Standard Chartered celebrates World Environment Day

June 04-05, 2011

In celebration of World Environment Day, Standard Chartered, Nepal organised a series of initiatives and events to raise awareness of climate change and to encourage positive actions to tackle its impacts.

Standard Chartered, Nepal observed World Environment Day by organising various activities within and outside the Bank. The activities included Tree Plantation Campaign, Vehicle Pooling, Display of Environment Protection Placards at different Branches and broadcast of several awareness building messages on preservation of the Environment.

Tree Plantation Campaign – one of the key initiatives was organized by the Bank on 4 June to mark the World Environment Day. Anurag Mishra, Acting CEO of Standard Chartered, Nepal inaugurated the program at a special function organized by the Bank at Laboratory Higher Secondary School, Kirtipur. The Principal of Lab School, Lakpa Sherpa took the opportunity to appreciate the initiative undertaken by the Bank and its staff members. Amongst other stakeholders, staff members of the Bank also participated actively during the occasion. Altogether ~1,000 tree saplings were planted in the area made available by the Laboratory Higher Secondary, Kirtipur. Department of Forest assisted this initiative of the Bank by providing tree saplings.

Anurag Mishra –Act. CEO, of Standard Chartered, Nepal says: “Combating the impacts of climate change requires concerted efforts amongst businesses, authorities and individuals. World Environment Day is a great opportunity to illustrate our commitment to positive actions. I’m proud to see the enthusiasm of our employees to do their part on this day.”

As a major bank operating in more than 70 countries, Standard Chartered’s most significant impact on the environment is through the businesses it finances. Standard Charted requires its customers to meet standards that are considerate of society and the environment. In 2009, the bank increased it’s investment in renewable energy and low carbon technologies as part of its Clinton Global Initiative commitment. Although its direct impact on the environment is minimal, Standard Chartered is continually increasing the efficiency of its buildings to decrease its energy and water usage and production of waste.

For further information please contact:

Mr. Diwakar Poudel
Head Corporate Affairs

Or

Ms. Rinky Singh
Sr. CA Officer
Ph: + 977 1 4782333 Ext: 387

Note to Editors:

Standard Chartered – leading the way in Asia, Africa and the Middle East

Standard Chartered PLC is a leading international bank, listed on the London and Hong Kong stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns around 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years.

With 1700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for its 80,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank’s heritage and values are expressed in its brand promise, ‘Here for good’.

For more information on Standard Chartered, please visit -
www.standardchartered.com