The ESG Phenomenon: Standard Chartered, Hong Kong

Editorial Staff 11 August 2021

The ESG Phenomenon: Standard Chartered, Hong Kong

The latest developments in and around sustainable investing.

Standard Chartered
Standard Chartered in Hong Kong says that it is the first international bank in the world to have signed a pact to promote a “green building” certification programme launched by the World Bank. 

The UK-listed bank has signed a memorandum of understanding to promote the programme, known as EDGE, with the Sintali-SGS consortium, a global certification services provider.

The certification “provides a transparent pathway” for buildings to achieve carbon neutrality from a minimum of achieving 20 per cent or more savings in energy, water and embodied energy in materials to the highest certification level of “zero carbon”, Standard Chartered said in a statement. 

Under the memorandum, Standard Chartered’s clients who are eligible for green financing would be able to enjoy complimentary advisory services from the Sintali-SGS EDGE Expert Partner Network for participating in the EDGE certification. Standard Chartered’s Hong Kong business is registering its two landmark office premises in Central - the Standard Chartered Bank Building and The Forum - for the EDGE certification.

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