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The Importance of Building Institutional Capacity for a Sustainable Future

The Importance of Building Institutional Capacity for a Sustainable Future

Recent decades have shown that global trade is a powerful force for good.

It has boosted productivity and living standards, tripling the size of the global economy and lifting 1.3 billion people around the world out of poverty. It is an enormous privilege that our operations contribute to this impact by making trade flow around the world, helping towards the equitable distribution of economic opportunity.

However, it is increasingly clear that this growth is not without consequences. One of the largest challenges we face — for our industry and many others — is the impact on the world around us. The scale of energy required to make, move — our oceans carry more than 80% of the global trade volu

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Related Report

net zero carbon emissions

Sustainable International Trade for a Resilient Future

We invite you to explore our in-depth special report, which not only highlights the urgency of transitioning to sustainable international trade but also showcases the innovative solutions being implemented around the globe. With many countries committing to achieving net zero carbon emissions by 2050, there is a race against the clock to upgrade the world’s energy and trade infrastructure to achieve this. In this report, we highlight strategies used by trade stakeholders worldwide to foster a sustainable future, focusing on decarbonization, energy and food security, and environmental impact mitigation.

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