Standard Chartered provides over US$ 900 million in direct lending and through underwriting bonds for the Indonesian utility giant and coal power plant developer PLN Persero. In 2015, PLN was responsible for about 6,000 premature deaths due to air pollution. This number could almost double if PLN realised their plans to develop 28 new coal power plants.
Find out more n Banktrack's "UK's dirty coal secret Report" page 10: