Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle East, Africa and Asia, and Standard Chartered Bank announced today the launch of the region’s first Sustainable Supply Chain Finance programme.
The innovative solution, designed by Standard Chartered Bank, enables Majid Al Futtaim Retail to incentivise their supplier partners to improve their sustainability performance and indicators, and address key Environmental, Social and Governance (ESG) risks within the supply chain.