Search Results for: Climate change

The AML/CFT system and laws of Montenegro is also under scrutiny by FATF-style regional body Moneyval, which launched a fifth round of mutual evaluation process of this small Balkan country last March. The country, which only became independent in 2006, although with a long pre-WW1 history of autonomy and formal independence, has a population of just 620,000.…

The Brazilian textile sector has been increasing investment in digital printing, modernising its finishing to boost international competitiveness to offer near-sourcing services to American and European clients as western buyers review their China sourcing.

India-based business intelligence service Infinium Global Research, in a report sent to Digital Textile, said the Brazilian digital textile printing market was worth USD28.37 million in 2022, projected to rise to USD75.25 million by 2030.…

An ACCA co-hosted conference in Dubai has heard how today, Gulf Cooperation Council (GCC) bloc companies should not view meeting ESG (environmental, social, governance) standards as an optional add-on, which may help marketing, but as a prerequisite for commercial long-term survival.…

The European Union’s (EU) new Carbon Border Adjustment Mechanism (CBAM) regulation (1) will challenge importers of greenhouse gas emissions-intensive goods, who must pay and administer a complex environmental levy. KPMG the Netherlands’ senior tax manager Nicole de Jager and tax lawyer Merijn Betjes told Accounting & Business (A&B), affected companies will have to “create a core team to manage this topic and perform an impact assessment,” to determine strategies.…

An Australian sheep farmer is seeking to demonstrate how additional welfare concern for wool livestock can pay dividends in international clothing and accessory markets where consumers are increasingly concerned about sustainability issues.

This trend has been developing over time – the wool industry has in the past encountered condemnation from animal welfare organisations, such as Peta, whose hard-core campaigns continue and focus on Australia as a major producer country (1).…

The European Union (EU) knitwear sector is preparing to follow new detailed ‘best available techniques’ (BAT) on reducing industrial emissions as the EU considers revised legislation that might tell national regulators to take a hard line on their implementation. The European Commission has proposed a new EU industrial emissions directive that – as drafted – would tell industrial regulators to set limits on BAT-associated emissions levels “at the strictest achievable level for the specific installation” (1).…

Greece’s dairy market and industry has been struggling to deal with major inflation impacting the sector, with an annual year-on-year increase of 23.1% in March (2023) for dairy and eggs, with 25.2% in February, according to the Hellenic Statistical Authority (ELSTAT).…

An aging electricity transmission grid, hobbled by a complex planning and regulatory system, threatens the expansion of renewable energy in the US. To unlock the full emissions reduction potential of the Inflation Reduction Act (IRA), a Princeton University’s Zero-Carbon Energy Systems Research and Optimization Laboratory (ZERO Lab) report finds that “the pace of transmission expansion must more than double the rate over the last decade.”…

The International Accounting Standards Board (IASB) is considering adding sustainability reporting guidance to its own international financial reporting standards (IFRS). This task is being added to its work programme, following the approval of the first two standards developed by sister-board, the International Sustainability Standards Board (ISSB).…

LABEL-MAKING automation is increasingly important to the global packaging industry. Indeed, the Wisconsin, USA-based global identification and compliance solution specialists Brady Corporation calls automated labelling a “must-have” – saying that the question is not if a company will automate its labelling process, but when (1).…