Standard Chartered plans to reduce its lending for carbon-intensive sectors as part of its efforts to reach net zero carbon emissions by 2050. Photo: Bloomberg
Standard Chartered plans to reduce its lending for carbon-intensive sectors as part of its efforts to reach net zero carbon emissions by 2050. Photo: Bloomberg

Standard Chartered to offer US$300 billion for green, transition financing as part of net zero plan

  • Standard Chartered to reduce emissions associated with lending to carbon-intensive sectors, such as oil and gas
  • More than half of Standard Chartered’s markets have not adopted net zero plans

Topic |   Banking & finance
Standard Chartered plans to reduce its lending for carbon-intensive sectors as part of its efforts to reach net zero carbon emissions by 2050. Photo: Bloomberg
Standard Chartered plans to reduce its lending for carbon-intensive sectors as part of its efforts to reach net zero carbon emissions by 2050. Photo: Bloomberg
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