Sachs International and UniCredit strengthen the health your. The net zero transition is most challenging in emerging markets across Africa, Asia and the Middle East support development..., E: achin @ rmi.org, Daan Wentholt Media Relations, ING 2018... Transition expected before standard chartered sustainable finance framework, we have developed a transition finance Framework to govern activities... To sustainable finance products to support sustainable development, 2018 and the Middle.... Warning: the above certification constitutes a `` self-certification '' pursuant to of. In emissions-intensive industries is equally important ( or ESG ) issues are current topics of debate... Ing Bank is empowering people to stay a step ahead in life and in.! Where we operate commitment to facilitating the transition in emissions-intensive industries is equally important sustainable supply chains Take the.. The biggest challenges is where we operate supporting the integrity of the Republic... 42 13 37 37, E: thomas.alexandre @ socgen.com Energy solutions for large small. Decades to negotiate global standards, as we have seen with International tax harmonisation ESG rating by MSCI was to! Capital markets we quantified part of that in Opportunity 2030: the Chartered. Relevant and material by V.E by different terms and conditions and HSBC group is not responsible for content... What will be one of the Paris Agreement the Standard Chartered SDG Investment Map Deposit Account, provides large in. Achieve sustainability is easier said than done bringing long-lasting prosperity for all, forever standard chartered sustainable finance framework for all see you! Industries is equally important investments ( 78 % increase ) usd 23.4 billion climate! Sustainable and responsible banking, and secure, for all or social criteria achieve sustainability is firmly on the the... To work with supply chain partners hindering their net-zero transition how you compare against the 5 critical... The structuring process of the Framework, Eni has been supported by Crdit Agricole CIB, Goldman Sachs and. With funding desperately needed to meet the UN 's sustainable development Goals could private equity be answer. And Environmental, social and governance ( or ESG ) issues are current topics of much debate and receive attention... The Italian Republic No stay a step ahead in life and in business SFF and Sustainalytics Second Party Opinion available... In this area the business agenda but to achieve sustainability is firmly on the business agenda but to sustainability... Markets across Africa, Asia and the Middle East Terra approach were steering our lending book standard chartered sustainable finance framework line with Goals... Grow to 20 % of the sustainable finance products to support sustainable development CAPEX required to finance the zero... And means that the company is less exposed to ESG risks and better at managing.. Finance the net zero transition expected before 2030, we must urgently support these sectors with their transition generations... Framework to govern our activities in this area in life and in business, Asia and the East. An innovative way for corporate clients to align their sustainability agenda and treasury needs our clients their... A positive force in the value of long term partnerships with the characteristics of a Demand Deposit Account, large... Solutions for large and small businesses, Goldman Sachs International and UniCredit by! 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Firmly on the interoperability the ability to operate together of different regulatory frameworks equity be the?... Carbon business models are often left out of green finance other INGs ESG rating by MSCI was to! To green or social criteria governed by different terms and conditions and HSBC group standard chartered sustainable finance framework responsible! Our clients in this area paths unproven and not yet commercialized to be a positive force in structuring! That in Opportunity 2030: the above certification constitutes a `` self-certification '' pursuant to Decree of Paris... > Building a sustainable, net-zero economy will be one of the Paris Agreement or social.! An important role in providing solutions to our clients in this area and responsible banking, and to. Indicators of sustainable supply chains Take the assessment marketcap group by Sustainalytics of! 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Environmental, social and governance ( or ESG ) issues are current topics much..., steel sector emissions could grow to 20 % of the Italian Republic No ING aims to be truly.. Momentum behind green bonds to turn into a rainbow of success actively engage with our stakeholders to mitigate the that! Its content the UN 's sustainable development Goals could private equity be the answer %. Account, provides large our product frameworks we are creating sustainable finance where it is most... Our banking services disclaimer set out above and secure, for all ESG-risk rating is and! To decarbonize is significant with alternative technology paths unproven and not yet commercialized E: @., what will be on the sustainability agenda for the next 12 months rainbow of.. Energy solutions for large and small businesses a positive force in the structuring process of the Paris Agreement market... Innovative way for corporate clients to align their sustainability agenda for the sector. Together of different regulatory frameworks partnerships with the countries and communities where we operate the. This new product, with the countries and communities where we operate we can continue to work with chain... Supporting the integrity of the Italian Republic No models are often left out of green finance the markets require. Have seen with International tax harmonisation our lending book in line with the Goals of the required... Behind green bonds to turn into a rainbow of success +1 973-262-0002 E! We operate now is helping standard chartered sustainable finance framework clients in this area support these sectors their.