Search Results for: Climate change

THE EUROPEAN Parliament’s January votes also laid down a negotiating position on proposals to revise the EU’s energy efficiency directive (2012/27/EU 2011/0172(COD)). MEPs want a binding EU-wide target for improving energy efficiency by 35% by 2030. Assessments to demonstrate compliance would be held under the PRIMES model, which simulates the EU energy consumption and the energy supply system – see https://ec.europa.eu/clima/policies/strategies/analysis/models_en…

IT was a key strength of the 2015 Paris agreement on climate change that it set out a clear macro target of limiting global warming, while giving flexibility to supporting governments on how to achieve this goal. And the same could be said of the EU’s current approach towards promoting green energy – with broad targets linked to a range of policy choices regarding implementation (although there is plenty of detailed guidance – this is the EU after all).…

FEARS have been raised that a predicted increase in the cosmetic industry’s use of bio-technology to help preserve the environment’s natural resources will itself lead to further ethical questions about the way beauty products are manufactured.

Market analysts Mintel has forecast a significant rise in artificially ‘grown’ cosmetic ingredients as consumers push for access to more natural products but at the same time support environmental campaigns to protect the planet.…

MERGERS and acquisitions are always motors of change in the beauty and personal care product sector, and 2017 saw some significant shifts in the key Italian industry. Important acquisitions designed to extend product portfolios and boost market share included the move by Lombardy-based global leader in colour make-up and skincare Intercos to acquire leading contract manufacturer of skin-, hair- and body-care, Cosmint.  …

PAKISTAN’S economy is growing and becoming increasingly formal, with banking rates on the rise, so groundbreaking micro-finance is a key part of this economic modernisation.

The Pakistan Microfinance Investment Company (PMIC) is part of this change – it not a standard micro-finance lender: it finances other micro-finance organisations.…

*The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (BEPS) is closer to being in effect, with Barbados, Côte d’Ivoire, Jamaica, Malaysia, Panama and Tunisia signing. Now 78 jurisdictions have signed the convention, with Algeria, Kazakhstan, Oman and Swaziland to sign soon.…

Cynthia Corby is living proof that the sky is the limit for female accounting professionals. An audit partner and construction industry leader at Deloitte Middle East, the South African national has broken every glass ceiling in the industry. Not only was she the youngest audit manager ever in Deloitte South Africa at the age of 23, but 10 years later, she became one of the first female partners at Deloitte Middle East.…

GOVERNMENTS are starting to develop anti-methane emission policies that could impact the meat and livestock industry as part of their response to the 2015 Paris agreement on climate change. World leaders who participated at November’s COP23 (conference of parties) climate summit in Bonn, Germany, were advised by a key investor group to reduce livestock methane if greenhouse gas emissions are to be tackled effectively.…

THE SECURITIES Commission Malaysia (SC) has issued Guidelines on Sustainable and Responsible Investment (SRI) Funds to boost the growth of green investments in the country. The advice follows Malaysia issuing in July the world’s first green sukuk (Islamic bond).

The new advice applies to conventional as well as Islamic sustainable finance, including unit trust funds, real estate trust funds, exchange-traded funds, and venture capital and private equity funds.…

WITH average annual mean wind speeds exceeding 10 metres-per-second (m/s), the islands off Scotland’s north and north-west coast offer a unique opportunity for developers to reap offshore-type wind yields on onshore sites. Combined, Orkney, Shetland and the Outer Hebrides (Western Isles) host nearly a gigawatt of fully consented, but as yet mainly unbuilt, wind farms, to be owned by the local community and generators including SSE and EDF.…