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The International Sustainability Standards Board (ISSB) has started detailed work on helping smaller companies apply its draft standards on general disclosures and climate reporting. A board meeting in Frankfurt, Germany, “discussed how it could give more consideration to the range of capabilities and preparedness of entities around the world to apply the proposals…”, said its minutes.…

INTRODUCTION 

With the textile industry under pressure from consumers, regulators and standards to become more sustainable, companies are looking at all aspects of the supply chain – including upstream to fibre production. Digitalisation has a key role to play here, especially in supplier countries where the use of such technology is weak – such as in Africa.…

The Financial Action Task Force (FATF) issued a dedicated report, ‘Money Laundering and the Illegal Wildlife Trade’ in June 2020 (1) and has followed up with further analysis on a topic that is being researched in depth by a wide range of NGOs.…

Cambodia’s clothing sector may continue to face challenges over its weak backward linkages and pressure to increase wages – balancing reasonable pay with international competitiveness in price sensitive markets – but its apparel export receipts remain healthy. The country’s clothing export earnings were not seriously damaged by the Covid-19 pandemic, which had a relatively light impact on Cambodia.…

With corporate fraud rising fast, “hiring for character as well as competence is now the hottest trend” in recruitment practice, Bruce Weinstein, a high-profile USA-based business ethics speaker has told Fraud Intelligence. Securing honest senior managers and board members matters, said the self-styled ‘The Ethics Guy’, who has worked for All State Insurance, the National Football League, Northrop Grumman, the South Carolina National Guard, and more: “It is not only possible to do this; it is essential,” Mr Weinstein stressed.…

China’s textile industry has been under intense pressure during the first half of this year (2022) to deal with the country’s continuing struggle to contain Covid-19, imposing tough lockdowns, even as much of the rest of the world eases social distancing rules.…

Although China’s 13th Five-Year Development Outline for the Textile Industry (2016–2020) mandated sustainability improvements for China’s entire textile industry, the government’s efforts to improve the environmental performance of the country’s synthetic dye segment have gained visible momentum more recently, under the 2021-25 14th Five-Year plan.   …

Sri Lanka’s clothing export sector is facing economic and political chaos in its island country as its President Gotabaya Rajapaksa imposed a state of emergency on Friday (April 6) amidst spiralling protests and foreign currency reserves collapsing to below USD50 million.…

 Chinese consumers are displaying an increasingly keen interest in sustainable fashion, being aware from personal experience that pollution can have a disastrous impact not only on the overall environment but also on their health. A Chinese University of Hong Kong report in 2018, for instance, concluded air pollution caused an average 1.1 million premature deaths in China.…

INTRODUCTION

In the competitive and innovative world of smart textile manufacturing and sale, companies strive to maximise functionality and minimise costs. Their ingenuity is the basis of their competitiveness. But as with all industries, some costs are out of their control.…