Global Banking Firm Hires Global Head of Sustainability Strategy and Net Zero

Standard Chartered, an international banking firm listed in the London and Hong Kong stock exchanges, has hired Credit Suisse veteran Dana Barsky as global head of sustainability strategy and net zero.

Here are four things to know about Barsky and her role at Standard Chartered.

1. Business Scope and Scale: The financial services firm, based in London, England, has 83,000 employees worldwide. The bank's network serves customers in over 120 markets. Standard Chartered is committed to reaching net zero carbon emissions in its own operations by 2025, and in its financing activity by 2050.

2. Dana Barsky's Role: Based in Singapore, Barsky reports to Marisa Drew, group chief sustainability officer (CSO). She's also a member of the CSO Management Team. According to the company, Barsky will drive such sustainability priorities as:

• Overseeing the Group’s delivery of its Net Zero commitments across scope 1, 2 and 3 emissions;
• accelerating sustainability integration across the Group’s global businesses;
• further developing sustainability-related relationships across the public and private sectors; and
• creating new sustainable partnerships that complement Standard Chartered’s strategic initiatives and enhance the Bank’s engagement with civil society.

Barsky previously was president of Growth for Good, a publicly listed special purpose acquisition company focused on inclusive, innovative and sustainable companies. Earlier, she was global head of sustainable finance at Credit Suisse.

3. Executive Perspectives: In a prepared comment about Barsky's role, Group CSO Marisa Drew said: “I am delighted to welcome Dana to Standard Chartered. She brings extensive sustainability, advisory and capital markets expertise and is uniquely well- positioned to help drive our sustainability strategy and the embedding of our net zero commitment within the bank. Dana’s appointment complements our strong bench of talent within the CSO Leadership Team and underscores sustainability as a core strategic pillar of Standard Chartered.”

New Chief Sustainability Officer: Why Technology Partners Should Care

By 2027, 25% of Global 2000 companies will have assigned a chief sustainability officer (CSO) responsible for meeting their organization’s ESG goals and making ESG-related IT purchasing decisions, according to IDC.

Technology partners need to extend their sales, marketing, engagement and support strategies to successfully fulfill those CSO needs, Sustainable Tech Partner believes.