Slaughter and May supported Standard Chartered Plc (“Standard Chartered”) in respect of its transition plan, published on 21 February 2025.
The transition plan sets out in detail how Standard Chartered will continue to integrate climate considerations into decision-making across its business and operations, to deliver against its net zero agenda, while supporting sustainable growth. The transition plan has been developed considering guidelines provided by the Transition Plan Taskforce (TPT) and Glasgow Financial Alliance for Net Zero (GFANZ) frameworks.
Marisa Drew, Chief Sustainability Officer at Standard Chartered, said: “This Transition Plan represents an important milestone as we continue to deliver against our Net Zero Roadmap, which we published in 2021, and remains unchanged. It speaks to the collaborative efforts of teams across the bank and will serve as a fundamental catalyst for delivery, translating our commitments into a framework for operationalising and executing on our net zero agenda.”
Slaughter and May worked closely with Standard Chartered’s legal and sustainability teams.