Lucidity – Sustainable International Trade, 2023

Lucidity, a leading global smart supply chain company, recognizes the positive impact of global trade on productivity and poverty reduction. However, they acknowledge the negative consequences of this growth, particularly in terms of its impact on the environment. The extensive use of energy and transportation in trade operations is straining the ecosystem, and climate change poses further challenges, hindering equitable economic development. Despite these challenges, Lucidity sees climate change as an opportunity to drive global trade towards sustainability. As part of their commitment to a more sustainable future, they have pledged to become a carbon-neutral business by 2040 and achieve net-zero carbon emissions across their operations by 2050. They are also investing in research and development to develop innovative technologies that can reduce their environmental impact. Lucidity's sustainability strategy, titled 'Our World, Our Future,' forms the foundation of their work. They aim to create economic, environmental, and social value for future generations, ensuring a just transition where emerging economies are not left behind. They emphasize the importance of building institutional capability and innovation to provide resilient and long-term solutions.