Sustainability News

Standard Chartered takes sustainable supply chain finance to the Middle East

Standard Chartered has launched what it says is the first sustainable supply chain finance programme in the Middle East, in partnership with Majid Al …

Sustainability / 16-12-22 / by Eleanor Wragg

TradeSun ramps up ESG focus with acquisition of Coriolis Technologies

Trade finance technology firm TradeSun has bought trade data and analytics provider Coriolis Technologies for an undisclosed sum, as it seeks to expand its …

Sustainability / 12-12-22 / by Eleanor Wragg

Greater investment needed to slash shipping’s carbon footprint, UNCTAD claims

The maritime transport sector needs more investment in infrastructure and technology to prepare it for the transition to low-carbon energy, a report from the …

Sustainability / 30-11-22 / by Jenny Messenger

Lula pledges to stop deforestation, seeks financing from developed nations

Brazil’s President-elect Luiz Inácio Lula da Silva promised at the Cop27 climate summit to reverse the harm done to the Amazon rainforest by his …

Sustainability / 23-11-22 / by Jenny Messenger

UKEF provides £26mn guarantee to finance zero-carbon bus exports

UK Export Finance (UKEF) is providing a £26mn guarantee to Wrightbus, a Northern Ireland-based transport manufacturer, to boost exports of the company’s hydrogen-powered, zero-carbon …

Sustainability / 10-11-22 / by George Hayes

UK Export Finance to allow debt deferment for natural disasters, climate shocks

UK Export Finance (UKEF) has become the first export credit agency in the world to allow debt repayments to be deferred in the event …

Sustainability / 09-11-22 / by Eleanor Wragg

Textile sector gets end-to-end sustainable trade definitions as ICC launches framework pilot

The International Chamber of Commerce (ICC) has launched the first iteration of its industry framework to assess the sustainability performance of trade transactions, selecting …

Sustainability / 09-11-22 / by Eleanor Wragg

Mandatory rules needed to cut deforestation financing, says GFANZ chief Carney

Former central bank governor Mark Carney has acknowledged that voluntary standards produced by the Glasgow Financial Alliance for Net Zero (GFANZ) are not doing enough …

Sustainability / 09-11-22 / by John Basquill

Surecomp pivots to ESG data aggregation amid calls for greater sustainability in trade

Toronto-based tech firm Surecomp is expanding its focus from providing trade finance systems to banks and corporates, to using its network to consolidate and …

Sustainability / 19-10-22 / by Eleanor Wragg

Insurers move away from coal, oil and gas but loopholes remain, says new report

Support for fossil fuels among insurers is dwindling, while almost two-thirds of reinsurers have coal exit policies, according to a report published by a …

Sustainability / 19-10-22 / by Jenny Messenger