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Search Results for: Climate change

10 results out of 3866 results found for 'Climate change'.

Chinese Yuan. Photos Credit: Mussi Katz

CHINA CRACKING DOWN ON WEAK AUDITING OF ACCOUNTING CRIME

Major companies in China are under tightening scrutiny for accounting fraud, with major audit firms facing punishing penalties for turning blind eyes. Keith Nuthall, Jens Kastner and Sara Lewis report. 

The Chinese auditing unit of accounting giant PwC has been fined a record Chinese Yuan Renminbi CNY441 million (USD62.7 million) and banned from auditing in mainland China for six months after a regulator concluded it had “covered up and even condoned” fraud.

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Photo Credit: EU-Austritt_(47521165961) - https://www.flickr.com/photos/foto_db/47521165961/

CHEMICAL REGULATION DILEMMA FOR NEW UK GOVERNMENT

The election of a new Labour government in the UK comes at a critical time for chemical regulation in Great Britain (GB) – and hence textile-finishing materials. Public consultation is currently underway on potential changes to how GB (not Northern Ireland) regulates its chemical industry and market.  

When the UK left the European Union (EU) on 1 January 2021, it also left the EU’s comprehensive REACH chemical control system, which was formally replaced by a UK REACH system. This mirrored EU REACH, grandfathering existing registrations and restrictions to the national system, although GB companies lost access to EU databases run by the European Chemicals Agency (ECHA).…

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ASIAN PAINT REGULATORY ROUND UP – CHINA CRITICISES EUROPEAN TITANIUM DIOXIDE ANTI-DUMPING DUTY

The China National Coatings Industry Association has complained that a European Union (EU) anti-dumping investigation into Chinese exports of titanium dioxide have sparked anti-dumping tariff rates far higher than expected. The provisional anti-dumping rates announced by the European Commission in July were 39.7% for the Longbai Group, 14.4% for Anhui Jinxing Titanium Dioxide Group, 35% for other responding companies, and 39.7% for other non-responding companies.

The China Coatings Industry Association warned that if this tax rate is implemented, it will seriously affect the exports of Chinese titanium dioxide companies and the future development of the industry. 
 
*The Indonesian Paint Manufacturers Association (APCI – Asosiasi Produsen Cat di Indonesia) has worked with the government to launch a high school programme, promoting and explaining paint technology.  
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LAVA JATO PUSHES MONEY LAUNDERERS TO ADOPT MORE SOPHISTICATED WAYS TO HIDE DIRTY CASH IN BRAZIL 

A senior lawyer in Brazil who has defended criminals accused of money laundering has said how the Lava Jato cases, which highlighted massive public corruption, have pushed launderers towards using crypto-currency to hide dirty money.

But even though the Lava Jato task force was officially disbanded in 2021, Pierpaolo Bottini, partner at São Paulo-based Bottini & Tamasauskas Advogados, and a former director of the Economic Criminal Law of the Brazilian Institute of Criminal Sciences, said this abuse of crypto has been highlighted in cases he is defending. …

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ISSB PUSHES FOR ITS STANDARDS TO BE SUSTAINABILITY REPORTING GLOBAL BASELINE

An International Sustainability Standards Board (ISSB) symposium in Montréal, Canada, has heard how accounting standards experts are striving to build a “global baseline” of regulation based on ISSB standards, despite the contrasting guidance being developed worldwide. 

Speaking at the event on Friday (Feb 17), Mark Carney, UN special envoy for climate action and finance, and former central bank governor for the UK and Canada, said of the baseline: “It’s critical. You need compatible information.”  

Mr Carney stressed ongoing discussions between the ISSB and major jurisdictions, such as the EU (European Union), the USA and Japan, about the need for regulatory harmony.

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OPINION PIECE – CANADIAN GOVERNOR GENERAL SHOULD SUE TWITTER AND HELP CLEAN UP SOCIAL MEDIA

The disturbing comments published by Twitter about Canada’s Governor General Mary Simon require the same response such defamation would spark against any newspaper should it have distributed such lies – she should sue.

Yes, Canada’s respected 75-year-old first ever indigenous Governor General should sue Elon Musk for defamation, as owner of Twitter, which published these untrue and poisonous comments.

Twitter and Musk made money from them – they attracted eyeballs, which boosted ad clicks, and boosted the social media site’s profile.…

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ASIAN PAINT REGULATORY ROUND UP - INDINESIA NEW CAPITAL PROJECT GATHERS STEAM WITH MAJOR PAINT AND COATINGS SALES POTENTIAL

As construction ramps up, paint and coatings companies are eyeing lucrative opportunities in Indonesia's new capital Nusantara, with several recent project launches promising a significant boost to the industry.   Outgoing President Joko Widodo recently inaugurated several key projects in Nusantara, including the emerging city's international airport, hospitals, schools and housing.


Several ongoing projects promise to further fuel the demand for coatings including a new presidential palace, the parliament building and smart city infrastructure. 
 
Nusantara’s focus on sustainability presents a unique opportunity for eco-friendly coatings, the government has stressed. It has mandated the use of green building materials, including paints with low volatile organic compounds and recycled content.  
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INNOVATORS EXPLORE POTENTIAL OF VERTICAL FARMS, IN BRITAIN AND OVERSEAS



As the world’s largest vertical farm is set to launch operations in Gloucestershire later this year, proponents have lauded the sustainability benefits of the model. They say it has the potential to reduce agriculture’s physical and carbon footprint, growing more crops with significantly reduced water usage, zero pesticides and delivering fresher produce than traditional field-based models.…

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CANADIAN GOVERNMENT PROPOSES REGULATIONS MANDATING ALL NEW CARS, SUVs AND PICKUPS ARE ZERO EMISSION BY 2035



The Canadian government has released anticipated proposed regulations insisting that all new private passenger autos sold in Canada by 2035 must be zero-emission vehicles (ZEVs). While welcoming the law in principle, Canadian automakers have warned that the federal government will need to spend more in helping consumers buy ZEVs and on investing in charging networks to ensure this mandate is practical and affordable.…

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TECHNICAL TEXTILES MANUFACTURING INDUSTRY STARTS TO EMERGE IN AFRICA



The manufacture of technical textiles is in its nascency across North Africa, even more so in sub-Saharan Africa, with the continent having long been considered a low-cost, cut-and-sew destination rather than a production hub for value-added items. But due to the trend by European and US brands for near-shoring and diversification away from east Asian production, and the ambitions of certain African countries to develop a full manufacturing chain, the potential for making technical textiles in Africa is gradually emerging.…

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