Search Results for: Environmental health

Xolisile Khanyile, the director of South Africa’s Financial Intelligence Centre (FIC) has been appointed chair of the Egmont Group (EG) of Financial Intelligence Units (FIUs), taking over from July for a two -year term. She replaces the Netherlands’ Hennie Verbeek-Kusters, who had served as chair since 2020.…

Clothing and textile companies are facing a major change in how they report their performance in future, with international and national initiatives pushing them to generate and declare data on their social and environmental performance. Draft mandatory requirements are being consulted upon in the European Union (EU) and the United States, with optional reporting rules being developed by an International Sustainability Standards Board (ISSB).…

The Indian garment manufacturing industry is optimistic about the impact of a free trade agreement (FTA) between its country and the European Union (EU), which it thinks could be concluded next year (2023).

“It would be a game changer,” Gautam Nair, chairman of the export promotion committee of India’s Apparel Export Promotion Council told Just Style, highlighting how an anticipated “9.6 to 12 percent duty [reduction] makes a big difference in our competitive business.”…

GERMANY, a market known for meat consumption, is increasingly trying out plant-based alternatives and has developed one of the largest and fastest-growing meat substitute markets in Europe. As a result, German producers are largely focused on growing the domestic market, with limited exports to other European Union (EU) countries.…

Europe’s food and drink industry is facing tough general and industry-focused inflation rates not witnessed since the global financial crisis and its related recession in 2008-9. These past food inflation rates dipped sharply and quickly as governments took control of this crisis – government spending was mopped up by bad debts rather than additional purchases.…

The World Trade Organisation (WTO) has signalled that it may resume its importance in promoting free trade in food and drinks by securing a global agreement that limits fishing subsidies. At its 12th Ministerial Conference in Geneva, Switzerland, in June, the WTO banned subsidies for illegal, unreported, and unregulated (IUU) fishing by its member jurisdictions – covering most countries in the world.…

The shortage of skilled workers in the US renewable energy industry is a straightforward economics problem, according to green power industry consultant Bob Parkins: “Too much demand and too little supply.” The ‘Inflation Reduction Act’, the scaled down version of the ‘Build Back Better Act’ that failed to secure enough support, will still boost renewable energy in the USA.…

Russia’s invasion of Ukraine has created major challenges for the dairy industry in its neighbour Moldova, but should this eastern European country survive the war intact, its dairy producers may have a sustainable future. The shock caused by the invasion has pushed Moldova’s pro-European Union (EU) government even closer to the EU, in which next door Romania, whose language is spoken by most Moldovans, is a key member state.…

Serious concerns have been raised by Accountancy Europe and other accounting organisations about the speed proposed European Union (EU) sustainability reporting standards are being developed by the European Financial Reporting Advisory Group (EFRAG). The association and others are also worried about the amount of data demanded in planned mandatory EU sustainability reporting.…

The technical textile market looks set to ride out current turbulence caused by inflationary and geopolitical pressures, including Russian militarism, with a projected uptick in global performance – research and industry commentators predict. But plans for onshoring and innovation investments might be delayed as day-to-day costs continue to rise.…