Sustainability and the commodity trading industry

▤ Summary

Now, we’ve already covered rising shipping costs and the related prices of commodities and raw materials as a factor in current inflation levels – in the same blog post we referred to in the introduction. The price of lithium, for example, has increased by more than 1000 percent since January 2020.” The previous quote has been taken from this blog post on capital.com, in turn referring to this speech given by Isabel Schnabel at a panel on “Monetary Policy and Climate Change” at The ECB and its Watchers XXII Conference last March. Climateflation: ‘as the number of natural disasters and severe weather events is rising, so is their impact on economic activity and prices.’ Fossilflation: ‘reflects the legacy cost of the dependency on fossil energy sources, which has not been reduced forcefully enough over the past decades.’ Another notable term we’ve come across this week is ‘slowbalization’. The SCF, led by the World Business Council for Sustainable Development (WBCSD), enables collaboration between those six companies to identify solutions to eliminate soy-driven deforestation and conversion of native vegetation in the Cerrado. The June 2022 report outlines the progress made toward this goal, including the first disclosure of deforestation- and conversion-free soy footprint, the Farmer First Clusters Initiative (establishment of a three-year strategy to preserve priority Cerrado landscapes) and a sectoral approach to the monitoring of indirect sourcing.

▦ Linked Companies

Agiboo

$1M to $5M