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Standard Chartered Bank accelerates sustainability mission through responsible financing 18:45 | 10/05/2021
As one of the major international financial institutions in Vietnam, Standard Chartered Bank has thrown its considerable weight behind sustainability-linked initiatives to promote a low carbon future and shape a more resilient, sustainable economy.
âWe believe sustainable finance would be the defining moment of this new decade. The unprecedented pandemic has further highlighted the importance of sustainable finance for global and local economic resilience,â said Michele Wee, CEO Vietnam, Standard Chartered Bank, highlighting opportunities as the bank seeks to patch gaps between supply and demand and improve outcomes.
Driving clientsâ turn towards the green agenda, Standard Chartered puts top priority on environmental, social, and corporate governance (ESG) criteria.
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In The Asia Foundation’s continuing discussions of gender equality in the labor force and the private sector in Vietnam, gender-smart investing is trending. Gender-smart investing integrates women’s capacities and life experiences into investment analysis and strategy in order to increase profits while reducing gender gaps. We call this a
shared-value opportunity.
A household business supported by the VBSP, the Vietnam Bank for Social Policies, an Asia Foundation partner
Micro, small, and medium enterprises (MSMEs) are vital to Vietnam’s economic growth, accounting for more than 98% of all businesses, 40% of GDP, and 50% of total employment. Women-owned MSMEs account for 25% of all active enterprises in Vietnam. A majority of these micro-enterprises are run by women whose primary goal is feeding their families. They are not entrepreneurs, but their businesses are crucial to the health and security of their families. At the same time, women make up roughly
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