Standard Bank acknowledges your communication received on the 11 March 2025 regarding the Mozambique Liquefied Natural Gas (LNG) project.

We have noted your concerns and can assure you that the bank has stringent governance and due diligence processes in place for all projects. Our practices align with global standards, ensuring comprehensive monitoring of societal and environmental impacts and risks throughout project lifecycles.

As a financial institution that operates in 20 African countries, we are committed to ensuring that our support for Africa's just energy transition continues to have a positive impact on people and economies across the continent. Standard Bank welcomes the opportunity to engage with your organisation and values your interest in this matter. Furthermore, we appreciate the opportunity to formally respond to your concerns.