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The International Federation of Accountants (IFAC) has published a blueprint for how upcoming international sustainability reporting standards can be implemented within national and regional jurisdictions. IFAC foresees a different approach for a first block of rules – on investor-focused sustainability information – than for policy-focused sustainability reporting (a second projected block).…

THE TRANSPORT of edible oils and fats by sea is not just big business – it has become increasingly regulated under international convention and controlled by industry standards, with a view to improving efficiencies and reducing the risk of pollution and contamination.…

THE RULING council of the International Cocoa Organisation (ICCO) is preparing to agree major reforms to the International Cocoa Agreement, which should see the agreement increase its commitment to boost sustainability in the chocolate sector.

Council members are considering final changes committing the ICCO to ensuring that cocoa production, processing and manufacture is socially, economically and environmentally sustainable.…

Last July (2020), Infracapital, the infrastructure team at UK-based investment managers M&G plc, invested EUR 110 million (USD130 million) in EnergyNest, a small Norwegian company that has developed a novel thermal battery technology. Its ThermalBattery (a trademark) batteries, consisting of a concrete-like storage material made from abundant, recyclable and non-hazardous geomaterials, store excess industrial heat until needed, enabling the transfer of industrial waste heat into electricity and renewable power in industrial heat processes.…

THE EUROPEAN Commission has tightened rules on whether packs of paints and coatings integrating titanium dioxide (TiO2) can carry European Union (EU) eco labels. The EU executive has ruled that from October 1, (2021) manufacturers can no longer use the whitener in EU Ecolabel paint and varnish products, when TiO2 concentrations exceed 0.010% by weight.…

INTRODUCTION

In a global textile and clothing market that is increasingly integrating design with functionality, the potential of luminescent yarns is becoming ever more apparent. The focus of groundbreaking research and development, there is widening diversity in this segment from luminescent coatings on yarns to those that integrate LEDs (light-emitting diodes).…

More than two decades have passed since the first 3D body scanners were developed for the apparel industry, but technologists and designers continue to find new ways to hone the systems in response to rising demand among brands and manufacturers for direct-to-consumer sales.…

EUROPEAN energy experts say the European Union (EU)’s green energy targets within a new climate law to cut carbon emissions at least 55% by 2030 compared to 1990 levels will be challenging but achievable. It is a significant steepening of ambition compared to the EU’s existing legislation, reducing emissions by at least 32.5% by 2030 from 1990 levels.…

Brazilian textile company Dalila Têxtil, based in the southern city of Jaraguá do Sul, in Santa Catarina state, became a global name after creating fabrics capable of destroying the protective outer layer of the Covid-19 virus. The company’s anti-viral finishing uses silver particles to attract the virus, causing it to bind to sulphur groups on the surface around the virus, creating a reaction that stops the virus from binding to the host cell and blocks its replication.…

The International Accounting Standards Board (IASB) has proposed a new standard allowing eligible subsidiaries to reduce their disclosures and still comply with IFRS. The new rules could apply to subsidiaries not themselves listed on a stock exchange and which are not financial institutions.…