On February 23, Customs and Border Protection (CBP) released new guidance documents for importers on the applicability of the UFLPA. CBP encourages companies and importers to proactively monitor their supply chains and be aware of any suspicions or allegations of forced labor. This includes external audits, risk assessments, and supply chain [...]
The United States and the European Union announced a steel- and aluminum-based agreements by 2024 that would encourage investment in green steel production by ensuring a competitive industry and exclude metals that do not comply with market principles. Furthermore, carbon intensity in these sectors is being considered to create a profile [...]
Taking action to reduce emissions within your supply chain can be a challenging but critical part of reaching your emission reduction targets. The following are some initial strategies you can implement to reduce your carbon footprint: TRANSPORTATION & LOGISTICS One of the biggest sources of emissions can be transportation. [...]
WHAT IS THE DIFFERENCE BETWEEN SUSTAINABILITY AND ESG? Sustainability and environmental, social, and governance (ESG) are separate but related concepts referring to how a company’s work impacts the world around it. Companies are “sustainable” when their operations and practices are designed to have a lower impact on society and [...]
On January 19, 2022, the European Union and 26 partner countries announced a new Coalition of Trade Ministers on Climate during the World Economic Forum’s annual meeting in Davos, Switzerland. COALITION OF TRADE MINISTERS ON CLIMATE The coalition seeks to encourage global actions and policies that benefit the environment. It [...]
The second annual deputies meeting for United States-Mexico-Canada Agreement (USMCA) was attended by officials from the U.S., Mexico, and Canada to discuss competitiveness, forced labor, and environmental issues as well as review and provide oversight for the ongoing work by USMCA/CUSMA/T-MEC committees to implement the Agreement. FORCED LABOR PREVENTION [...]
As a company, when you import a product into the United States you bear a certain amount of responsibility for everything that has gone into the process of getting that product to market. This includes being aware of whether forced labor or human rights abuses occurred at any point [...]
Fuel efficiency is a key concern for airlines, as fuel costs can make up a significant portion of operating expenses. Airlines are constantly seeking ways to reduce fuel consumption and increase the fuel efficiency of their fleets. LET'S TAKE A LOOK AT THE TOP 5 MOST FUEL-EFFICIENT AIRPLANES IN [...]
The United States and Japan will launch a task force to promote human rights and international labor standards in the supply chain. Signed on January 6 by United States Trade Representative's Katherine Tai and Japan's Minister for Economy, Trade, and Industry Nishimura Yasutoshi, the Memorandum of Cooperation provides the US [...]
WHAT IS SUPPLY CHAIN SUSTAINABILITY AND WHY IS IT IMPORTANT? Sustainability is critical for improving quality of life and protecting the environment for the future. Implementing sustainable processes and objectives in a supply chain is important for upholding three key responsibilities for the long-term growth and success of a [...]
