#IWD2024: Standard Chartered; Empowering and investing in women

As the world progresses in this 21st century, the long-standingview that investing in women was just a token of social responsibility has declined and being replaced with a stronger realisation that, it is rather a strategic investment that supports a sound economic future for any country.

To further drive this narrative, Standard Chartered along with other partners have been at the fore of this changing conversation.

At Standard Chartered, the pride is the expansion of its financial scope to include fostering the potential of women and building a world where girls and women can thrive and play critical roles in their communities, countries and globally.

By providing holistic support to women at various stages, the Bank is not only helping women achieve their personal and professional aspirations but also contributing to the creation of a more equitable and prosperous world.

Investing in the Seeds of Change

At the heart of this commitment lies the Goal programme. This innovative initiative uses sports as a platform to equip adolescent girls with crucial life skills, knowledge, and confidence. Through interactive sessions, girls learn about health, communication, rights management, and personal finance, preparing them to become future leaders in their communities. The impact is undeniable: over 12,000 girls have already benefited from the programme since its launch in May 2017, building the foundation for a more informed and empowered generation.

Building Businesses, One Start-up at a Time

Standard Chartered through the Women-in-Tech incubator seeks to tackle inequality by promoting greater economic inclusion for the youth especially women. The Women in Technology (SCWIT) incubator programme serves as a powerful catalyst. It provides female-led businesses the tools and resources they need to flourish. Mentorship from experienced professionals, access to financial grants, and valuable networking opportunities create a fertile ground for innovation and growth. The programme has nurtured over 54 female-owned businesses since its launch in 2020, not only generating revenue but also creating vital employment opportunities.

LIFT by Standard Chartered

Recognising that financial barriers can often hinder entrepreneurial aspirations, Standard Chartered offers this unique initiative. It provides women entrepreneurs with tailored financial solutions, removing these barriers and paving the way for growth.

They are provided with access to free business training and workshops to equip them with the knowledge and skills needed to navigate the complexities of the business world. This holistic approach empowers women to take control of their financial future and achieve their business goals.

Bridging the Gap, Building a Brighter Future

The Youth to Work programme addresses the crucial need to bridge the gap between education and employment, particularly for young female graduates. Through this initiative, young women gain valuable real-world experience by participating in business development activities that support Ghanaian SMEs.

As Junior Associates, they receive mentorship from experienced enterprises on the field, enabling them to develop essential skills and build their confidence. This programme fosters collaboration and knowledge exchange, creating a more inclusive business landscape where young women can thrive.

Beyond the Numbers

Standard Chartered’s commitment to women extends beyond programmes and initiatives. The Bank actively promotes gender equality within its workplace, fostering a culture of inclusion and opportunity. Additionally, it encourages volunteering initiatives focused on women’s empowerment, demonstrating a genuine commitment to creating positive societal change.

These programmes emphasise Standard Chartered’s firm belief in the inherent potential and capabilities of women. The suite of initiatives is a testament to the bank’s unwavering commitment to providing women with the resources, support, and opportunities they need to thrive, succeed, and lead.

As we celebrate International Women’s Day, let us reaffirm our dedication to advancing gender equality and creating a more equitable and inclusive society for all.

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