Search Results for: Climate change

A fraud case now underway at San Jose, California, has seen prosecutors allege senior business executives were duped by a young wunderkind in medical technology – Elizabeth Holmes. But lessons can be learned here – straightforward due diligence may have saved victims a lot of money – Keith Nuthall reports.…

The International Federation of Accountants (IFAC) has published a blueprint for how upcoming international sustainability reporting standards can be implemented within national and regional jurisdictions. IFAC foresees a different approach for a first block of rules – on investor-focused sustainability information – than for policy-focused sustainability reporting (a second projected block).…

Last July (2020), Infracapital, the infrastructure team at UK-based investment managers M&G plc, invested EUR 110 million (USD130 million) in EnergyNest, a small Norwegian company that has developed a novel thermal battery technology. Its ThermalBattery (a trademark) batteries, consisting of a concrete-like storage material made from abundant, recyclable and non-hazardous geomaterials, store excess industrial heat until needed, enabling the transfer of industrial waste heat into electricity and renewable power in industrial heat processes.…

THE EUROPEAN Commission has tightened rules on whether packs of paints and coatings integrating titanium dioxide (TiO2) can carry European Union (EU) eco labels. The EU executive has ruled that from October 1, (2021) manufacturers can no longer use the whitener in EU Ecolabel paint and varnish products, when TiO2 concentrations exceed 0.010% by weight.…

The Swiss Federal Council’s (Switzerland’s cabinet) May 26 unilateral decision to end seven years of negotiations on a new agreement to govern future relations between Switzerland and the European Union (EU), citing sovereignty concerns (1), closes the door on attempts to ensure the country has a formal link with EU AML/CFT legislation.…

AS COVID-19 batters the world into its second year of the most destructive global pandemic since the Spanish Flu of 1919, its impact on AML/CFT is becoming clearer. FATF released an updated assessment in December (2020) (1) highlighting an increase in certain predicate offences caused by the disease itself and the increased online activity it has generated: phishing scams, business compromise fraud; internet child sex exploitation; corruption and fraud related to medical supply contracts; and property thefts of vacant homes and offices.…

More than two decades have passed since the first 3D body scanners were developed for the apparel industry, but technologists and designers continue to find new ways to hone the systems in response to rising demand among brands and manufacturers for direct-to-consumer sales.…

The Spanish paint industry has been suffering from a major raw material supply shortage as it seeks to build back from a tough year in 2020, when sales were depressed by the Covid-19 pandemic. The national industry association, the ASEFAPI (Asociacion Española de Fabricantes de Pinturas y Tintas de Imprimir) has been releasing monthly bulletins on the raw material supply problem.…

EUROPEAN energy experts say the European Union (EU)’s green energy targets within a new climate law to cut carbon emissions at least 55% by 2030 compared to 1990 levels will be challenging but achievable. It is a significant steepening of ambition compared to the EU’s existing legislation, reducing emissions by at least 32.5% by 2030 from 1990 levels.…

INTRODUCTION

TEXTILES and clothing manufacture and sales are all about leveraging resources, from creative talent to quality materials and sophisticated technology. So, enterprise resource planning programmes (ERP) have been attractive for the past 20 years or more and have become an increasingly important tool of manufacturers and brands.…