Levi Strauss & Co. also partnered with HSBC on a sustainable supply chain finance program. During the first 10 months of its program, launched in February 2021, 16 of the 21 suppliers participating in the program earned lower interest rates by meeting sustainability performance metrics outlined in the company’s Supplier Code of Conduct. As a result of the program, suppliers received payments 71 days earlier, on average, than their customary payment schedule.

Map SCF information and cash flow illustrating the mentioned process.