MNG3701 Assignment 1
(COMPLETE ANSWERS) Semester
1 2025 - DUE 13 March 2025
, MNG3701 Assignment 1
(COMPLETE ANSWERS) Semester
1 2025 - DUE 13 March 2025
1 Discuss five (5) Sustainable Development Goals
(SDGs) that Standard Bank is trying to achieve.
Motivate with examples from the Standard Bank
report.
Standard Bank is actively working towards several United Nations Sustainable Development
Goals (SDGs) to promote sustainable and inclusive growth across Africa. Here are five key
SDGs that the bank is focusing on, along with examples from their reports:
1. SDG 8: Decent Work and Economic Growth
Standard Bank is committed to fostering economic growth and job creation by supporting
enterprises and entrepreneurs. In 2023, the bank facilitated trade transactions worth R953
billion for businesses and commercial clients. Additionally, they disbursed R168 million to
211 agricultural cooperatives in Uganda and provided financial literacy training to 1,624 of
their members, enhancing productivity and employment in the agricultural sector.
standardbank.com
2. SDG 9: Industry, Innovation, and Infrastructure
The bank invests in infrastructure development to drive economic growth and improve access
to essential services. In 2023, Standard Bank mobilized R15.5 billion for new renewable
energy power plants, R1.7 billion for telecommunications infrastructure in the Democratic
Republic of Congo, and R235 million for road infrastructure in Malawi, thereby enhancing
connectivity and industrial growth.
standardbank.com
3. SDG 7: Affordable and Clean Energy
Standard Bank supports Africa's transition to sustainable energy sources. In 2023, they
financed Africa’s first nature conservation loan of USD80 million, supporting biodiversity
protection. They also provided over R600 million for climate-smart agriculture solutions and
disbursed R147 million to homeowners and R843 million to businesses for solar installations
in South Africa, promoting access to clean energy.
standardbank.com
4. SDG 1: No Poverty
(COMPLETE ANSWERS) Semester
1 2025 - DUE 13 March 2025
, MNG3701 Assignment 1
(COMPLETE ANSWERS) Semester
1 2025 - DUE 13 March 2025
1 Discuss five (5) Sustainable Development Goals
(SDGs) that Standard Bank is trying to achieve.
Motivate with examples from the Standard Bank
report.
Standard Bank is actively working towards several United Nations Sustainable Development
Goals (SDGs) to promote sustainable and inclusive growth across Africa. Here are five key
SDGs that the bank is focusing on, along with examples from their reports:
1. SDG 8: Decent Work and Economic Growth
Standard Bank is committed to fostering economic growth and job creation by supporting
enterprises and entrepreneurs. In 2023, the bank facilitated trade transactions worth R953
billion for businesses and commercial clients. Additionally, they disbursed R168 million to
211 agricultural cooperatives in Uganda and provided financial literacy training to 1,624 of
their members, enhancing productivity and employment in the agricultural sector.
standardbank.com
2. SDG 9: Industry, Innovation, and Infrastructure
The bank invests in infrastructure development to drive economic growth and improve access
to essential services. In 2023, Standard Bank mobilized R15.5 billion for new renewable
energy power plants, R1.7 billion for telecommunications infrastructure in the Democratic
Republic of Congo, and R235 million for road infrastructure in Malawi, thereby enhancing
connectivity and industrial growth.
standardbank.com
3. SDG 7: Affordable and Clean Energy
Standard Bank supports Africa's transition to sustainable energy sources. In 2023, they
financed Africa’s first nature conservation loan of USD80 million, supporting biodiversity
protection. They also provided over R600 million for climate-smart agriculture solutions and
disbursed R147 million to homeowners and R843 million to businesses for solar installations
in South Africa, promoting access to clean energy.
standardbank.com
4. SDG 1: No Poverty
