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Australia’s commitment to strengthen its anti-money laundering legislation is now an eight-year-old promise that has yet to be fulfilled. However, with a change in government in May 2022, with the Labor Party taking power after nine years of government by the right-centre Liberal-National Coalition, there is renewed hope that reform could finally be delivered.…

The Financial Action Task Force (FATF) issued a dedicated report, ‘Money Laundering and the Illegal Wildlife Trade’ in June 2020 (1) and has followed up with further analysis on a topic that is being researched in depth by a wide range of NGOs.…

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.…

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.…

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.…

A growing number of successful good practice case studies in Africa are helping guide universities and colleges into how best to boost access to higher education across the continent. More than 80 million Africans have disabilities, according to the UN (1).…