Supply chain innovation

duurzame keten

Another way in which ABN AMRO contributes to a better world is by supporting its clients’ sustainability initiatives. We do so by offering financial solutions for sustainable real estate projects, or helping start-ups with bright ideas for increasing their sustainable impact.

By making innovations possible – whether they relate to a client’s primary processes or to the entire product chain – ABN AMRO can do a great deal to leverage its own social impact. It’s a matter of taking a fresh look at how companies work together. Where necessary, we develop tailored financial solutions for businesses, such as buy-and-lease-back contracts.

Sustainable building

One such fresh approach to the supply chain is the theory of the circular economy, which rejects our current “take-make-waste” lifestyle, and introduces one in which there is no such thing as waste.

This is the theory underlying the design and construction of The Edge, Deloitte’s new office building in Amsterdam, which was officially opened in November 2014. In this project, Deloitte worked with project developer OVG to make its supply chain more sustainable. Deloitte made the decision to build a sustainable office, which OVG built using sustainable construction methods, such as recyclable materials. ABN AMRO provided project financing and as such contributed to the building’s development.

Besides new building projects like this, ABN AMRO is also involved in the reutilisation of existing buildings. A beautiful example is the conversion of eleven 17th century canal houses in the heart of Amsterdam into an office and hotel complex.

Sustainable production processes

In June 2014, ABN AMRO became a partner of UTZ Certified, an organisation that certifies sustainable producers of coffee, cocoa and tea. Producers who want to be certified must be able to demonstrate that their organisation takes a sustainable approach to issues like workers’ rights and the environment. ABN AMRO offers stock financing facilities to UTZ-certified producers.

In 2014 we also joined a similar organisation called Rainforest Alliance. About 80% of the world’s sustainable coffee, cocoa and tea comes from producers who have been certified by either UTZ or Rainforest Alliance. Our involvement means we have direct influence in this sector.