Judges were impressed with CaixaBank's work to address the "critical, but hard to track" issue of supply chains, after it developed a product they described as "scalable and measurable".

The Sustainable Supply Chain Finance (SSCF) product evaluates suppliers' sustainability performance based on its own analysis and methodology and using data from two external ESG data providers.

This allows the the product to be used to align financing strategies with sustainability goals by offering preferential terms and pricing to suppliers demonstrating superior ESG performance, while ensuring traceability across the supply chain

This is provided on a global-scale and across various supplier sizes, empowering SMEs, strengthening supplier-company relationships, generating engagement and promoting resilience and stakeholder trust