Standard Chartered and ADM successfully execute $500m Sustainable Export Letter of Credit program
New York, Singapore – Standard Chartered and ADM (NYSE:ADM) today announced the successful execution of the Bank’s first Green Trade Export Letter of Credit (LC) programme in Singapore, London and New York. Issued under the “Sustainable Goods” pillar of the Bank’s Sustainable Trade Framework, the transaction helps advance ADM’s widening efforts to expand sustainable farming practices and source sustainably produced goods.
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