
The retailer’s Sustainable SCF program via HSBC helps suppliers access capital and reduce its Scope 3 emissions. The toughest nut to crack for many corporates committed to reducing their carbon footprint is so-called Scope 3 emissions generated by their suppliers. To address the challenge and encourage its suppliers to cut carbon, NeuGroup member Walmart established a Sustainable Supply Chain Finance (SCF) program with HSBC through which companies can access more favorable conditions than available in traditional SCF offerings. To qualify,…