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In a landmark decision, a Brazilian court has ordered cattle rancher Dirceu Kruger to pay over $50 million in compensation for illegal deforestation of the Amazon rainforest. The ruling represents the largest civil case for climate crimes in Brazil's history, signaling a robust legal effort to address environmental degradation and promote accountability.

Fashion's sprawling global supply chains, often expanded to cut costs, have become notoriously tangled and complex. Unlike industries such as food, transport, and beauty, fashion has historically lacked stringent regulations, resulting in minimal investment in infrastructure to track products throughout their lifecycle. However, other industries offer valuable lessons that fashion can adopt to enhance traceability and sustainability.

Emphasis on Transparency and Responsible Mining

Fashion Leaders Embrace Circular Economy in $700 Billion Reuse Market

The European Union's Approach to Deforestation and Its Global Implications

Bureau Veritas Consumer Products Services has announced a strategic collaboration with CommonShare to deliver a comprehensive Bill-of-Materials (BOM) and Purchase Order traceability solution.

The insurance sector's landscape is evolving, with a recent survey revealing that artificial intelligence (AI) and climate change have ascended to the forefront of industry concerns. The International Insurance Society (IIS) has published its 2024 Global Priorities Survey, which collected insights from nearly 20,000 senior executives worldwide, highlighting key strategic focuses for the year ahead.

Mumbai — Ricron Panels, a pioneering player in the plastic waste recycling sector, has successfully raised Series A funding led by Boon Sustainability Technologies. This capital infusion will bolster the company’s growth initiatives, marketing efforts, and capital expenditures, facilitating an expanded footprint in the Indian market.

Fast-fashion behemoth Shein is pivoting its initial public offering (IPO) strategy towards London, abandoning its previous intentions for a U.S. listing in light of rising allegations of labor abuses and significant opposition.

Textile Exchange, the global non-profit organization focused on sustainable practices, has announced a delay in the rollout of its highly anticipated eTrackit traceability system following a pilot phase.