ICC launches call for businesses to pilot new sustainability framework for trade transactions in textiles sector
ICC Albania2022-11-28T23:49:30+02:006 October 2022 A month ahead of the start of this year’s United Nations climate summit (“COP27”), the International Chamber of Commerce has launched a call to banks, corporates and technology companies to participate in piloting a ground-breaking framework to grade the sustainability profile of individual trade transactions. Following an extensive global consultation exercise earlier this year on the initial recommendations set out in ICC’s white paper on “Standards for Sustainable Trade and Sustainable Trade Finance”, the organisation – in partnership with Boston Consulting Group – has worked to define an initial framework capable of being piloted today in high-volume transaction