Standard Bank, Africa’s largest lender, has come clean about its exposure to climate change, revealing that almost 12% of its loan book — about R180bn — is exposed to elevated climate-related risk.

SA lenders have come under pressure from environmental justice groups and shareholder activists to be more transparent about their lending to polluting businesses...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now