ICC News

10 November 2021 ICC has published a major report setting out proposals to tackle the longstanding challenge of defining and setting common standards for sustainable trade and associated financing. The paper – developed in partnership with the Boston Consulting Group through a global consultation exercise involving over 200 banks and corporates – outlines the first-ever standardised framework and assessment methodology to qualify the sustainability profile of trade transactions. Unlike other asset classes, such as bonds, no standards currently exist to allow financial institutions to grade the sustainability performance of trade finance transactions – the global market for which is currently valued

9 December 2021 Diversity is a complex and intersectional issue, and while incremental progress has been made, much remains to be done. With next week’s ICC Miami Conference on International Arbitration just around the corner, Christian Albanesi, Mateo Noseda Zorrilla de San Martín, Charlene Warner and Somin Lee of Linklaters take the opportunity to reflect upon the progress achieved so far and the challenges still to come. The Equal Representation in Arbitration Pledge (ERA Pledge) was launched in May 2016. Since its introduction, the ERA Pledge has garnered over 4,000 signatories from law firms, institutions, organisations, and individuals in over 113 countries committed

31 October 2021 ICC is set to represent the experiences and perspectives of its global network for the 16th year running, at the 2021 Internet Governance Forum, taking place online and in Katowice, Poland, on 6-10 December. As the premier United Nations forum for the discussion of issues related to governance of the Internet, the IGF remains the most important international forum for the private sector to engage with other stakeholders for frank discussions on how best to govern and utilise the Internet to enable economic and social benefits for all. In a world increasingly reliant on digital technologies, the Internet

Why Measure Impact on Nature? Every small and medium-sized enterprise (SME) has an impact – both positive and negative – on nature and the environment. Measuring that impact enables SMEs to: Gain a competitive advantage Manage business risk Grow their business brand Enhance access to capital and affordable insurance Improve efficiency and reduce costs This is where SME360X can help. What is SME360X? SME360X is a SaaS (Software as a Service) platform co-created by ICC and GIST that measures the impacts of business operations on the environment. There are many external risks that threaten the survival of businesses everywhere. A company’s factory

22 September 2021 ICC white paper identifies roadmap to boost the sustainability profile of US$700 billion export finance market. ICC has today released a white paper on the state of sustainability in the export finance industry at a major event during United Nations General Assembly week. Published with the support of the Rockefeller Foundation and following extensive consultation with the global export finance community, the white paper is the first authoritative review of the state of sustainability across the export finance industry. Developed with the support of the Rockefeller Foundation and 16 leading banks, the white paper explores how the US$700

15 September 2021 ICC Albania General Assembly elects Bilgen Aldan, CEO of ALBtelecom as Chairwoman  Bilgen Aldan, CEO of ALBtelecom Albania becomes Chairwoman of ICC Albania ?Bilgen Aldan was officially elected yesterday as the new Chair of ICC Albania during the General Assembly meeting. Ms. Aldan marks a milestone for ICC Albania by becoming the first woman to Chair the organization. Ms. Aldan will begin her three-year term as Chairwoman on the 1st of October taking over this position from current Chair, Mr. Ilir Daci, Managing Partner at Optima Legal and Financial. Upon official election, Ms. Aldan shared first thoughts on her appointment as

14 October 2021 The ICC International Maritime Bureau (IMB) has reported the lowest number of reported piracy and armed robbery incidents for the first nine months of any year since 1994. IMB’s latest global piracy report recorded 97 incidents of piracy and armed robbery for the first nine months of 2021 – the lowest level of reported incidents since 1994. In 2021, IMB’s Piracy Reporting Centre (PRC) reported 85 vessels boarded, nine attempted attacks, two vessels fired upon and one vessel hijacked. Reported incidents are down to their lowest level in decades, but violence against seafarers has continued with 51 crew

7 September 2021 ICC has announced plans to convene a major virtual conference on the margins of COP26. The ICC Make Climate Action Everyone’s Business Forum – which will be held from 1-13 November 2021 – will bring together a diverse network of over 10,000 participants from the public and private sectors to align their climate ambitions and actions for the next decade. Accenture and Deutsche Bank join ICC in this endeavour as supporting partners. Featuring partner-hosted sessions from leading businesses, industry associations and non-governmental organsations, including the International Trade Centre and UNICEF, the forum will also help to catalyse coherent policy dialogue on critical climate, energy and environment related issues. Discussion themes include enabling sustainable

2 September 2021 ICC and its World Chambers Federation (WCF) have announced finalists of the 2021 World Chambers Competition. The 16 shortlisted chambers will present their pioneering initiatives during the 12th World Chambers Congress, which is set to take place in Dubai from 23-25 November. The World Chambers Competition is the only global awards programme to identify and reward the most innovative, entrepreneurial solutions of chambers to today’s most pressing global challenges. The concours seeks to celebrate the achievements of these chambers while bringing their stories to a wider audience. In spotlighting the diversity and enterprise championed by the competing chambers, the Competition

20 August 2021 ICC has today announced the formation of a new Industry Advisory Board (IAB) to support the growing mandate of the ICC Digital Standards Initiative (DSI). Gerard Hartsink has been appointed Chair of the Board. As part of our drive to promote inclusion and create opportunity for all parties involved in the international supply chain, the International Chamber of Commerce (ICC) launched the Digital Standards Initiative (DSI) in 2020 in partnership with the Asian Development Bank and the Government of Singapore to establish a globally harmonised, digitalised trade environment. The new Industry Advisory Board will work under the auspices