Standard Chartered has issued its inaugural green bond worth EUR 1 billion, the bank’s fifth sustainable finance issuance and first in green-only format. Proceeds will support renewable energy projects, green buildings, and circular economy initiatives across Asia, Africa, and the Middle East, with investor demand peaking at over EUR 3.9 billion.
The bank’s sustainable finance asset pool stands at USD 17.4 billion in green assets, with over 70% deployed in emerging markets. These assets span 355 projects addressing carbon reduction, climate resilience, eco-efficient manufacturing, waste reduction, and natural resource sustainability. Notable examples include 89 emergency flood bridges financed in Ghana, a USD 15.2 million e-mobility facility for 150 electric buses in India, and a EUR 249 million solar project supporting over 80,000 households in Turkey.
Chief Sustainability Officer Marisa Drew said, “Every dollar of financing can have disproportionate impact in emerging markets on carbon avoidance.” Group CFO Diego De Giorgi added that the issuance highlights how the bank provides financial solutions supporting long-term growth across its markets.