sustainability

28 November 2022 
Your Monday morning coffee briefing from TFG

Your Monday coffee briefing from TFG – PODCAST | Float or sink: BIMCO discusses eBL adoption, standards, interoperability

Your Monday coffee briefing from TFG – Commerzbank on standardisation: the key to sustainable trade finance

Trade Finance Global (TFG) spoke to president and CEO of BAFT at Sibos 2022 about the role that banking organisations can play in developing environment, social, governance (ESG) and sustainability best practices within global trade.

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. 

Your Monday coffee briefing from TFG – VIDEO | Citi on navigating volatility and incorporating ESG finance principles into trade finance

Citi has been working collaboratively with its institutional clients to incorporate more sustainability-based principles into their everyday operations; a movement taking place as the world increasingly moves towards a more sustainable, low-carbon economy.

The ITFA Middle East Regional Committee hosted its fourth Trade Finance Forum (TFF) in collaboration with the DIFC Academy on 29 September 2022.

Environmental, social and governance (ESG) has been a hot topic for private and public credit insurers.

The responsibility for sustainability falls on everyone, everywhere. It should unite us. We all need to work together, but how do we achieve such a big collective goal?
Following the Sibos session on ‘Accelerate Sustainability in Trade’, speaker Achraf Abourida, head of trade at ING Bank, discussed trade’s role in sustainability and its global importance in an exclusive interview with Trade Finance Global (TFG).

Global shipping is one of the most challenging sectors to decarbonise. The International Maritime Organization (IMO) has set out an ambitious goal to reduce the industry’s greenhouse gas emissions by 50% from 2008 levels by 2050, a target that will require the swift development of zero or low-emission fuels, new ship designs using cleaner technology, and climate-proof operations such as carbon efficiency optimisation initiatives.

For sustainable trade finance to scale, the industry needs a uniform model for ESG data that can be used by everybody, says Pradeep Nair, Global Head of Structured Solutions and Development of Standard Chartered Bank

Trade Finance Global’s (TFG) Annie Kovacevic sat down with Finastra’s Anastasia Mcalpine (AM) and Contour’s Josh Kroeker (JK) to find out the importance to have fintech companies collaborating more frequently.