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What kind of sustainable activities will my savings support?
What kind of sustainable activities will my savings support?
Updated over 3 months ago

Every pound you save through Shoal becomes a powerful force that helps support sustainable development around the world. By saving through Shoal, you’ll help to support projects such as the construction of hospitals, extending electrified rail networks, creating energy efficient buildings and the rolling out of renewable energy projects including offshore wind farms and solar power plants.

As part of our commitment to transparency, we have developed an impact calculator to help show you the difference you’re making with your savings. The Impact Calculator is based on Standard Chartered’s audited Sustainable Finance Impact report (which you can read here) and shows the average CO2 avoided and clean water generated per dollar of financing.

We’re proud to say that with just £100 you’ll not only earn a competitive rate on your savings, you’ll also help to support the avoidance of around 21 kg of CO2 and provide access to around 90 litres of clean water.

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