Appointment of Roger Charles as Head of Sustainability Projects within Standard Chartered, a new role coverage announced.

Standard Chartered Appoints Roger Charles as Head of Sustainability Initiatives

In a move to strengthen its commitment to sustainability, Standard Chartered has appointed Roger Charles as the Head of Sustainability Initiatives, Coverage, in its Corporate & Investment Banking (CIB) team. Charles will be based in Singapore, supporting the bank's coverage and product partners.

Charles joins Standard Chartered from DBS Bank, where he served as Executive Director, shaping sustainable and transition finance, as well as its net zero vision across the region. Prior to his tenure at DBS, he worked for consulting firm DuPont Sustainable Solutions.

Roger Charles previously held a position at Standard Chartered Bank as Executive Director, Environmental and Social Risk Management. His role at Standard Chartered will focus on supporting the continued growth of their sustainable finance franchise.

Stella Choe, the Global Head of Corporate Coverage at Standard Chartered, expressed her belief that Charles' extensive knowledge and experience will support the growth of Standard Chartered's sustainable finance franchise. Choe's statement emphasizes the bank's aim to drive long-term value for its clients through sustainability.

Standard Chartered's commitment to sustainability is integral to their business strategy. The bank has set a goal to reach at least $1 billion in annual sustainable finance income by 2025, a target they achieved in 2024 with a generation of $982 million, growing by 36% year-over-year. The bank also aims to mobilize $300 billion in green and transition finance by 2030, a goal that remains a key priority for the bank.

Charles will work with Standard Chartered's Group Sustainability team to help clients achieve their sustainability goals. Scaling sustainable finance remains a crucial aspect of Standard Chartered's strategy, and Charles' appointment is a step towards achieving this goal.

Despite the lack of specific income or finance goals related to sustainability in Stella Choe's statement, it is clear that Standard Chartered is dedicated to driving sustainability in its operations and client relationships. With the appointment of Roger Charles, the bank is poised to continue its growth in the sustainable finance sector.