Search Results for: Climate change

EUROPEAN textile businesses are gearing up to implement new European Union (EU) digital product passports (DPPs), that an EU official told Textile 4.0 will “require a re-thinking of how textile supply chains work”.  

Plans for these passports – which are expected to become mandatory for companies selling into the EU – were announced in the EU strategy for sustainable and circular textiles (1) and the eco-design for sustainable products regulation (ESPR) (2), released by the European Commission on March 30, 2022, as part of the EU’s circular economy reform package.…

Factory digitisation, including the emergence of Internet of Things (IoT) technology, has increased big data availability by “at least two orders of magnitude from what was available a couple of decades ago,” said UK-based AI-driven predictive maintenance software provider Senseye chief technology officer and co-founder Robert Russell.…

The European Union (EU) is edging towards a digital Euro, one of several jurisdictions worldwide developing a central bank digital currency (CBDC), but what anti-money laundering controls would need to be built into the system and how can this be balanced with data protection and privacy considerations?…

Given the constant expansion and tightening of sanctions against Russian individuals and organisations since Russia invaded Ukraine last February 24, it is no surprise that Russians have developed innovative ways to evade these sanctions. Sanction Scanner, a UK-based screening and transaction monitoring service provider highlighted how Russians have been utilising peer-to-peer exchanges of digital currencies to help conceal the beneficial owner of crypto.…

Worldwide, coatings companies specialising in manufacturing road pavement surface coatings are experiencing tailwinds, as the public and private sectors increasingly grow aware that these coatings present affordable solutions to major environmental problems.

A South Korean pavement surface coating developed by Incheon-based start-up Jchi Global (1), that reduces the scattering of fine dust in the atmosphere – which the World Health Organisation (WHO) says causes 7 million deaths-a-year worldwide from cardiovascular diseases, respiratory diseases (asthma, COPD), and more.…

 Alternative non-meat product sales may be growing in the USA, but more product innovation, including in ingredients, may be needed say experts, to persuade American consumers to continue embracing this segment rather than sticking to natural meat.

After robust sales growth was noted during the Covid-19 pandemic as US consumers experimented with new food products at home, concerns that this market expansion may be slowing appeared last year.…

While the Covid-19 pandemic has seen increased spending on anti-fraud departments and corresponding increases in salaries, anti-fraud professionals are keen to explore their career options, with 48% saying they expect to leave their current company within two years.

That figure, of probable concern to HR departments, was culled from an Association of Certified Fraud Examiners (ACFE) survey of 80,294 members worldwide in February 2022 and released in the ACFE’s 2022 compensation guide published in October (2022).…

International solar energy providers are finding business opportunities in Africa as national governments and their development agency partners try to foster growth while targeting the United Nations’ Sustainable Development Goal 7 (SDG), which encourages access to affordable, reliable, sustainable, and modern energy for all by 2030 (1).…

THE HUNGARIAN dairy industry and supporting government officials are looking ahead to incoming financial support from the European Union (EU) now that the European Commission has approved the country’s Common Agricultural Policy (CAP) strategic plan for 2023-2027. This has cleared the way for a ЕUR8.4 billion transfer in funding from Brussels, despite the friction between the EU and the Hungarian government, led by populist right-wing Prime Minister Viktor Orbán.…

The International Accounting Standards Board (IASB) has formally proposed amendments to IAS 12 Income Taxes to take account of ‘Pillar 2’ of the OECD’s BEPS tax model, suspending rules on accounting for deferred taxes, while its implications are assessed. The IASB has acted because the European Union (EU) in December agreed a directive to make Pillar 2 compulsory in the EU – telling multinationals (and large domestic companies) to pay 15% minimum tax rates in member states where they trade.…