Search Results for: Finland

The Nordic and Baltic beer markets are increasingly diverse, with craft beer sales growing faster than those for standard beers across the region, with only Lithuania bucking the trend. According to UK-based market researcher GlobalData (which owns Just Drinks), sales of craft beers Denmark, Sweden, Norway, Finland, Estonia and Latvia have all seen significant sales increases over the past five years with many exhibiting double-digit growth.…

Global progress on tackling the risks posed by money laundering and terrorist financing (ML/TF) is “paralysed” according to the latest annual index report (1) from the Basel Institute on Governance. Over the 11 years since the first report, AML risks “have changed depressingly little”, said Basel AML Index project manager Kateryna Boguslavska on October 4.…

If proof were needed that the European Union (EU) was genuinely concerned about the boom in energy prices sparked by Russia’s bloody invasion of Ukraine, it is surely a decision made by the EU Council of Ministers on September 30 to back an EU energy tax law, for implementation on December 1 (2022).…

Textile companies in Finland, whose government has developed a national road map towards creating a circular economy (1), are developing game-changing solutions to achieve carbon neutrality.
According to the report ‘Fashion on Climate’, published in 2020 by consultants McKinsey & Co and Danish non-profit organization Global Fashion Agenda, “the fashion industry accounts for around four per cent of emissions globally”, and “more than 70 per cent” from “upstream activities, particularly energy-intensive raw material production, preparation and processing” (2).…

Concern about rapid increases in consumption in heated tobacco and the European Union’s (EU) stated ambition to reduce all tobacco use by 2040 so that less than 5% of the 27 member countries’ 447 million people is pushing EU policymakers towards tightening vaping and e-cigarette controls.…

Major vaping players are investing in innovative solutions to offer healthier, more pleasant, and more eco-friendly products, trying to reshape a segment facing a growing number of restrictive laws worldwide.

According to the Dublin-based market researcher Research and Markets, “the global e-cigarette market reached a value of USD20.4 billion in 2021” and should reach USD30 billion by 2027 (1).…

European Union (EU) member states are lagging in compliance with a requirement in the fifth anti-money laundering directive (5 AMLD) (1) to create public ultimate beneficial ownership (UBO) registers by January 10, 2020. A European Commission webpage (2) on 5AMLD compliance last updated June 2 (2022) shows 12 governments are facing infringement proceedings either because they have not adopted legislation writing the directive fully into national law or because they have implemented it incorrectly.…

Growing environmental concerns and rising awareness of sustainable energy resources is driving considerable growth in the global used cooking oil (UCO) market. Production is also being boosted by recent technological advancements in UCO processing, expanding supplies from the rapidly evolving foodservice industry and initiatives by various governments to promote UCO for industrial use.…

The United Nations Environment Assembly’s (UNEA) planned global pact on plastic may act as a further disruptor and consolidator of efforts to address plastic packaging in the dairy industry. The legally binding agreement, which UN member states agreed would be concluded by 2024, according to a March 2022 announcement, aims to facilitate an end to plastic pollution by addressing the lifecycle of plastic, from design and production to disposal.…