Second cohort of global banks endorse the ICC Principles for Sustainable Trade Finance [Yahoo! Finance]
ING Group, N.V. (ING)
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Source: Yahoo! Finance
banks has endorsed the ICC Principles for Green Trade Finance (PGTF). Building on the inaugural endorsements by Standard Chartered, Santander, ING Bank and Commerzbank in June 2025, this fresh wave of endorsements is expected to bring total market coverage to approximately 70% of Europe's trade finance sector. The International Chamber of Commerce (ICC) Endorsing entities: BNP Paribas, Intesa Sanpaolo, Natixis, Rabobank, Societe Generale, Standard Bank ,United Overseas Bank. Developed by ICC and BCG in collaboration with over 100 banks, corporates, multilaterals and civil society experts, the Principles for Green Trade Finance (PGTF) establish clear and consistent guidelines for assessing the environmental sustainability of trade finance use-of-proceeds. The framework is closely aligned with the Loan Market Association's Green Loan Principles, ensuring comparability with wider green finance markets. Standardised assessments give stakeholders across the trade ecosystem consistent
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