, MNG3701 Assignment 1 (COMPLETE ANSWERS) Semester 1
2025 - DUE 13 March 2025; 100% TRUSTED Complete,
trusted solutions and explanations.
Questions Marks 1 Discuss five (5) Sustainable Development Goals
(SDGs) that Standard Bank is trying to achieve. Motivate with
examples from the Standard Bank report. 10
Here are five SDGs that are commonly supported by large banks
like Standard Bank, along with possible examples or strategies that
could be found in their report:
1. SDG 1: No Poverty
Standard Bank may contribute to this goal through financial
inclusion initiatives, such as offering affordable banking
products to underserved communities, providing microloans to
small businesses, or supporting programs aimed at lifting
people out of poverty through access to financial services.
They might also engage in philanthropic efforts, such as
funding community development projects.
Example: Standard Bank could offer low-interest loans to
small entrepreneurs or invest in education programs designed
to improve financial literacy, helping to create economic
opportunities for marginalized groups.
2. SDG 4: Quality Education
Financial institutions often support education as part of their
corporate social responsibility (CSR) efforts. Standard Bank
could provide funding for scholarships, invest in educational
infrastructure, or support partnerships with educational
organizations to enhance access to quality education for young
people.
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