MNG3701
ASSIGNMENT 1 (SEMESTER 1)..
DUE DATE: 13 March 2025..
PREVIEW:
QUESTION 1: Sustainable Development Goals (SDGs) Standard Bank is Trying to Achieve
Standard Bank aligns its operations and business strategy with several Sustainable Development Goals
(SDGs). These goals reflect the bank's commitment to socio-economic development, sustainability, and
environmental responsibility. From their annual report, five prominent SDGs that Standard Bank strives
to achieve include:
1. SDG 1 – No Poverty
Standard Bank works to reduce poverty in Africa by ensuring that financial services are accessible to the
underserved and unbanked populations. Through initiatives like Financial Inclusion and Community
Banking, the bank is promoting economic empowerment. The bank’s micro-lending programs offer
affordable loans to individuals and small businesses, thus alleviating poverty and supporting community-
based economic activities.
2. SDG 4 – Quality Education
Standard Bank recognizes the importance of education in socio-economic development. Through their
education-focused initiatives, the bank supports programs that provide access to quality education and
skills development. Standard Bank also partners with local educational organizations to offer
scholarships, financial literacy programs, and mentorship opportunities, especially targeting youth and
vulnerable communities.
3. SDG 8 – Decent Work and Economic Growth
Disclaimer:
AThe materials
key provided
focus for are intended
Standard Bank is for
to educational and informational
foster economic growth and purposes
promote only.decent
They should
worknot be
through its
submittedfor
support as small
originalbusinesses,
work or usedentrepreneurs,
in violation of any academic
and institution's
job creation policies.The
initiatives. Thebank’s
buyer isSME
solelyfinancing
responsibleand
programs for entrepreneurial
how the materialsdevelopment
are used. projects contribute to job creation and skills development,
which play a vital role in Africa’s economic development. Additionally, the bank works with local
industries to create opportunities for inclusive growth.
ASSIGNMENT 1 (SEMESTER 1)..
DUE DATE: 13 March 2025..
PREVIEW:
QUESTION 1: Sustainable Development Goals (SDGs) Standard Bank is Trying to Achieve
Standard Bank aligns its operations and business strategy with several Sustainable Development Goals
(SDGs). These goals reflect the bank's commitment to socio-economic development, sustainability, and
environmental responsibility. From their annual report, five prominent SDGs that Standard Bank strives
to achieve include:
1. SDG 1 – No Poverty
Standard Bank works to reduce poverty in Africa by ensuring that financial services are accessible to the
underserved and unbanked populations. Through initiatives like Financial Inclusion and Community
Banking, the bank is promoting economic empowerment. The bank’s micro-lending programs offer
affordable loans to individuals and small businesses, thus alleviating poverty and supporting community-
based economic activities.
2. SDG 4 – Quality Education
Standard Bank recognizes the importance of education in socio-economic development. Through their
education-focused initiatives, the bank supports programs that provide access to quality education and
skills development. Standard Bank also partners with local educational organizations to offer
scholarships, financial literacy programs, and mentorship opportunities, especially targeting youth and
vulnerable communities.
3. SDG 8 – Decent Work and Economic Growth
Disclaimer:
AThe materials
key provided
focus for are intended
Standard Bank is for
to educational and informational
foster economic growth and purposes
promote only.decent
They should
worknot be
through its
submittedfor
support as small
originalbusinesses,
work or usedentrepreneurs,
in violation of any academic
and institution's
job creation policies.The
initiatives. Thebank’s
buyer isSME
solelyfinancing
responsibleand
programs for entrepreneurial
how the materialsdevelopment
are used. projects contribute to job creation and skills development,
which play a vital role in Africa’s economic development. Additionally, the bank works with local
industries to create opportunities for inclusive growth.
