Standard Chartered launches sustainable account solution for SG corporates

Corporates can allocate their surplus cash to support the net zero agenda.

Standard Chartered has launched its Sustainable Account solution in Singapore, enabling corporate clients to invest their surplus cash to support the United Nations Sustainable Development Goals (SDGs).

This makes Singapore the first ASEAN market and second Asian market after China to have access to the solution. The Sustainable Account was first introduced in the UK and the UAE in November 2021.

This solution is referenced against Standard Chartered’s Green and Sustainable Product Framework, which was developed with the support of Sustainalytics, an independent provider of environmental, social and governance (ESG) research and ratings.

Amongst major clients leveraging this product include French sporting goods retailer Decathlon.

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