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CHINA’S ‘GREEN FASHION' PHENOMENON IS REAL AND INCREASINGLY IMPORTANT



 Chinese consumers are displaying an increasingly keen interest in sustainable fashion, being aware from personal experience that pollution can have a disastrous impact not only on the overall environment but also on their health. A Chinese University of Hong Kong report in 2018, for instance, concluded air pollution caused an average 1.1 million premature deaths in China.…

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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.…

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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).…

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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.   …

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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.…

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CERTIFICATION AND LIABILITY CHALLENGES OF SMART TEXTILES – DEEP DIVE



INTRODUCTION 

 

Regulation, certification and liability have long been critical issues managed by textile executives, with consumer protection, industrial standardisation and chemical environmental health rules posing significant challenges to any professional fabric company. However, the advent of smart textiles has made such regulatory and legal considerations more complex, because of their integration of electronics and internet communications, which can bring such products under additional health and safety rules, along with privacy and cyber-crime statutes.…

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INDIAN HOME TEXTILES MAJOR DEVELOPS SOPHISTICATED SUPPLY CHAIN TRACKING SYSTEM



Mumbai-based home textiles manufacturer and exporter Welspun India is upgrading and diversifying the use of an innovative technology system – ‘Wel-Trak’ – which tracks cotton through various stages of manufacturing. Patented in 2017, this digital solution provides complete traceability of the raw material’s processing and manufacturing history, from its country of ginning to, weaving and manufacturing, including shipping details.…

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SECRETIVE SHEIN WAS UNEXPECTED BENEFICIARY OF TRUMP’S TRADE WAR AND INNOVATIVE MOBILE-BASED ORDERING



China’s fast fashion cross-border e-commerce fashion retailer Shein is little known within China but its profile overseas continues to rise, with Reuters reports estimating the company may have generated about Chinese Yuan Renminbi CNY100 billion (USD15.7 billion) in revenue in 2021 as the Covid-19 pandemic shifted global consumption online.…

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UK LAW TO FORCE INTERNET GIANTS TO ACT AGAINST ONLINE SCAMMERS



Social media platforms and search engines are facing tough new sanctions after a new legal duty was added to the UK government’s Online Safety Bill to clamp down on fraudulent paid for adverts. The original draft provisions of the bill said search engines and platforms which host user-generated content, including text, video-sharing and live streams, were to have a duty of care to protect people from fraud, such as romance scams and fake stock market tips.…

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ANTI-FRAUD INVESTIGATOR SALARIES RISE AS FINANCIAL CRIME CONTINUES TO GROW



With fraud levels booming – a PwC report released last May (2021) said 47% of more than 5,000 interviewees’ companies suffered an average of six frauds in the previous two years – anti-fraud professional salaries are growing. (1)

The Association of Certified Fraud Examiners (ACFE) will release its next anti-fraud sector salary survey in the summer, but Mason Wilder, an ACFE research specialist confirmed pay is “going up – as are most wages and salaries in professional fields”.…

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