Search Results for: Climate change

Given today’s uncertain global economic environment, it is up to CFOs to manage expectations and push for their companies’ long-term growth through clear planning and a responsible corporate culture. Business leaders from across the globe discussed how to navigate these issues at the seventh ACCA Poland CFO European Summit, staged in Warsaw, on November 19.…

THE EUROPEAN automotive industry has declared that it is satisfied with the new greenhouse gas emissions policy agreed by the European Union (EU), which covers carbon controls up to the year 2030. Under the agreement set by heads of government within the European Council – the EU’s highest policy making body – industries such as auto-makers who are not included within the EU emissions trading system (ETS) must by 2030 reduce emissions by 30% compared to 2005 levels.…

The approval of the UK government funding scheme for the Hinkley Point C nuclear power plant has been welcomed by the industry and several associations. But some utility bodies have questioned the fairness of the level of public funding for the north Somerset plant.…

A controversy in Germany over potential carcinogens in tea is threatening the benefits offered by an incoming European Union (EU) geographical indication protection for Darjeeling Tea. 

The claims made by a German consumer magazine Warentest have damaged confidence in Indian tea and hit sales.…

THE EUROPEAN Union (EU) seems to have sparked a regulatory trend with its REACH chemical control system, with more and more countries in Asia adopting REACH-inspired chemical management laws. Thus textile finishing units, companies and suppliers will have to pay increasingly close attention to chemical regulations in Asia-Pacific countries such as China and South Korea.…

Oil and gas companies are facing increasing risks related to corruption. However, there are numerous ways in which a business in the sector can avoid being exposed to graft. And new laws are tackling such problems more effectively. Jonathan Dyson reports.…

THE UK oil and gas industry has been warned by a joint head of fraud at the UK’s Serious Fraud Office (SFO) that it may face an increase in prosecutions because of the UK Bribery Act, which came into force in 2011.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

The smuggling of auto parts and vehicles into Colombia is a billion dollar trade that has long shackled the sector’s potential for growth. This contraband trade now finds itself squeezed between market forces on one side and a government clampdown on the other, but industry opinion is divided over whether it will be enough to halt the smuggling wave.…

As a matter of urgency, the European Union (EU) should get involved in the common purchase of gas, Maroš Šefčovič, newly installed European Commission vice-president for energy has told an international meeting of experts in Brussels.

The meeting was called to discuss energy policy and competitiveness, topics claimed as one of the top ten priorities of the new Commission of president Jean-Claude Juncker, and policies that Šefčovič is charged with coordinating, with new energy and climate action Commissioner Miguel Arias Cañete.…