Today, 150 countries across the globe are celebrating World Food Day 2020 and the 75th anniversary of the Food and Agriculture Organisation (FAO) of the United Nations (UN). This year’s theme is Grow, Nourish, Sustain. Together. and centres around how the current global health crisis has made us reconsider how we take food for granted.
In recent years the world has made significant progress in agricultural productivity, yet our food systems are causing an imbalance in hunger, obesity, environmental damage, food waste, and a lack of security. As countries begin to develop and implement COVID-19 recovery plans, it is an opportunity to focus on and adopt innovative solutions to build improved food systems.
Each year World Food Day aims to raise awareness to help combat world hunger, malnutrition, and food insecurity. This year, it is calling for global solidarity to help all populations, especially the most vulnerable, to recover from the crisis, making food systems more resilient and robust.
At Pole Star, we understand that movement across our oceans is critical to the global economy and the transportation of goods, including food. As such, throughout the pandemic we have strived to maintain business continuity to ensure the stability and security of our global food infrastructure.
Beyond the pandemic, the smooth running of maritime trade remains essential for supply chain continuity and Pole Star’s solutions are a critical component in ensuring this. Through our sanctions screening and vessel tracking solution, PurpleTRAC, Pole Star is actively supporting the maritime industry and all of our commercial clients to enable the operation of global supply chains. PurpleTRAC enables users to manage reputational risk, ensuring that proper due diligence and risk management processes are in place. Subsequently, companies can keep at pace with regulators and maintain fully operational vessels.
Closing the digital gap
Going forwards, World Food Day recognises that digital technologies are key to transforming the way food is produced, processed, traded and consumed, as well as having the potential to close the huge digital gap between countries, cities, and people, and make the move towards a more sustainable future.
With it becoming increasingly important for organisations to integrate Environmental, Social, and Governance (ESG) policies into their operational and financial decision-making processes, our technology collaboration provides companies with the opportunity to access innovative trade finance programs that provide a direct link between financing terms and ESG performance. In simple terms, those involved in a trade transaction can now choose the most sustainable and environmentally-friendly option, and be rewarded with lower costs for doing so.
For more information about the partnership and Pole Star’s solutions, contact email@example.com.