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StanChart PB to start screening third party ‘sustainable’ products

In a bid to mitigate the risk of greenwashing, Standard Chartered Private Bank has introduced an ESG framework called “ESG Select” to evaluate bonds, funds, structured products and DPM solutions that are positioned as sustainable products. “The main thing with greenwashing is that there aren’t any consistent standards in the industry,” Eugenia Koh told Asian Private Banker. While stressing the…

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