Advancing ESG in Supply Chain Finance: PrimeRevenue at EuroFinance 2024

At EuroFinance 2024, PrimeRevenue took a significant step in showcasing how the principles of environmental, social, and governance (ESG) can be fully integrated into supply chain finance (SCF). With the growing pressure on businesses to address sustainability within their supply chains, PrimeRevenue presented a data-driven approach to measuring, reducing, and transparently reporting on its ESG footprint throughout the event.

Measuring Environmental Impact: A Data-Driven Approach

In partnership with TRACE by Isla, PrimeRevenue was able to accurately quantify the carbon emissions generated during EuroFinance 2024. A critical element of our strategy was ensuring transparency and accountability, especially since all emissions were categorized under Scope 3. This reflects the broader challenge faced by SCF leaders, where the majority of emissions stem from the supply chain and fall outside the direct control of the company.

Key Environmental Milestones:

• 97% of materials used in our stand were either recycled or repurposed, reducing emissions linked to production.
• Total emissions were kept to just 4.9 tCO2e, significantly below industry norms.
• Logistics emissions were nearly halved through strategic consolidation with other exhibitors, minimizing unnecessary transportation.
• Local sourcing of all catering materials, which reduced food miles and supported regional economies.

Fostering Social Responsibility Through Sustainable Finance

PrimeRevenue views supply chain finance as an opportunity to not only improve working capital but also promote responsible and sustainable business practices. Our participation at EuroFinance mirrored our ongoing commitment to advancing ethical sourcing and fostering supplier diversity.

By ensuring that all timber used in our stand was reclaimed, we contributed to extending the lifecycle of materials and reducing emissions typically associated with virgin resources. Our travel policies further minimized environmental impact by consolidating trips where feasible, ensuring our commitment to sustainability was reflected throughout the event.

Governance & Transparency: A New Standard for SCF

As the supply chain finance sector evolves, the demand for transparency and accountability has never been higher. At EuroFinance, PrimeRevenue demonstrated its commitment to these principles by adhering to rigorous standards of governance and sustainability reporting. Through the use of TRACE by Isla, we ensured that every decision was based on verified data, empowering us to make informed, strategic improvements in our sustainability efforts.

Additionally, our collaboration with sustainable suppliers reinforced our commitment to responsible procurement and ethical business practices. Efforts to minimize food waste and eliminate single-use plastics were part of our ongoing alignment with global sustainability goals.

Sustainability as a Core Business Driver

The finance sector is increasingly recognizing ESG as more than just a regulatory requirement—it’s a competitive differentiator. EuroFinance 2024 highlighted just how deeply these principles are now embedded in corporate strategies. The statistics are telling:

• 86% of consumers expect businesses to take action on issues like climate change.
• 94% of employees agree that sustainability should be a core corporate KPI.
• 4.3 out of 5 employees believe that delivering a sustainable event is essential.

For PrimeRevenue, sustainability isn’t just a responsibility; it’s integral to how we do business. Our involvement in EuroFinance 2024 demonstrates that integrating ESG principles into supply chain finance is not only possible but essential for long-term growth.

As leaders in SCF, we recognize our potential to drive positive, global change. PrimeRevenue is proud to lead the charge in making ESG an actionable, measurable, and impactful part of our operations.