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INDONESIAN GARMENT SECTOR STRUGGLES WITH ILLEGAL IMPORTS



The Indonesian garment sector, already reeling from a decline in international orders, is facing a double whammy: a surge in illegal textile imports that is undercutting local producers and increasing pressure for sustainable production.

According to the Indonesian Fibre and Filament Yarn Producers Association (APSyFi – Asosiasi Produsen Serat dan Benang Filament Indonesia), the value of illegal textile and textile products, notably clothing imports into Indonesia last year (2022) reached USD2.94 billion.

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TECHNICAL ROUND UP – ISSB COLLECTS 400 SUPPORTERS AS IT LAYS CLAIM TO GLOBAL BASELINE FOR SUSTAINABILITY REPORTING



More than 400 organisations from 64 jurisdictions have signed a declaration, committing themselves to advancing the adoption or use of the ISSB’s S2 climate impact reporting standard as the climate global baseline. This came on December 4, during the UN Climate Change Conference (UNFCCC) Conference of the Parties (COP28) meeting in Dubai.…

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SCOTLAND HANDBOOK OFFERS UNIVERSITIES PRACTICAL COMPREHENSIVE GUIDE ON INTEGRATING SUSTAINABILITY INTO LEARNING



There is no formal blueprint telling universities and colleges how they can encourage skills and practices promoting sustainability, as the world grapples with an ever more demanding impacts from climate change. However, a team of experts in the UK has developed a thoughtful set of guidance, designed to aid higher education institutions in weaving sustainability into their coursework, research and operations.…

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PARTS MAKERS WORLDWIDE FACE LOSS OF BUSINESS DURING TRANSITION TO EVs



Auto parts manufacturers worldwide are assessing the impact on their businesses of the shift to electric vehicles (EVs) from internal combustion engines (ICE), given EVs need fewer components, reducing demand. Most assessments say that there are about 20 moving parts in an electric engine, compared to 2,000 in an ICE (1).…

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ASIAN PAINT AND COATING REGULATORY ROUND-UP – NEW ZEALAND PLANS TO SLASH LEAD CONTENT IN PAINTS



The New Zealand Environmental Protection Authority (EPA) has called for comments on planned reductions to allowable lead levels in paints, and in art materials such as chalk, crayons, and felt-tip pens.

The country’s current lead level limit for paint is 0.1% (1,000 parts per million/ppm) and the proposed changes would reduce this to 0.009% (90ppm), in line with countries including Australia, Canada and the United States, the EPA said in a note.…

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TALLOW SALES EXPECTED TO GROW, DESPITE SOME PUSHES AGAINST MEAT PRODUCTION



The global market for tallow, traditionally a common ingredient in the production of soaps, detergents, and lubricants, is undergoing considerable movement, driven by rising consumption of meat products coupled with the rising usage of tallow in the pharmaceutical, cosmetic, biofuels and feeds industries.…

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IRAN SANCTIONS EVASION PERSISTS AS UN-BASED NUCLEAR RESTRICTIONS LAPSE



Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…

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EUROPEAN COMMISSION LISTS PEPS EU-WIDE



The European Commission has published an extensive list (1) of the European Union’s (EU) politically exposed persons (PEPs) who should be subject to greater due diligence in banking and other transactions. The list covers functions, not individuals, in the bloc’s 27 member states and the EU’s own institutions.…

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ESQUEL’S INTEGRAL EVENT EXPLORES SUSTAINABLE FASHION



Hong Kong-based shirtmaker Esquel has been developing natural dyes to boost its sustainability, seeking similar quality colours and fastness to dyes based on artificial finishing chemicals. These innovations were explained during the company’s annual Esquel Integral Conversation event, tis year held on October 26, as usual in Guilin, southern Chinaat Esquel’s Integral Sustainable Development Garden.…

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ARTIFICIAL INTELLIGENCE, QUANTUM COMPUTING AND MATHEMATICAL INNOVATION TO BOOST ANTI-FRAUD ALGORITHMS



The ability of computer algorithms to identify outlier behaviour and indicate potential fraud is becoming stronger as IT specialists, mathematicians and AI develop new applications and techniques, offering anti-fraud professionals better tools to unearth and prosecute financial crime.

A McKinsey report from November 2022 (1) noted how companies are using machine-learning algorithms to assess data to maximise fraud detection through reducing false positives and missed fraud.…

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