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Standard Chartered appoints Head of Sustainable Finance for Greater China and North Asia

Hong Kong, 6 January 2021 — Enhancing the Bank’s commitment in promoting UN’s Sustainable Development Goals (SDGs) in the region, Standard Chartered announced the appointment of Tracy Wong Harris as Head of Sustainable Finance for Greater China and North Asia, effective immediately, as it continues to increase its push into supporting clients across Asia, Africa and the Middle East with sustainable financing.

“I am very excited to join Standard Chartered, a bank with solid commitment to align with the Paris Agreement and leading innovative work, such as Bill Winters chairing the Taskforce for Scaling Voluntary Carbon Markets. I am confident that we can advance deep decarbonisation in the region and deliver the firm’s sustainability and climate targets,” said Tracy Wong Harris, Head of Sustainable Finance, Greater China & North Asia, Standard Chartered.

Based in Hong Kong, Tracy Wong Harris will focus on the Bank’s sustainable finance strategy in the region by developing new products and solutions, further incorporating environmental, social and governance considerations into banking decisions, and identifying sustainable finance opportunities for clients. She joins the Bank from the Hong Kong Green Finance Association, where she was Deputy Secretary General, and helped position Hong Kong as a leading global green and sustainable finance centre.

“The Greater China and North Asia region plays an incredibly important role in ensuring the world achieves the Paris Agreement on climate change and the Sustainable Development Goals. Asia’s stage of growth and the fact that it houses some of the world’s most innovative companies means it is in a good position to ‘sustainability-leapfrog’ other parts of the world, so I’m delighted we could recruit someone of Tracy’s calibre to support our clients,” said Daniel Hanna, Global Head of Sustainable Finance, Standard Chartered.

The expansion of the team follows the release of its Impact Report, which quantifies the impact of its USD3.9 billion of Sustainable Assets that are aligned to the UN’s SDG in its Sustainable Finance portfolio, including loans to renewable energy, healthcare, education as well as Microfinance and SME lending in low-income countries.

The Bank is committed to rapidly growing sustainable finance and to increase lending into areas aligned with the SDGs, such as the USD1 billion of not-for-profit capital being deployed to help clients produce equipment that will help in the fight against COVID-19. — Construction+ Online