Sustainability Deposit with Standard Chartered Bank

Recently, as part of SDTR’s “Sustainable Environment Goals” we have contributed financially to Asia’s First Sustainable Deposit managed by Standard Chartered Bank, Singapore (SCB) and developed in collaboration with Sustainalytics, the leading provider of ESG and corporate governance research. This is part of SDTR’s journey to be a socially responsible shipping company and to support global initiatives for a more sustainable ecological environment.

This fund will be used for qualified green; and sustainable themes and activities with outcomes aligned to the United Nation’s Sustainable Development Goals (SDGs) in developing countries in Asia, Africa and Middle East. This fund is used to finance projects that have would impact the following areas to help the UN’s Net Zero Coalition 2050 target:

1)Renewable Energy & Energy Efficiency

2)Pollution Prevention & Control

3)Water Management

4)Sustainable Infrastructure

5)Climate Change Adaptation

6)Green Financing Instruments

7)Sustainable Agriculture,

8)Forests & Land Conservation

9)Circular Economy

10)Blue Economy

SDTR strongly supports such activities to help address these areas of global challenges. A purposeful investment, to address long-term environmental challenges dedicated towards financing sustainable assets. This forms part of our sustainability investments to save “Gaia”, as a globally responsible organization. This is a small price to pay compared to a higher price if we don’t!