ITC Business Council – Giuseppe Funaro

Giuseppe Funaro – Member of the Business Council for Artificial Intelligence

 

Giuseppe Funaro is the Founder of 1402 Celsius Ltd, a leading entity in the global commodity trading industry. With over 30 years of experience in international business, operations, and strategic leadership, Giuseppe has established 1402 Celsius Ltd as a key player in the procurement and trading of high-quality commodities, including cereals, vegetable oils, animal feed, and biofuels. The company’s mission is to connect global markets through reliable trading solutions while adhering to international standards.

 

Under Giuseppe’s leadership, 1402 Celsius Ltd has expanded its EU trading operations with a particular focus on Ukrainian agriculture. The company has built a robust global supply chain and developed strategic partnerships, achieving significant market presence despite geopolitical challenges. Giuseppe is particularly proud of the company’s milestone of over 10 million Euros in trading volumes and its recognition by prestigious organizations, including its membership with the International Trade Council (ITC).

 

The commodity trading industry has evolved rapidly since the inception of 1402 Celsius Ltd, becoming increasingly globalized and technology-driven. Advances in digitalization, automation, and blockchain technology have reshaped supply chains, while regulatory compliance and sustainability have become critical priorities. Giuseppe anticipates further digital transformation and resilience improvements in the industry over the next 5-10 years.

 

Among the technologies Giuseppe finds most exciting are blockchain for transparent trading, AI for predictive analytics, and sustainable solutions in procurement and logistics. He advises newcomers to the industry to remain adaptable, build a strong network, and stay informed about market trends. Emphasizing resilience and strategic agility, Giuseppe and his team at 1402 Celsius Ltd navigate challenges by leveraging data, maintaining strong partnerships, and diversifying markets.

 

In addition to his professional accomplishments, Giuseppe draws inspiration from global business leaders such as Richard Branson and Warren Buffet, who exemplify strategic vision and resilience. Outside of his professional life, Giuseppe enjoys walking and playing the piano, activities that provide him with relaxation and creativity. As a member of the International Trade Council’s Artificial Intelligence Business Council, Giuseppe continues to influence the future of global commodity trading and technological innovation.