THE STATE OF SUSTAINABLE MARKETS 2023 - STATISTICS AND EMERGING TRENDS

The concept of a ‘sustainability standard’ has evolved from a mere buzzword into a crucial pillar of global trade. Sustainability standards are important in international trade due to their role in promoting ethical business conduct, preparing businesses for upcoming mandatory regulations, fostering harmonization in global trade and driving innovation. As the world continues to prioritize sustainability, these standards serve as a potential framework upon which a more environmentally conscious and socially responsible global economy can be built.