Trade For Prosperity Reuters channel
We are underestimating how many companies want paperless international trade Santander UK’s recent Trade Barometer survey found that 35% of UK companies trading internationally say bureaucracy is a barrier to trading overseas. At the same time, 45% of all businesses said that they would use electronic bills of lading, a key data set in international […]
The Impact of AI and digital tools on Supply Chain Efficiency and transparency
John Simkins,Head of Sector & Country Specialists, Corporate and Commercial Banking, Santander UK plc At a recent Supply Chain Tech conference, it was brilliant to see how businesses across the logistics and wider supply chain industries are using AI and digital tools to drive efficiency and transparency across key elements of the supply chain. Until […]
Basecamp Research Biodiversity Collaborations Support Biodiversity Conservation
Authors: Topics: 1 ) The importance of biodiversity for humanity and the life science industry How reliant have humans been on mother nature over the past 200,000 years? Human reliance on mother nature’s biodiversity extends far beyond essential resources such as clean air, water, food and shelter. Biodiversity plays a critical role in essential ecosystem […]
Key enablers for a circular economy
International Chamber of Commerce As described by the United Nations (UN), humanity is facing a triple planetary crisis1, made up of three interlinking issues – climate change, pollution, and biodiversity loss. These issues are all driven by human activities and pose significant threats to the Earth’s ecosystems, as well as to the well-being and survival […]
The Nature Positive Business Pledge
‘On a journey to bring nature back’ NATURE IS AT THE CORE OF BUSINESS ‘There is no business on a dead planet’ – Business for Nature Call to Action Nature is being degraded faster than at any other time in human history. One million species are near extinction and the world’s tropical rainforests, coral reefs […]
Greening supply chains: Turning compliance into a strategic advantage
By George Riddell and Danny Vu As businesses seek to green their supply chains, through actions such as decarbonising production processes and reducing the use of plastics, they are having to navigate compliance obligations for new regulations across multiple jurisdictions. Businesses need to think about these developments differently and overcome existing organisational silos. We look […]
Watering down the UK’s green commitments sends all the wrong messages
The government is out of touch with business who see net zero and climate action as a top priority, writes International Chamber of Commerce secretary-general Chris Southworth There is no doubt that decarbonisation is now a major priority for UK businesses, and has been for some time. Forty-five million companies across the International Chamber of […]
ICC at COP28
Amidst the global climate action dialogue, ICC’s presence at COP28 in Dubai is not merely symbolic but instrumental. Team ICC is leading ICC’s engagement in the official programmes of UNFCCC, COP28 Presidency, and High-Level Climate Champions. As the official focal point for business and industry, ICC organised daily briefings and unveiled groundbreaking reports, emphasizing its […]
Key Takeaways
The message was loud and clear at the International Trade for Prosperity Week in November. It is only through effective collaboration that we can tackle the challenge of reducing scope 3 emissions and successfully meet our sustainable development goals. Businesses were urged to “Act now” rather than wait to perfect their approach. An in-depth conversation […]
Too big for us to fail: the need for common and comparable audit standards for ESG reporting
Dr. Rebecca Harding, Independent trade economist Sustainability and trade – the problem Trade and supply chain finance is uniquely placed to make trade more sustainable. Trade finance and insurance constitutes around 80% of the value of world trade and banks finance around 40% of global trade according to McKinsey.[i] In 2022 World Trade was estimated […]
Now is the time to mobilise for a net-zero future at COP28
John W.H. Denton AO, Secretary General of the International Chamber of Commerce Let’s get back on track to limit temperature increases to 1.5C: business can be a force for good. As COP28 UAE begins, the world is at a crucial juncture. The urgency to combat climate change has never been greater and world business leaders can generate […]
5 THINGS TO KNOW ABOUT THE NEW EU REGULATION ON DEFORESTATION-FREE PRODUCTS
On 29 June 2023, the new EU Regulation on deforestation-free products (the “EU Deforestation Regulation”) entered into force, replacing (with an extended scope) the existing EU Timber Regulation which had been in force since 2013 to counter the trade of illegally harvested timber and timber products. The EU Deforestation Regulation will apply in all 27 […]