1Associate Professor, IIMT University, Meerut, Uttar Pradesh, India
2Assistant Professor, IIMT University, Meerut, Uttar Pradesh, India
3Assistant Professor, IIMT University, Meerut, Uttar Pradesh, India
The main dependency for responsible international trading behavior stems from the financial sector’s role in promoting responsible financial behavior. In this case, the study demonstrates that responsible financing models, such as ESG integration, sustainability-linked financing, and due diligence, play a crucial role by adopting a transformational approach to influence global trading behavior. With an increasing global population, the main focus of financial models worldwide on promoting sustainable development goals is to eradicate climate change and unethical behavior.
This further emphasizes the notion that a firm is more likely to adhere to ethical trade norms when financial groups push for sustainability. This further emphasizes that ethical finance is a natural force for sustainable global trade rather than merely an economic tactic.
Global Value Chains, Ethical Supply Chains, Trade Governance, Sustainable Finance, International Trade and ESG Financing