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The Year Trust Returned to The Diamond Trade

Apr 30, 2019

There was little surprise when Time magazine named Donald Trump its ‘Person of the Year.’ Love him or hate him, Trump left his mark more than any other individual on 2016. Notably, the choice says as much about the impact he ...

Tags: Diamond, diamond industry

Smurfit Kappa Awarded Gold Corporate Social Responsibility Rating by EcoVadis

Sep 14, 2017

Smurfit Kappa has been awarded the gold Corporate Social Responsibility (‘CSR’) rating by EcoVadis for the fourth successive year. The company ranked among the top 1% of the 30,000 companies that were assessed on a range of ...

Tags: Smurfit Kappa

Mondelez Outlines New Requirements for Sustainable Supply of Palm Oil

Nov 14, 2016

Mondelēz International has laid out new milestones and requirements for suppliers to work toward a sustainable supply of palm oil as part of its updated Palm Oil Action Plan. The update advances the company's goal to make sustainable ...

Tags: palm oil, Mondelez

Three Things The Diamond Trade's Survival Depends on

Jun 3, 2016

The diamond industry is waking up to a new reality. Not only are the banks insisting on stricter compliance standards and pipeline integrity, but the largest mining companies and jewelry retailers are rapidly following suit. This is forcing ...

Tags: diamond industry, diamond

Asia Brewery to Brew Heineken Brands in Philippines

Jun 2, 2016

Philippines-based beverage maker Asia Brewery has entered into an agreement with Dutch beer producer Heineken International to brew Heineken brands in Philippines. The financial terms of the deal have not been disclosed. The partnership ...

Tags: beverage, Asia Brewery, Heineken

China Responds to Japan-South Korea Sex Slavery Deal

Dec 29, 2015

The Chinese government has welcomed the agreement reached by Japan and South Korea on Japan's wartime sexual slavery of Korean women during World War II, calling on Japan to deal with historical issues in a responsible way. Chinese ...

Tags: Sex Slavery Deal

Major Australian Supermarkets Thai Union Supplier Shrimp Linked to Human Rights Abuses

Dec 21, 2015

Australian supermarkets giants have confirmed they source seafood from a company implicated in the usage of indentured slave labourers for prawn peeling. Coles, Woolworths and Aldi supermarkets have each confirmed that they have sourced ...

Tags: Australian supermarkets giants, slave labourers, Food

Top Football Sponsors Pressed FIFA to Clean Itself up

Dec 16, 2015

In a strongly worded statement late Wednesday, Visa called on the world's premier soccer organization to "take swift and immediate steps" to clean up its act. Adidas (ADDDF) called on FIFA to raise its standards. The Adidas Group is fully ...

Tags: Football Sponsors, Adidas

BRF Recognized for Sustainability Efforts with Inclusion in ESG Index

Nov 13, 2015

Brazilian food company BRF has been recognized for its sustainability efforts by including it in the environmental, social and governance (ESG) index, which was launched in June 2014. The ESG index was launched by Euronext which is a ...

Tags: BRF, ESG Index

Synthetic Diamonds: Legitimize, Don’t Ostracize

Oct 27, 2015

Traders of mined diamonds are divided over how to best respond to the growth of their laboratory-grown counterparts. Last week, India’s Bharat Diamond Bourse (BDB) became the second exchange to ban trading of man-made diamonds, ...

Tags: man-made diamonds, Bharat Diamond Bourse

Do Australia's Supply Chains Face a Looming Crisis?

Aug 27, 2015

48% of supply chain managers in Australia say they are inadequately trained, according to respondents of a global survey of professionals. Supply chain managers increasingly focus on protecting vulnerable people further down the chain ...

Tags: Australia's Supply Chains, Looming Crisis

Vietnam and EU Have Agreed in Principle on a Trade and Investment Agreement

Aug 6, 2015

Vietnam and EU have agreed in principle on a trade and investment agreement, the most ambitious and comprehensive free trade agreement (FTA) that the EU has ever concluded with a developing country, the European Commission said on its ...

Tags: non-tariff barriers, textile fabric

Ben & Jerry's Has Renamed Its Popular Chocolate Chip Cookie Dough Ice Cream to I Dough

Jul 2, 2015

Ben & Jerry’s has renamed its popular Chocolate Chip Cookie Dough ice cream to I Dough, I Dough following the US Supreme Court's decision of legalizing same-sex marriage. I Dough, I Dough will be available in a special commemorative ...

Tags: Chocolate Chip Cookie, Ice Cream

EU Trade Office of GSP Programme Reviewed The Benefits of GSP Plus Facility to Pakistan

May 20, 2015

A delegation of the European Union trade office of generalised system of preferences (GSP) programme reviewed the benefits of GSP plus facility to Pakistan and the progress made so far on implementation of social standards related to labour ...

Tags: GSP Benefits, Textile exports

Canada Tariffs Free

Apr 7, 2015

Imports into Canada from Myanmar will now enjoy tariff free status after the Canadian government restored the country’s General Preferential Tariff (GPT) and Least Developed Country Tariff (LDCT). Myanmar’s eligibility for GPT ...

Tags: GPT, trading patterns, Apparel

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