After COVID-19, the commodity trade finance industry experienced a period of great recovery. Trade finance covers a broad range of financing arrangements for the production, exporting and selling of commodities.
There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.
The International Chamber of Commerce (ICC) releases standards for sustainable trade, providing a framework that assesses the environmental sustainability of transactions.
Deep-tier supply chain finance can be a powerful tool in the ESG toolkit––but implementing this innovative financing approach will require overcoming some key barriers.
The world of trade is changing. Increasingly, the topic of environmental responsibility is taking centre stage, with discourse specifically circling around how the finance industry can implement sustainability measures more effectively.