Standard Chartered is a leading international banking group. Many of the locations in which they operate are low income countries with high levels of gender inequality. The bank is therefore taking action to make positive social and economic contributions. Since 2006, they’ve supported girls, to take on leadership roles in their communities through the Goal program.
“We are asking ourselves:
‘How can we use the bank’s resources to help these girls reach their aspirations?’”
Natasha Kwakwa, Program Director, Goal Standard Chartered
In this Deep Dive, we delve deeper into the Goal program in order to understand its background story and key features. The insights are based on interviews with company representatives and publicly available resources. As part of our research on corporate children’s rights programs, we have also developed a guide for companies: “Corporate Children’s Rights Programs – Guidance and Best Practice”.
Standard Chartered: Empowering girls to be agents of change
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Respecting children’s rights is an inherent part of good business practice and risk management and should, therefore, have implications for a company’s financial results. Few investors would contest the sound logic of this statement. However, there is still little empirical evidence to directly connect a company’s profitability to how well it manages children’s rights. To help fill this knowledge gap, Global Child Forum, in cooperation with Boston Consulting Group, has conducted an analysis of the relationship between a company’s profitability and its score in the 2021 Children’s Rights Global Benchmark. The research looked at both EBITDA margin and Total Shareholder Return (TSR) for all 853 companies surveyed. Download the study to learn more about the results.
In the final days before lockdown was introduced in the United Kingdom, CRIN hosted a panel discussion on surveillance and facial recognition at the Tate Modern where we addressed some of the risks they pose for children’s rights. Since then, the Covid-19 pandemic has forced many people to move their lives almost exclusively online, as adults began working from home and schools resorted to online learning. Such big changes, however, raise basic questions.
To mark our 10-year anniversary, and to acknowledge the 30th anniversary of the UN Convention on the Rights of the Child, we asked young people and adult stakeholders what they see as the most critical issues for business to consider in the coming decade. To answer this question, we commissioned a global survey – scanning opinions from Stockholm to Sao Paolo – to listen and learn so that we can better guide companies along their journey to create a better world for children. So what are the top 10 children’s rights and business issues? Read on to find out!
The State of Children’s Rights and Business 2019, is a bold undertaking and showcases the results of nearly year-long review and analysis of just under 700 of the world’s leading companies, in nine sectors and along 20 children’s rights indicators. While the resulting data can be statistically complex, the underlying ambition was relatively straightforward. We wanted to learn more about how the corporate sector is doing with regard to integrating children’s rights into both their operations and their relationships with the communities in which they operate.
Select a region, industry or theme below to learn more about our work there.