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MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1 2025 - DUE 13 March 2025

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January 30, 2025
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2024/2025
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MNG3701 Assignment 1
(COMPLETE ANSWERS)
Semester 1 2025 - DUE 13
March 2025
For assistance contact:

, MNG3701 Assignment 1 (COMPLETE
ANSWERS) Semester 1 2025 - DUE 13 March
2025
Questions Marks 1 Discuss five (5) Sustainable
Development Goals (SDGs) that Standard Bank is
trying to achieve. Motivate with examples from the
Standard Bank report. 10
Standard Bank has strategically aligned its operations to contribute significantly to
several United Nations Sustainable Development Goals (SDGs). Here are five
SDGs that the bank is actively pursuing, along with examples from their reports:

1. SDG 8: Decent Work and Economic Growth

Standard Bank is committed to fostering economic growth and creating job
opportunities across Africa. In 2023, the bank facilitated trade transactions worth
R953 billion for businesses and commercial clients. Additionally, through its
partnership with Founders Factory Africa, the bank enabled access to 150,000
work opportunities, supporting tech start-ups that address real-world problems.

standardbank.com

2. SDG 9: Industry, Innovation, and Infrastructure

Investing in infrastructure development is a key focus for Standard Bank. In 2023,
the bank mobilized R15.5 billion for new renewable energy power plants and
provided R1.7 billion for telecommunications infrastructure in the Democratic
Republic of Congo, as well as R235 million for road infrastructure in Malawi.
These investments aim to enhance essential services and promote economic
growth.

standardbank.com

3. SDG 13: Climate Action

Addressing climate change is integral to Standard Bank's sustainability strategy.
The bank financed Africa’s first nature conservation loan of USD80 million,
supporting biodiversity protection. It also provided over R600 million for climate-

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