In 2019, before Covid-19 knocked the industry off a seemingly unstoppable growth trajectory, 95 billion gallons of fuel was burned by commercial airlines worldwide said statistical service Statista.

Speaking to Petroleum Review, International Civil Aviation Organisation (ICAO) deputy director for environmental protection Jane Hupe said analysis undertaken by the UN agency found “that, by 2050, it would be physically possible to meet 100 percent of international aviation jet fuel demand with sustainable aviation fuels, corresponding to a 63 percent reduction in emissions.”…

The International Organisation of Securities Commissions (IOSCO) has called on regulators to proactivity ensure environmental, social, and corporate governance (ESG) ratings and data product providers perform at a high standard. In detailed guidance, IOSCO noted: “Their significance and usefulness will only continue as capital markets intensify efforts to support the shift towards a net zero economy.”…

BRITAIN’S halal food market maybe growing, but the UK’s withdrawal from the European Union (EU) in January 2020 has been impeding the sale, production and export of such products, and the regulatory headaches may get worse in future.

Speaking to Salaam Gateway, Rizvan Khalid, managing director, of Euro Quality Lambs, a major England-based producer and exporter of halal sheepmeat, said trade red tape imposed since the UK quit the EU has imposed GBP500,000 of annual regulatory costs on his business.…

The executive director of the Chamber of the Textile and Apparel Industry, of El Salvador (CAMTEX – Cámara de la Industria Textil) has told Just Style how her manufacturing hub is seizing market opportunities growing as Covid-19 ebbs.

Patricia Figueroa, who has been in her job since 2015, also highlighted the challenges the Salvadoran clothing and textile industry will tackle in 2021-22, with CAMTEX’s help.…

THE INTERNATIONAL Sustainability Standards Board (ISSB) will start work in early 2022, based in Frankfurt, Germany, and Montréal, Canada, the IFRS Foundation Trustees have announced at the COP26 climate change meeting in Glasgow, Scotland. The trustees added that the new body would by next June (2022) incorporate the work of the Climate Disclosure Standards Board (CDSB) and the Value Reporting Foundation (VRF), which itself includes the Integrated Reporting Framework and the Sustainability Accounting Standards Board (SASB).…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

Growth in demand for and production of renewable diesel is set to disrupt the global liquid fuels sector, with major increases in refining capacity being developed now. Renewable diesel has major potential as a transitional alternative energy source, because, unlike standard biofuels, in its highest quality form, it is chemically identical to fossil fuel diesel. …

Sub-Saharan Africa has natural resources that aids the development of renewable energy, it has lots of sun, plentiful wind, and much potentially sustainable biomass. With the development of small-scale affordable renewable energy technologies, such systems have been promoted by major aid agencies keen to prevent deforestation and excessive reliance on fossil fuels, that – even where they are plentiful, have not usually led to widespread economic development.

The Taiwan Environmental Protection Agency (EPA) has initiated a revision of the island’s Greenhouse Gas Reduction and Management Law, partly to help paint and coatings manufacturers maintain access to the European Union (EU) market. The reform will take account of the EU’s planned Carbon Border Adjustment Mechanism, which may levy duties on products the EU deems have been made with excess carbon emissions.…

Researchers from England’s Lancaster University and Aston University, plus the Jožef Stefan Institute, Ljubljana, Slovenia, have developed a technique of making textile additives from spent nuclear fuel. They argue the system offers economic and environmental gains regarding the processing of waste, as well as substituting sodium dithionite, which can help form toxic gases.…