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Henkel

Highly Commended: Best Use of Payables Finance 

Key Facts

  • European First: Converting an existing SCF platform into a sustainability-linked programme hasn’t been successfully completed before.
  • Supplier acceptance onto programme has almost reached 100 percent
  • Programme linked to ratings from ESG ratings agency Ecovadis

What the judges said

“It is great that Henkel and Deutsche Bank want to influence its Scope 3 emission by providing a discount on the rates via EcoVadis, which is very established and easy to leverage on.”

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