India CSR News Network
MUMBAI: Using its position as a leading financial institution, Standard Chartered is committed to promoting positive social and economic development in the countries where it operates. With the belief and aim to improve and maintain a healthy community, Standard Charted presents India Sustainability Review 2016.
Every year the bank focuses into three key priorities- contributing to sustainable economic growth, being a responsible company and investing in communities. Standard Chartered’s India Sustainability Review 2016 is a reflection of the social endeavors of the bank towards the citizens of the country. The report comprises of an array of CSR programmes like Seeing is Believing, WASHE, Goal to name a few.
Seeing is Believing (SiB) is a global initiative of the bank. In India, Standard Chartered has impacted the lives of over 12 million people in 13 years by providing them quality and cost-effective eye care interventions through 92 vision centres completely managed by women across 11 states in the country. So far the bank has funded 1.15 million cataract operations and refracted over 2 million people. In addition to this the bank has treated close to 13,000 people for Vitamin ‘A’ deficiency and river blindness. Standard Chartered has also educated close to 8 million people on eye health and trained over 8500 community health workers.
Since its inception in 2003 Standard Chartered raised $86.3 million and supported 101 projects across 29 countries. The bank has also committed to raise $100 million by 2020 for the programme.
Apart from SiB, the bank is also committed towards the issue of water, sanitation and hygiene education through its WASHE- a community investment programme which targets the girl child in municipal schools and aims to provide them with easy access to safe water and improved toilet facilities as well as hygiene education. Under this programme Standard Chartered has added 10 new municipal schools in Delhi, directly impacting an additional 4,500 students, over 200 teachers and 12,000 community members. WASHE alone has positively impacted over 60,000 girls, and influenced over 250,000 family members from 2011 to 2015.
Goal is Standard Charterd’s global education programme for adolescent girls and young women that uses sports and life-skills training to equip girls with the confidence, knowledge and skills they need to be leaders in their communities. In 2015, the bank reached over 71,200 girls globally and over 10,000 girls in India. From 2006 to 2015, Standard Chartered helped to empower 217,000 girls globally and over 26,000 girls in India and 100,000 family members across Goal sites in Mumbai, Delhi and Chennai.