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Standard Chartered Pakistan Supports 3rd Pakistan Climate Conference on Sustainability

OICCI

Karachi, January 30, 2025: Standard Chartered Pakistan proudly served as the Platinum Sponsor of the 3rd Pakistan Climate Conference, organised by the Overseas Investors Chamber of Commerce and Industry (OICCI). The high-profile event, which took place at the Movenpick Hotel in Karachi, brought together industry leaders, policymakers, climate experts, and sustainability advocates to discuss the urgent need for strategies to address climate change and create sustainable development pathways for businesses and communities.

The conference aimed to facilitate dialogue on innovative solutions for climate mitigation, decarbonisation, and climate resilience. It also focused on integrating green financing into business models to help organisations transition toward more sustainable practices. As a leading financial institution with a strong commitment to sustainable finance, Standard Chartered Pakistan’s sponsorship of the event demonstrates its dedication to supporting Pakistan’s climate agenda and promoting environmentally responsible economic growth.

Lina Osman’s Insights on Decarbonisation and Sustainable Finance

At the conference, Lina Osman, Head of Sustainable Finance for the Middle East, Pakistan, and Africa at Standard Chartered, took part in a crucial panel discussion on “Accelerating Decarbonisation: Strategies for Mitigation, Innovation, and Climate Resilience.” Osman shared her insights on several key topics that are critical for businesses to adopt in their journey toward sustainability:

  • Decarbonising supply chains: Osman discussed the importance of integrating sustainability into supply chain management to reduce carbon emissions and promote environmentally friendly practices across industries. She stressed the need for companies to work together across sectors to achieve collective goals in reducing their carbon footprints.
  • Setting measurable Key Performance Indicators (KPIs): Osman highlighted the importance of setting clear, measurable KPIs for clients as a way to track progress in reducing emissions and achieving climate-related goals. She noted that transparent and accountable metrics are essential for businesses to effectively measure and report their sustainability efforts.
  • Innovative financing solutions: During the discussion, Osman also highlighted innovative financial instruments, such as green bonds, sustainable loans, and impact investing, which are becoming increasingly important in financing the transition to a low-carbon economy. She explained how financial institutions can play a pivotal role in directing capital toward environmentally conscious projects.
  • The role of incentives in driving sustainable transitions: Osman also spoke on the role of government and industry incentives in encouraging businesses to make the shift to more sustainable operations. She suggested that a collaborative effort between the private sector, financial institutions, and policymakers is crucial to creating a favorable environment for sustainability to thrive.

Recognition for Green Financing Leadership

The conference concluded with the inaugural Climate Excellence Awards, which recognised individuals and organisations for their outstanding contributions to climate action. Standard Chartered Pakistan was proudly acknowledged for its leadership in green financing. The award highlighted the bank’s commitment to supporting climate-conscious investments and its proactive approach in promoting sustainable business practices.

Standard Chartered Pakistan’s role in the conference further reinforces its position as a pioneer in sustainable finance in Pakistan and the broader region. The bank continues to lead by example, offering innovative financial products and solutions designed to help clients transition to a greener, more sustainable future.

A Commitment to Sustainable Economic Growth

In line with its commitment to sustainable economic growth, Standard Chartered Pakistan continues to focus on supporting businesses and policymakers in the country as they work towards achieving Pakistan’s environmental goals. The bank’s sponsorship of the 3rd Pakistan Climate Conference is part of its broader corporate responsibility to foster long-term, impactful solutions to the global climate crisis while strengthening Pakistan’s position in the global sustainability conversation.

As businesses around the world face growing pressure to adopt climate-resilient practices, Standard Chartered Pakistan remains committed to driving positive change through sustainable finance initiatives, green lending programs, and support for the adoption of innovative technologies. The bank also continues to collaborate with key stakeholders to facilitate a transition to a low-carbon economy, ensuring that climate action remains a priority for businesses and communities in Pakistan.

Looking Ahead

Looking ahead, Standard Chartered Pakistan plans to continue its focus on sustainability and climate-conscious investments. The bank remains committed to being at the forefront of sustainable development in Pakistan, helping businesses and communities navigate the challenges of climate change while fostering economic growth. By leveraging its global expertise and local knowledge, Standard Chartered Pakistan aims to make a lasting impact on environmental sustainability in the region.

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