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.
The latest issue of TFG’s Trade Finance Talks, ‘Time’s Ticking for Tech’, is out now!
Change can come at any point and can be catalysed by any manner of things. Trade has proven no exception to the rule.
HSBC has launched HSBC Trade Solutions (HTS) for customers in its two largest––the UK and Hong Kong. While making trade simpler, faster, and safer for customers through integrated digital journeys,… read more →
The International Chamber of Commerce (ICC) is launching a pilot program to test a framework for grading the sustainability profile of individual trade transactions. The program, which is expected to… read more →
The central theme at this year’s Sibos conference in Amsterdam, the blue-chip gathering of the world’s top executives in banking and finance organised by SWIFT, focuses on how to best embrace digital transformation while mitigating risk and elevating sustainability.
ESG may be front-of-mind, but how can the wider implications of sustainability help different areas of trade?
While the environmental, social, and governance (ESG) agenda is clearly front-of-mind at the moment and a crucial element of sustainability, the topic is more nuanced than it might first appear.
The aim of the strategy – to “make Europe the first carbon-neutral continent” – was always ambitious. The question now is whether the events over the last 30 months have put the targets out of reach.
If you mention the International Chamber of Commerce (ICC) to any practitioner––from a bank or a corporate––involved in trade finance most, if not all, would associate the organisation with issuance of rules.
