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As the world looks upon China’s oppression of the Uyghurs in Xinjiang, clothing companies have been stepping carefully around calls for brands to refuse to handle fabric that includes Xinjiang cotton.

Xinjiang grows 87% of Chinese cotton crop, with 5.16 million tonnes produced in 2020.…

Auditors in the UK are on the cusp of transforming their approach to fraud, pushed by a long-deliberated reform in audit guidance by the government.

It has released a white paper ‘Restoring Public Trust in Audit and Corporate Governance’ that suggests forcing more responsibility on auditors for fighting financial crime in the UK.…

When a terminal extension at Norway’s Oslo Gardermoen Airport was opened in 2017, it became the first airport terminal in the world to achieve a rating of excellent under the international sustainability standard BREEAM.

It has subsequently achieved owner’s Avinor’s design objective of doubling floorspace and passenger capacity while reducing energy consumption by 50% compared with the existing terminal – which already had one of the best energy efficiency records in the world.…

Over the past year, the European Union’s (EU) dairy industry has weathered two storms: the departure of Great Britain from the EU single market and customs union, during the unprecedented lockdown measures adopted to contain Covid-19, all while EU lawmakers haggle over a major shakeup of agricultural regulations.…

INTRODUCTION

The textile industry is one of the world’s oldest manufacturing sector, yet it is also one of the most dynamic, constantly reinventing itself. Today, the development of micro-factories might herald root-and-branch change in how the textile and clothing industry operates, a transformation driven by advances in digital textile printing.…

EUROPEAN Union (EU) institutions have agreed to tighten measures that encourage lobbyists to put their information on a public register before they meet politicians and high-ranking officials. But researchers and campaigners say stronger enforcement and better monitoring are necessary to prevent graft.…

Saudi women are taking up professional roles unimaginable a few years ago, and that includes in accounting, a trend encouraged by the government. A new women’s accountancy programme was launched in March (2021) by the Saudi Organization for Certified Public Accountants (SOCPA), supported by the ministry of commerce.…

The International Public Sector Accounting Standards Board (IPSASB) has unveiled comprehensive proposals to reform how government and other public sector bodies measure their assets and liabilities. The board is proposing generic guidance on fair value assessments for the first time. It is also helping public bodies value heritage and infrastructure assets.…

The world’s anti-money laundering/combating the financing of terrorism (AML/CFT) system has come a long way since the G7 group of nations decided to launch the Financial Action Task Force (FATF) in July 1989. But Australian researchers have claimed AML/CFT compliance costs USD300 billion and only nets USD3 billion of an estimated USD3 trillion in criminal funds generated annually (a 0.1% success rate).…

EUROPEAN can manufacturers say that the European Union (EU) climate law’s target to cut carbon emissions at least 55% by 2030 compared to 1990 levels, compared to “between 50% and 55%” in the original proposal (1) and just 32.5% by 2030 in the 2018 law (2) will be a challenge, but one they are on track to meet.…