Standard Chartered
Decathlon's Sustainable Development Cash Management
Pages
2
Time to read
4 mins
Publication
Language
English
Pages
2
Time to read
4 mins
Publication
Language
English
This case study details Decathlon's collaboration with Standard Chartered Bank to implement the Sustainable Account, a financial solution designed to support the company's sustainability objectives. As a leading sporting goods retailer, Decathlon aims to reduce its climate impact by 2026, aligning its business practices with sustainable development goals. The Sustainable Account allows Decathlon to maintain liquidity while simultaneously contributing surplus cash to sustainable loans and projects, in accordance with the Bank's Green and Sustainable Product Framework. This framework is aligned with the UN Sustainable Development Goals. The case study outlines how Decathlon's mission to sustainably move people through sports is supported by this financial strategy, which emphasizes eco-design, product repair, and other sustainable practices. The partnership with Standard Chartered is positioned as a critical element in Decathlon's efforts to achieve its ambitious sustainability targets while ensuring operational flexibility.