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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.…
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.…
HALAL SECTOR EXPLORES TECHNICAL SOLUTIONS TO DEMONSTRATE COMPLIANCE WITH STANDARDS
The Covid-19 pandemic and latterly the Russian invasion of Ukraine has sparked an increase in cybercrime and fraud, and the halal sector – reliant on compliance with detailed production and sales standards – is a soft target for commercial criminals.
This fact is compounded by the proliferation of halal certificates as the sector expands worldwide.…
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.…
UAE HALAL FAST-FOOD BRAND CHICKING TO OPEN 30 OUTLETS IN CANADA BY 2023
United Arab Emirates (UAE)-based halal fast-food chain Chicking is planning to expand its geographic footprint with up to 30 new outlets across Canada by 2023.
The company opened its first ChickQueen branch in the multi-cultural city of Mississauga, Ontario, in May 2021, as part of a plan to expand to all major Canadian cities, AK Mansoor, founder and chairman of Chicking, told Salaam Gateway.…
MOZAMBIQUE AND ANGOLA – NEW AFRICAN CIGAR MARKETS AND PRODUCTION GROW
Cigar sellers are exploring the potential offered by southern Africa’s two Portuguese-speaking countries, Angola and Mozambique, not only as sustainable growth markets, but also as African cigar production centres. Both countries have tobacco production and growing traditions that date back well into the Portuguese colonial times that ended with independence in 1975.…
MUSLIM COUNTRIES MAINTAIN AWKWARD NEUTRALITY OVER RUSSIAN INVASION OF UKRAINE
Many Muslim countries, their governments and businesses, have adopted an uneasy neutrality towards Russia, as it continues its invasion of Ukraine.
Malaysia is a case in point – its close relations with European, north American and Asian countries (such as Japan and South Korea) means it will not want to breach their sanctions on Russia.…
AUSTRALIA TARGETS MALAYSIA’S HALAL FOOD SECTOR
The Australian food export sector is targeting Malaysia’s rapidly growing certified halal food market. A new memorandum of understanding (MoU) signed by the Australian Trade and Investment Commission (Austrade) and Malaysia’s Halal Development Corporation in February should benefit Australian exporters. Both organisations have agreed to share information and collaborate actively in developing commercial partnerships between Malaysian and Australian companies.…
EUROPEAN PARLIAMENT FORMALLY CALLS FOR END TO EU GOLDEN VISA LAWS
The European Parliament has voted overwhelmingly today (March 9) for a European Union (EU)-wide ban on golden passports or citizenship by investment (CBI) schemes by 2025. In a 595 for, 12 against and 74 abstentions vote, MEPs approved a report on ‘citizenship and residence by investment schemes’ (1) which said schemes operated by 12 EU countries (2) “pose several serious security risks for Union citizens” notably corruption and money laundering.…
EU IMPOSES FOURTH ROUND OF SANCTIONS AGAINST INVADING RUSSIANS
The European Union (EU) has launched potentially crippling sanctions against Russia’s iron and steel industry, banning imports to the EU. It bought 753,958 tonnes of Russian pig iron and 1.4 million tonnes of Russian steel slab in 2020. The move is part of a fourth wave of sanctions imposed on Russia by the EU Council of Ministers over Russia’s invasion of Ukraine, which by March 15 had killed at least 636 civilians, said the UN.…