In a recent study, the bank found that 78% of multinationals are looking to transform their supply chains to align with sustainability targets and will remove suppliers that endanger their transition plans by 2025. Responding to this trend, Standard Chartered launched its sustainable supply chain financing scheme to help build climate-friendly supply chains to support the transition. Additionally, its sustainability-linked loan financing provides KPI-dependent incentives for companies to remove greenhouse gas emissions and score certain levels on sustainability indexes, completing multi-billion-dollar landmark transactions for leading Taiwan corporates.