ESG comes to the fore amid Covid-19 crisis

With the Covid-19 crisis disrupting business processes around the globe, companies are looking to rebuild their revenues and secure continuity. For some companies, embracing more stringent environmental, social, and governance (ESG) policies might be the only way to continue with their cross-border investments in the current circumstances. However, enterprises overlooking ESG factors may well enjoy the benefits of lower operating costs, but in a period of financial uncertainty could find such...

https://www.ship-technology.com/fdi/esg-comes-to-the-fore-amid-covid-19-crisis/

European on-demand trucking platform Ontruck secures €17 million

European on-demand trucking platform Ontruck secures €17 million (Photo: Pexels)

European on-demand trucking platform Ontruck has raised an investment of €17 million, in a round led by OGCI Climate Investments (OGCICI), and saw participation from existing investors Cathay Innovation, Atomico, Idinvest Partners and Total Carbon Neutrality Ventures, with Endeavor Catalyst joining as a new investor.

Iñigo Juantegui, the CEO and co-founder of Ontruck, explained that Ontruck’s association with OGCI was a reaffirmation of the commitment both firms have to make road transportation...

https://www.freightwaves.com/news/european-on-demand-trucking-platform-ontruck-secures-e17-million

Free zones: The breeding ground for economic recuperation?

Free zones are facing an uncertain period as Covid-19 hinders their activity across the globe.

With many of them heavily reliant on manufacturing and export-led activity – and therefore unable to participate in the great migration towards working from home that is being seen in other sectors – the zones are facing having to remodel and put into place emergency measures in order to come out of the Covid-19 crisis intact.

A survey conducted at the beginning of April by the Kiel Institute for the...

https://www.ship-technology.com/features/free-zones-the-breeding-ground-for-economic-recuperation/

FDI in a pandemic: How low will the inflows go?

As Covid-19 continues to ravage global economies, there is no doubt foreign direct investment (FDI) will be impacted negatively. The only question is the degree of the decline.

On 9 March, the UN Conference on Trade and Development (Unctad) estimated that global FDI flows would shrink by between 5% and 15% during 2020 and 2021. In just under a month, that estimate had been changed to an alarming 30% to 40%.

“The outbreak and spread of Covid-19 will cause a dramatic drop in global FDI flows,” says...

https://www.ship-technology.com/features/fdi-in-a-pandemic-how-low-will-the-inflows-go/