Position papers

Advancing
Green Economy and
Digital Trade
Frameworks
Global trade is at a crossroads, facing economic downturns exacerbated by climate change and regulatory pressures for sustainability. Companies are increasingly required to comply with Environmental, Social, and Governance (ESG) reporting regulations, which impact their ability to trade internationally. The growing regulatory landscape, such as the EU’s Carbon Border Adjustment Mechanism (CBAM), mandates that businesses measure, report, and minimize their carbon footprint. This necessitates automation and digitalisation to efficiently collect, audit, and share ESG data across global supply chains. This vision drives our global initiative, creating a future where trade digitalisation and ESG integration seamlessly align.
It is also important to set up the tools to achieve environmental objectives in a way that supports the business environment rather than being a barrier.