Standard Chartered sustainable finance income up 36% in 2024
“The opportunity to finance the transition to a low-carbon economy is more compelling and crucial than ever."
Standard Chartered bank is on track to generate at least US$1 billion in sustainable finance income by the end of this year, with revenue from this segment up 36% in 2024.
Sustainable finance was the bank’s fastest-growing income stream last year, ahead of wealth solutions (29%), global banking (15%) and net interest revenue (11%).