Standard Chartered Green and Sustainable Product Framework 2023

This document is a guide detailing the Standard Chartered Green and Sustainable Product Framework for 2023. It outlines the bank's approach to sustainability, emphasizing its commitment to integrating sustainability into organizational decision-making. The framework includes a set of Position Statements that define environmental and social standards, along with a list of Prohibited Activities that the bank will not finance. The guide highlights the challenges faced in various markets, such as rapid urbanization and climate change, and discusses the role of finance in addressing these issues. It also describes the Sustainable Finance product suite, which consists of over 40 product variants categorized into Use of Proceeds, Sustainability-Linked, and Sustainable Finance Liabilities Products. The document further explains the governance structure overseeing Sustainable Finance transactions, including the Sustainable Finance Governance Committee, and emphasizes the importance of transparency and external verification in mitigating greenwashing risks.