Fri, January 24, 2025
[ Fri, Jan 24th ]: Politico
Your best guesses on 2025
Thu, January 23, 2025
[ Thu, Jan 23rd ]: Forbes
FinCrime In The Age Of AI
Wed, January 22, 2025
Tue, January 21, 2025
Mon, January 20, 2025
Sun, January 19, 2025
Sat, January 18, 2025
Fri, January 17, 2025

Climate shift to help boost StanChart income by almost $1 billion, CEO says

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. anchart-income-by-almost-1-billion-ceo-says.html
  Print publication without navigation Published in Business and Finance on by Reuters
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Standard Chartered is set to book almost $1 billion in income in 2025 from business geared towards helping clients meet sustainability goals, CEO Bill Winters told executives at the World Economic Forum in Davos,

- Click to Lock Slider
Standard Chartered's CEO, Bill Winters, has indicated that the bank's strategic shift towards financing sustainable projects, particularly in renewable energy, could boost its income by nearly $1 billion. This projection was shared during a panel at the World Economic Forum in Davos. Winters highlighted that the bank has already seen a significant increase in sustainable finance, with $36 billion deployed in 2023, up from $17 billion in 2022. This focus on sustainability not only aligns with global climate goals but also positions Standard Chartered to benefit from the growing market for green finance. The bank aims to increase its sustainable finance to $300 billion by 2030, with a particular emphasis on Asia, Africa, and the Middle East, where it sees substantial opportunities for growth in renewable energy sectors.

Read the Full Reuters Article at:
[ https://www.reuters.com/sustainability/sustainable-finance-reporting/climate-shift-help-boost-stanchart-income-by-almost-1-billion-ceo-says-2025-01-21/ ]