Standard Chartered Pakistan launches “Sustainability Review 2018”

Karachi,
July 12, 2019 (PPI-OT): Standard Chartered Pakistan launches its annual
Sustainability Review, setting out how it has delivered on its strategy to
provide a strong return for shareholders, while creating social and economic
value in the communities where it operates.

As the
largest international bank in the country, Standard Chartered is now truly a
part of the social fabric of this country. Through the Bank’s sustainability
strategy we seek to strengthen relationships between the business, community,
government and clients. Giving back to the community remains an important part
of Standard Chartered’s sustainability agenda. In Pakistan, the Bank’s
community efforts are focused on education and health.

As a
responsible company, the Bank has continued to transform people’s lives through
its community programmes with employees contributing more than 1,000 volunteering
days. Globally, it surpassed the $100 million target for Seeing is Believing
(SiB), the Bank’s initiative to tackle avoidable blindness and visual
impairment, two years earlier.

In
Pakistan, the Bank’s SiB journey in numbers is truly inspiring, impacting over
12 million beneficiaries. It has conducted over 500,000 sight restoring
surgeries, trained over 60,000 lady healthcare workers, screened over 1.5
million children for refractive errors, while we have 24 visually impaired
employees working in the Bank.

SiB
still have projects that will continue to be implemented till 2020 in Karachi,
Lahore, Islamabad, Mansehra, Haripur, Swat and Swabi, with a focus on diabetic
retinopathy and accelerating support for female cataract patients through our
partners Sight Savers and Layton Rehmatulla Benevolent Trust (LRBT).

We are
also leveraging this opportunity to announce the Bank’s new Community
Investment strategy, Future makers by Standard Chartered. This is our global
initiative to tackle the issue of inequality and seeks to promote greater
economic inclusion for young people in our communities.

We will
do this by supporting disadvantaged young people from low-income households,
particularly girls and people with visual impairments, to take part in programmes
focused on education, employability and entrepreneurship. For Pakistan, this
would translate into furthering our Goal programme. Our adolescent girls’
focused programme grew in its third year to span 17 schools in Lyari, Saddar
and Keemari and reached more than 4,500 girls. We will also be looking at
providing a financially inclusive environment for females by launching
initiatives such as Women in Tech.

Ms.
Khadija Hashimi, Head of Corporate Affairs and Brand and Marketing, Standard
Chartered, Pakistan said: “Here for good, our brand promise is all about
commitment – to our customers and clients, to our people and to the communities
where we work. Standard Chartered has been committed to the long term growth
and development of this country. This commitment has spanned one and a half
century and remains just as strong today. We stand firm in our determination to
create long term value for society as well as our shareholders.”

To read
the full 2018 Sustainability Review, go to: https://av.sc.com/pk/content/docs/pk-sustainability-summary-2018.pdf

For more information, contact:

Head of Corporate Communications

Standard Chartered Bank (Pakistan)
Limited

1st Floor, New Jubilee Insurance
Building,

I.I. Chundrigarh Road, Karachi

Tel: +92-21-32450239

Cell: +92-334-3239399

Email: Farhan.ahmed@sc.com

Website: www.sc.com