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Finance, Markets & InvestingSustainable FinanceCross industry

Standard Chartered Commits $300B to Net Zero, Eyes $1B in Green Finance

Standard Chartered Commits $300B to Net Zero, Eyes $1B in Green Finance

Standard Chartered will mobilize $300 billion in sustainable finance by 2030, targeting net zero across financing by 2050. It is the first GSIB to have external confirmation of its climate targets.

Standard Chartered has unveiled a bold 2050 net zero plan, aiming for $300 billion in sustainable finance by 2030.


Key Highlights


  • First GSIB with external verification of net zero targets
  • $1 billion in sustainable finance income expected by 2025
  • 29 percent reduction target for oil and gas sector emissions by 2030


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Why It Matters


Unlike banks exiting climate coalitions, Standard Chartered stays committed—backing high-emission clients in their transition while maintaining a rigorous sustainability roadmap.


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