Explore by Topic
Explore by Type
C2FO Powers Early Payment Programs for the World’s Largest Companies.
Discover expert insights on working capital, cash flow optimisation, supply chain management and more.
We believe all businesses can and should have equitable access to low-cost, convenient capital to grow and thrive.
Many organizations today are moving forward with sustainability initiatives. But how are they integrating them into their business operations and what are the costs involved? How does sustainability jibe with a company’s financial goals?
In this 18-minute presentation from the November World Procurement Congress 2020, Colin Sharp, C2FO’s SVP for EMEA, and Adam Weisswasser, SVP of global supply chain for South African gold mining company AngloGold Ashanti, discuss the benefits to corporates of “Bringing Finance into the Sustainability Equation.”
Weisswasser said that one of AngloGold Ashanti’s key priorities has been working closely with small-, medium- and micro-sized suppliers on solutions that benefit everyone’s financial and sustainability goals.
“Our focus has been around how do we build capacity and skills transfer that allow them to lift their business over time,” he said. “One of our values has always been around the fact that we want to leave communities and societies better off for AngloGold Ashanti having been there.”
Providing quicker, less costly access to capital can be crucial in helping SMEs turn their focus to sustainability goals that benefit their communities and economies, C2FO’s Sharp said.
“If we can pump cheaper liquidity and get that to all those who need it, we’ve reduced their financing costs and in turn we’ve reduced yours,” he said. “If we can then use that to drive incentives and behaviours, and even working capital needs, to adopt sustainability and ESG tactics, then we achieve the balance of both of those goals.”
In this article:
Related Content
While net zero targets are now standard in the oil and gas industry, only leading companies are delivering on goals for Scope 3 emissions.
Building a business isn’t easy, but it can be especially challenging for minority entrepreneurs. Explore some success stories and programmes that can help.
Subscribe for updates to stay in the loop on working capital financing solutions.
7 min read
9 min read