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Monica Beek
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M.Beek@fmo.nl
Embedding sustainability factors into supply chain finance assigns value to sustainability programmes, provides incentives to suppliers and buyers, and is capable of opening up new markets to banks, as well as transforming supply chains, according to a report from international non-profit group Business for Social Responsibility. With the supply chain finance market currently growing by around 20% a year, the authors say, digitalisation is creating new openings for innovation, making it easier to collect data and highlighting sustainability opportunities. The report estimates that sustainable supply finance can ultimately reach one-third of all financeable highly secure payables worldwide, a market share currently worth $660 billion.
Sources: Business for Social Responsibility
Business for Social Responsibility