Crédit Agricole CIB has launched an artificial intelligence-driven trade finance platform designed to automate environmental, social, and governance (ESG) tracking across corporate supply chains in the Asia-Pacific region.
Named Smart Platform Assisted SustainablE (SPASE), the system processes raw transaction data to generate aggregated ESG dashboards for individual trade finance portfolios. The platform aims to address a long-standing industry bottleneck: the resource-intensive, manual processes traditionally required to evaluate individual supplier sustainability performance.
By embedding tracking directly at the transaction level, the platform allows corporate clients to monitor the ESG performance of their suppliers, products, and broader trade flows. This data is intended to help firms adjust their portfolios, manage operational costs, and identify sustainable business opportunities within their value chains.
The bank has completed a pilot phase of the platform in Asia-Pacific with the Hong Kong-based regional sourcing hub of an international industrial services company. Crédit Agricole CIB plans a progressive rollout of the platform across the region to meet growing corporate demand for supply chain transparency.
Parth Agrawal, Head of International Trade & Transaction Banking for Hong Kong, noted that while sustainable development remains a priority in the Asia-Pacific financial sector, execution often falters because of resource constraints. Antoine Rose, Head of Sustainable Investment Banking for APAC and the Middle East, added that the tool leverages green financing and technology to support regional sustainability goals.
