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INDIAN PASHMINA PRODUCTION TO RECEIVE BOOST FROM GEOGRAPHICAL INDICATION PROMOTION
India’s production of pashmina, the most exclusive of the cashmere fibres, is to receive an important government boost through acquiring a geographical indication (GI) from India’s Geographical Indications Registry for product sourced and spun in the Himalayan region of Ladakh.
The government of the union territory of Ladakh, which runs the mountainous territory in which Indian pashmina is producer applied for the GI certificate last year (2021) and hopes to receive authorisation the next few months.…
STIFF REGULATORY TAILWINDS IMPEDED GROWTH OF CBD OIL SECTOR ON BOTH SIDES OF ATLANTIC
Cannabidiol oil, or CBD oil, has steadily become a more in demand commodity supplied by the bio-based oils and fats industry due to rising product usage in food, pharmaceuticals, supplements, nutraceuticals, lotions, shampoos, soaps, bath gels, massage oils and cosmetics.
Product developers stress how CBD products can provide consumers with relief for anxiety, depression and post-traumatic stress disorder.…
TECHNICAL ROUND UP – ISSB RELEASES STRATEGY TO SPREAD SUSTIANABIUTY REPORTING BASELINE GUIDANCE WORLDWIDE
The International Sustainability Standards Board (ISSB) has released its strategy to create a “global baseline” of guidance on how companies and public organisations should make disclosures on their impact on the environment and society. It will try to release this core advice by the end of the year.…
MAJOR COMPANIES SHOULD INVEST IN ANTI-FRAUD TECH AS BUSINESS DIGITISES, ACFE CONFERENCE TOLD
Sophisticated technologies offer companies the chance to better fight fraud and corruption, even if such tech also aids criminals. The international Association of Certified Fraud Examiners (ACFE) discussed the latest trends at its annual conference in Nashville, USA, from June 20-22.…
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.…
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.…
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).…
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. …
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.…
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.…