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Speakers at the Textile & Fashion Forum Helsinki 2023 have stressed the need to transform the textile sector from linear to circular economy principles, to achieve robust sustainable practices across the industry.

Leading textile and fashion professionals and experts stressed the need for green innovation at a two-day forum organised by Finland’s clothing and textile industry association Finnish Textile & Fashion and European industry organisation Euratex.…

FATF has released changes to its formal recommendations designed to push governments to ensure more money is seized and confiscated.

The global AML body will henceforth require governments to “establish asset recovery as a priority”, nationally and international in cooperation with other countries, periodically reviewing confiscation policies and programmes.…

FATF, Interpol and the Egmont Group have called on governments to undertake three priority reforms to combat the increasing amount of money laundering generated by cyber-enabled fraud. These attacks have mushroomed during and since the Covid-19 pandemic. The US FBI said in June (2023) that cyberattacks and cyber-enabled frauds in the USA cost more than USD10.2 billion in 2022, up from USD6.9 billion in 2021 (1)

In a new FATF/Interpol/Egmont Group report released this month (November) ‘Illicit Financial Flows from Cyber-Enabled Fraud’ [CEF], the three organisations call for better domestic co-ordination between regulators, law enforcement, AML reporters and other actors; more multilateral collaboration; and strengthened detection and prevention (2).…

Hong Kong-based shirtmaker Esquel has been through some tough times of late, but its vice-chairman has told Just Style that the company is optimistic about the future. Esquel has been fighting bad fortune since early 2020, when its operations in mainland China were hit by the Covid-19 pandemic.…

Brazil generated 92.8% of its electricity from low or zero carbon sources during the first nine months of 2023, producing more clean power by proportion of overall output among all G20 countries in 2022, with a share of 89.1%, according to data released by London, UK-based global energy thinktank Ember (1).…

As US brands look for new ways to communicate quality and integrate sustainability into their business, their attention is increasingly shifting to digitally printed fabric signage. Part of this growth is fuelled by iconic global brands such as Apple (1) and Nike (2) opting for digitally printed backlit soft signage.…

Policy initiatives aimed at reshoring large sections of the US automotive supply chain could seriously restrict the growth of the country’s electric vehicle (EV) market, a key UK motor industry conference was told on Wednesday (Oct 18). Speaking at the UK Society of Motor Manufacturers and Traders’ (SMMT) Global Trade Conference, in London, David Schwietert, chief policy officer at the Washington DC-headquartered Alliance for Automotive Innovation, aired concerns about the Biden administration’s Inflation Reduction Act’s (IRA) manufacturing incentives.…

Israel’s garment and textile sector has taken a hit due to the month-long war with Hamas, which followed the October 7 attacks on Israel by Hamas. Israel has a small manufacturing sector, with around 4,700 textile workers and 7,400 workers manufacturing apparel, according to the Taub Center for Social Policy Studies in Israel (1).…

A global student body is encouraging universities and colleges to lead societal change that pushes behavioural norms towards more sustainable practices, reducing greenhouse gas emissions, as this summer’s record heat https://www.nasa.gov/news-release/nasa-announces-summer-2023-hottest-on-record/#:~:text=The%20summer%20of%202023%20was,(GISS)%20in%20New%20York. Underlines climate change.

Students Organising for Sustainability (SOS) International was launched in Denmark during 2019 and has since grown to be an alliance of 27 national and international organisations, working together to promote sustainability on campus, at home and at work.…

With the United Arab Emirates (UAE) to host the United Nations Climate Change Conference (COP28) summit this November and December, UAE higher education institutions have intensified their focus on climate change and sustainability, greening campus infrastructure, developing courses and engaging with the private sector.…