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Standard Chartered has launched its first-ever social bond worth €1 billion, marking a significant step in promoting sustainability and financial inclusion across emerging markets.
Purpose of the Bond:
Support small and medium-sized enterprises (SMEs)
Empower women entrepreneurs
Improve access to healthcare, education, and food security
The 8-year bond aligns with Standard Chartered’s Sustainability Bond Framework, ensuring investments contribute to inclusive economic growth and long-term resilience.
India to Receive the Largest Share of Investment
India will be the biggest beneficiary, receiving nearly 50% of the bond proceeds. The bank's social assets are concentrated in five key countries:
India – 57%
Malaysia – 10%
Bangladesh – 6%
Mainland China – 5%
Nepal – 4%
This investment will support businesses, create jobs, and enhance social infrastructure in these regions.
Private Sector Investment Key to Sustainable Growth
Standard Chartered emphasised the need for private sector capital mobilisation, highlighting that $4.2 trillion in annual investment is required to drive sustainable development in emerging markets.
Why It Matters:
Bridges financing gaps in developing economies
Provides much-needed capital for businesses and communities
Ensures long-term economic prosperity
This initiative aligns with global efforts to promote sustainability, demonstrating the growing role of financial institutions in driving social impact.
