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ICC welcomes progress on e-commerce at the WTO

14 December 2021 ICC has welcomed a statement made today by the Trade Ministers of Australia, Japan and Singapore announcing significant progress in the ongoing e-commerce negotiations within the World Trade Organization. The statement notes that ‘good convergence’ has been achieved on eight issues — specifically: online consumer protection; electronic signatures and authentication; unsolicited commercial electronic messages; open government data; electronic contracts; transparency; paperless trading; and open internet access. The Ministers have set out the objective to secure convergence on the majority of issues left

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ICC opens consultation on draft global standards for Sustainable Trade and Trade Finance

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

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Guest blog: Gender diversity in arbitral tribunals – The challenges ahead

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

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ICC BASIS calls on global leaders at IGF 2021: Keep the Internet whole!

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

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SME360X – The new tool to measure your ESG performance

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

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Boosting export finance for climate action

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

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