The Business Response to HIV/AIDS: Impact and lesson learned

Key lesson: Information collation for effective planning Key lesson: Information collation for effective planning " Business description:" Standard Chartered Bank, founded in 1853, is an international commercial bank focused on emerging markets in Asia, the sub-continent, the Middle East, Africa and in Latin America. The Bank's core business is in Consumer Banking, Corporate and Institutional Banking and Treasury, working in 570 offices in over 50 countries. " Number of employees: 26,000 0 Contact: Naomi Junghae Standard Chartered Bank 1 Oldham Manbury London EC2V 7SV +44 20 7280 7140 +44 20 7280 7208 [email protected] 0 Tel: * Fax: " Email: 1. Motivation for action The origin of Standard Chartered Bank's response to HIV/AIDS stemmed largely from Country Managing Directors, particularly in Africa, who experienced increased pressures within their operations over policy decisions regarding employees living with HIV/AIDS. This was a result of the lack of clearly defined Group level, regional or local human resource policies to guide managers on recruitment, training and employee support. This was coupled with the fact that HIV/AIDS had started to impact on the Bank's bottom line through the loss of personnel, absenteeism, medical and welfare costs. Moreover, Standard Chartered Bank realised that the impact of HIV/AIDS on its various stakeholders was likely to be significant in the future. 2. Business response to HIV/AIDS In 1999, Standard Chartered Bank undertook a major assessment of its branches in 45 different countries to identify existing policies, practices and the prevalence of HIV/AIDS. This initial assessment was extremely important in enabling clear and informed decisions to be made and an understanding of the priorities for action. The strategy is based on a three step process: educate, monitor, and manage. The first element of the response was the development of a clearly defined non-discriminatory HIV/AIDS policy linked to the Bank's policy on the protection and enhancement of human rights in the workplace and equal opportunity regardless of colour, race, gender and ethnicity. The policy incorporates procedures and practices in managing individuals living with HIV/AIDS, including treating them in the same way as those with other progressive or dehabilitating illnesses. Importantly, while the policy and procedures are set at the Group level for all its global operations, they are flexible enough to enable branches to take account of local practices, procedure, culture and legislation. In addition to the policy, Standard Chartered Bank initiated a HIV/AIDS Awareness Campaign in March 2000. The objectives of the campaign are: to create awareness of the magnitude and impact of HIV/AIDS, educate staff in order to minimise and control the impact, and to change risky behaviours. The initial research identified the need for focussing on Africa in the first phase of activities, where the impact of HIV/AIDS had been highest. The mechanisms through which this information is delivered include presentations by trained peer-educators ('champions') from the Bank, the distribution to staff of handbooks covering facts on HIV/AIDS, and posters and flyers on the 'shop-floor'. The development of the HIV/AIDS awareness packs was undertaken in collaboration with other companies (e.g. Levi Strauss and Glaxo Wellcome) and NGOs, who provided advice and materials. The Bank has subsequently made their packs available to international and regional companies operating in Africa, including O CD THE BUSINESS RESPONSE TO HIV/AIDS: Impact and lessons learned 55

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Title
The Business Response to HIV/AIDS: Impact and lesson learned
Author
Joint United Nations Programme on HIV/AIDS | Global Business Council on HIV & AIDS | Prince of Wales Business Leaders Forum
Canvas
Page 55
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Joint United Nations Programme on HIV/AIDS (UNAIDS) | Global Business Council | The Prince of Wales Business Leaders Forum
2000
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reports
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reports

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"The Business Response to HIV/AIDS: Impact and lesson learned." In the digital collection Jon Cohen AIDS Research Collection. https://name.umdl.umich.edu/5571095.0160.068. University of Michigan Library Digital Collections. Accessed May 10, 2025.
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