Environmental and Social Risk Management Framework

This document is an Environmental and Social Risk Management Framework that outlines the approach of Standard Chartered to identify, assess, and manage environmental and social (E&S) risks associated with client relationships. It details the governance structure, roles, and responsibilities within the organization for managing these risks. The framework emphasizes the importance of balancing environmental, social, and economic needs while supporting sustainable development. It defines E&S risks, including environmental risks related to potential harm to the natural environment and social risks that may affect individuals or communities. The framework also describes the Position Statement criteria that guide the assessment of clients and transactions, which are informed by international conventions and industry standards. Additionally, it discusses the ongoing review process for the framework and Position Statements to adapt to emerging risks and best practices.