Currently, international trade relies on billions of paper documents and antiquated laws which date back to the sixteenth century. An ordinary trade transaction involves up to 27 documents, can take three months and can cost businesses up to £80,000 – creating an administrative nightmare and keeping costs unsustainably high for SMEs.
According to new research from International Chamber of Commerce (ICC), digitalising trade would drive SME growth and put a rocket under the economic recovery from Covid.
Private sector action to reverse the loss of biodiversity is “absolutely fundamental” to the UK’s post-pandemic economic recovery, a new cross-business forum will warn today.
bp plc, Barratt Developments plc, Skanska, and Balfour Beatty are among the founding companies of the UK Business & Biodiversity Forum (UKBBF), which has been set up ahead of the United Nations’ COP26 climate change conference in Glasgow this November and the UN COP15 Biodiversity conference in Kunming, China in May.
SENIOR DIPLOMAT AND TOP CAMERON ADVISER AMONG APPOINTMENTS TO INTERNATIONAL CHAMBER OF COMMERCE (ICC) BOARD
SWIFT’s KYC Registry will become the first global utility to integrate the International Chamber of Commerce’s (ICC) Sustainable Trade Finance Guidelines, making it easier for financial institutions to identify environmental, social and governance (ESG) risks in their supply chains.
By integrating the ICC’s Sustainable Trade Finance Guidelines into the KYC Registry, which has more than 6,000 users...
THE SUSTAINABLE DEVELOPMENT GOALS ARE A SOLUTION TO BUILDING BACK BETTER
Over the last twelve months, Covid-19 has demonstrated just how inter-dependent our world is today. An issue in one part of the system can quickly escalate and disrupt the whole system if the right resilience mechanisms aren’t in place. Healthcare systems, economies, communities, families, trade relations, education, transport and consumer life have all been put under immense strain in the last year, to an extent which would have been unthinkable before the Covid-19 crisis.
After five years in the role, Sir Michael Rake is standing down as Chairman of the International Chamber of Commerce (ICC) UK at the end of this year. ICC welcomes Paul Drechsler CBE, former Chairman of Bibby Line Group and former President of the Confederation of British Industry (CBI), as his successor
ICC Calls on Political, Institutional and Business Leaders to Shape the Future of UK International Engagement at its Upcoming Event, Going Global
ICC invites business leaders and government officials to join the discussion around the future of UK international engagement and the role of the private sector in shaping the global trading environment, in particular with the emerging markets, at its upcoming event – Going Global – which will take place at the Guildhall on 21st October 2019.
ICC is awarded the 2019 Compliance and Ethics Award by the Society of Corporate Compliance and Ethics (SCCE)
The awards, which have been running for the past 15 years, identify those that have made a significant contribution in the growing field of compliance and ethics. This year, the International Chamber of Commerce (ICC) receives the award in recognition of its work in promoting free and competitive markets globally, and its engagement with antitrust agencies and businesses around the world to integrate ethics and compliance considerations within business operations.
The International Chamber of Commerce (ICC) has released Incoterms® 2020, the globally recognised trade terms for the sale of goods, providing certainty and clarity to business and traders everywhere.