The topic of ESG is certainly one of the most dominant ones in business, politics, society and other areas. Our next step is to fully integrate ESG into a trade finance context, and to deliver relevant, practical and neutral content to you. We have identified a number of crucial areas to focus on now. We should not forget how dynamic developments are in this space, so we will of course adjust and adapt our plan as required as we go along:

Education: what best practices do we know, what initiatives are happening in trade, and how can collaboration, tech developments and policy updates support a just and equal transition;
Standardisation: with countless standards, taxonomies and ESG rating methodologies available, we must tackle the mammoth task to develop a widely recognized framework;
Advocacy: of initiatives in this space, as well as advocacy towards regulators on behalf of our members to drive inclusion of ESG considerations in capital models.
Across all these focus areas we want to of course be in close dialogue with you, our members as the relevant industry professionals, as well as collaborate closely with other industry bodies to team up and pool valuable resources and know-how.

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