Why is the Sustainable Trade Index important?

The Sustainable Trade Index (STI) is an essential tool for assessing how trade fosters sustainable development. It evaluates 30 global trading economies using 72 economic, societal, and environmental indicators, providing insights into how trade activities align with sustainable goals. The STI helps policymakers and businesses identify the best practices and areas for improvement, promoting trade that benefits both people and the environment.

By considering indicators like carbon emissions, labor standards, and trade costs, the STI underscores the connections between trade and sustainability, encouraging nations to adopt responsible trade strategies. The index ranks countries based on their performance, offering a clear picture of their sustainability efforts and needed actions. For businesses, the STI serves as a framework to align operations with global sustainability standards, ensuring positive contributions to the environment and society. Additionally, the STI acts as a benchmarking tool, enabling countries to compare their progress with others.

What’s in the Sustainable Trade Index 2024?

The Sustainable Trade Index 2024 includes the following materials for download:

Report
Interactive excel index
Infographics