Tag: sustainable supply chain finance scheme

Asda has launched a new sustainability-linked supply chain finance scheme with Lloyds, as the retailer aims to use financial incentives to drive sustainability progress and performance within its supply chain. Asda will provide access to preferential rates for numerous suppliers on a tiered basis, dependent on sustainability performance against a range of KPIs. Suppliers performing strongly against their sustainability KPIs and sharing their sustainability data will be rewarded with the most preferential terms. Asda have appointed Ecovadis, the global sustainability ratings platform provider, to help them assess and improve their…

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