Standard Chartered has entered into an agreement with Envision Group to extend a syndicated bank guarantee of over USD 300 million to support the latter’s sales and supply of wind power equipment in overseas markets. This is the world’s first sustainable trade finance deal, structured with a second-party opinion, that aligns with the ICC (International Chamber of Commerce) Principles for Sustainable Trade and Trade Finance. Standard Chartered acted as the mandated lead arranger, the structuring Bank, agent Bank and sole green facility coordinator.

ICC launched the Principles for Sustainable Trade and Trade Finance in October 2024, providing a framework for assessing sustainability. These Principles help mitigate risks of greenwashing by offering clear, transparent and consistent guidelines along with standardised definitions enabling banks, corporates and investors to effectively channel capital towards sustainable and inclusive trade finance.

In February 2025, Standard Chartered became the first international bank to have adopted ICC’s Sustainable Trade Finance Principles. Through the successful arrangement of this sustainable trade syndication, Standard Chartered has promoted ICC Principles among participating banks in different markets.

The syndicated bank guarantee has received a second-party opinion from Lianhe Equator, certifying its compliance with multiple standards such as ICC’s Principles for Sustainable Trade Finance as well as LMA’s Green Loan Principles.