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IFC partners with McCormick & Company, Citi Tuesday 3 August 2021 09:06 CET | News IFC has partnered with McCormick & Company and Citi to provide suppliers of McCormick’s herbs and spices with financial incentives linked to improvements in measures of social and environmental sustainability.  The programme has started with suppliers in Indonesia and Vietnam, and will soon be launched in other countries. Under the initiative, suppliers can qualify for discounted rates on short-term working capital financing when they meet sustainability standards accepted by McCormick. Those standards include performance on labor conditions, health & safety practices, crop management, environmental impact, farmer resilience, and women’s empowerment. The higher the supplier’s performance level in meeting these standards, the more they save.

Republic ofMccormick companySupplier financeகுடியரசு ஆஃப்ம்க்கார்‌மிக் நிறுவனம்சப்ளையர் நிதி