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CAMBODIA’S GARMENT SECTOR STRATEGY AIMS TO MAKE EXPORTS MORE COMPETITIVE
The Cambodian government has now launched a long-awaited five-year development plan to shape the future of the country’s garment, footwear and travel goods sector by boosting productivity and reducing tariffs on businesses, but industry commentators say its proposed reforms are still at an early stage.…
PROFILE OF PAKISTAN CLOTHING AND TEXTILE INDUSTRY
Pakistan textile and clothing industry has witnessed many advances and retreats during the last 10 years. With the country operating a less draconian set of lockdowns than neighbouring countries in south Asia, it has leveraged recent investment by increasing clothing and textile exports.…
RUSSIA’S INVASION OF UKRAINE HIGHLIGHTS STRATEGIC VALUE OF NEW FINLAND NUCLEAR POWER PLANT
Its launch may be more than a decade late, but the European Union’s (EU) first European Pressurised water Reactor (EPR) has finally started producing electricity for the Finnish national grid. Its strategic importance to Finland, as the country is preparing for NATO membership following Russia’s invasion of Ukraine is hard to overstate.…
RENEWABLE ENERGY OFFERS STEEL SECTOR A WAY TO DECARBONISE
The international steel sector is working to reduce its climate change impact through closer links to the renewable energy sector, along with steel making innovation and more recycling.
This industry is responsible for between 7% and 9% of human-generated carbon dioxide, according to the World Steel Institute.…
LAURA KÖVESI CALLS FOR MORE EPPO INDEPENDENCE
The European Chief Prosecutor Laura Kövesi has called for the European Public Prosecutor’s Office (EPPO) to be strengthened with rule changes to make it more independent and effective. Presenting the EPPO’s annual report for 2021 to a joint meeting of the European Parliament’s committees on civil liberties, justice and home affairs and on budgetary control April 20, Kövesi argued for “radical simplification” of the founding EPPO regulation (1) and a shift of competence and budget to the central office in Luxembourg to guarantee the independence of delegated prosecutors in the 22 EPPO countries (2).…
INTERNATIONAL REGULATORY ROUND UP – RUSSIAN INVASION OF UKRAINE INFLATES SUGAR AND OIL PRICES
RUSSIA’S invasion of Ukraine has prompted a major increase in sugar prices, the UN Food & Agriculture Organisation (FAO) has said. Its FAO Sugar Price Index averaged 117.9 points in March, up 7.4 points (6.7%) from February, and up 20% year-on-year.…
CZECH REPUBLIC’S MAJOR BEER SECTOR KEEPS CAN MANUFACTURERS GROWING
When the can manufacturing sector looks at the Czech Republic, it focuses especially on beer. The country, trading on its tasty classic lagers, is a brewing giant. In 2020 the overall production of beer in Czech Republic was 20.1 million hectolitres, of which 5 million hectolitres was exported, said the Czech Beer and Malt Association (its most recent figures).…
RENEWABLE ENERGY SECTOR RISKS SERIOUS ATTACKS FROM HACKERS
Renewable energy systems are growing fast in scale and diversity worldwide. But as with any innovative technology, commercial criminals seek to exploit new online vulnerabilities. Keith Nuthall and Sarah Gibbons report.
Cybercrime attacks on energy systems can be high profile – witness the American Colonial Pipeline energy company ransomware attack, when the company paid out USD4.4 million to hackers. …
PLANNED INTERNATIONAL TREATY ON REDUCING PLASTICS USAGE WILL HELP PERSONAL CARE PRODUCT SECTOR PLOT SUSTAINABILITY POLICIES
A planned legally binding global agreement covering the lifecycle of plastics should hasten the regulation, proliferation and uptake of steps in the personal care product industry to eliminate plastic pollution, sector associations and experts.
Even before the decision in March (2022) by the United Nations Environment Assembly to conclude negotiations by 2024 on a pact to eliminate plastic pollution, cosmetics manufacturers of all sizes have been moving towards a more circular economy approach.…
TECHNICAL ROUND UP – ISSB RELEASES FIRST MAJOR PROPOSED SUSTAINABILITY REPORTING STANDARDS
The International Sustainability Standards Board (ISSB) has launched its first draft major standards – on general sustainability and climate-related disclosure requirements. The general draft says how organisations should detail sustainability risk, opportunities, planning and more. The climate draft lays down rules for declarations on climate resilience, risk management and more.…