Child labour

Government must end era of throwaway fashion

Retrieved on: 
Tuesday, February 19, 2019

The Environmental Audit Committee report on Fixing Fashion: Clothing consumption and sustainability published

Key Points: 


Taxation should also be reformed to reward companies that offer clothing repairs and reduce the environmental footprint of their products.

Chair's comments

  • Fast fashion means we overconsume and under use clothes.
  • As a result, we get rid of over a million tonnes of clothes, with 140m worth going to landfill, every year.
  • Behind the perfect Instagram profiles and the pristine shop fronts of our fashion retailers the reality is shocking.
  • Illegally low pay, the use of child labour, prison labour, forced labour and bonded labour in the global garment supply chain.

Committee’s key recommendations

    Sustainable clothing: “voluntary approach has failed”

    • It concludes that a voluntary approach to improving the sustainability of the fashion industry is failing with just 10 fashion retailers signed up to reduce their water, waste and carbon footprints.
    • It is also recommended that Government work with retailers to increase use of digital supply chain technology for better traceability.

    New economic models for fashion

    • The MPs say that we need new economic models for fashion which are based on reducing the material consumption associated with growth.
    • To drive improvements, the Government should reform taxation to reward fashion companies that design products with lower environmental impacts.

    Government must act to end the era of throwaway fashion

    • Around 300,000 tonnes of clothing ends up in household bins every year with around 80% of this incinerated and 20% sent to landfill.
    • The Government should offer incentives for design for recycling, design for disassembly and design for durability.

    Changing the law to end labour exploitation

    • Most clothes sold in the UK are produced in Asian countries with low labour costs and weak environmental governance.
    • Recently there has been a growth in garment manufacturing in UK as brands and retailers seek to respond faster to consumer demand.

    Further information

    Government must end era of throwaway fashion

    Retrieved on: 
    Tuesday, February 19, 2019

    The Environmental Audit Committee report on Fixing Fashion: Clothing consumption and sustainability published

    Key Points: 


    Taxation should also be reformed to reward companies that offer clothing repairs and reduce the environmental footprint of their products.

    Chair's comments

    • Fast fashion means we overconsume and under use clothes.
    • As a result, we get rid of over a million tonnes of clothes, with 140m worth going to landfill, every year.
    • Behind the perfect Instagram profiles and the pristine shop fronts of our fashion retailers the reality is shocking.
    • Illegally low pay, the use of child labour, prison labour, forced labour and bonded labour in the global garment supply chain.

    Committee’s key recommendations

      Sustainable clothing: “voluntary approach has failed”

      • It concludes that a voluntary approach to improving the sustainability of the fashion industry is failing with just 10 fashion retailers signed up to reduce their water, waste and carbon footprints.
      • It is also recommended that Government work with retailers to increase use of digital supply chain technology for better traceability.

      New economic models for fashion

      • The MPs say that we need new economic models for fashion which are based on reducing the material consumption associated with growth.
      • To drive improvements, the Government should reform taxation to reward fashion companies that design products with lower environmental impacts.

      Government must act to end the era of throwaway fashion

      • Around 300,000 tonnes of clothing ends up in household bins every year with around 80% of this incinerated and 20% sent to landfill.
      • The Government should offer incentives for design for recycling, design for disassembly and design for durability.

      Changing the law to end labour exploitation

      • Most clothes sold in the UK are produced in Asian countries with low labour costs and weak environmental governance.
      • Recently there has been a growth in garment manufacturing in UK as brands and retailers seek to respond faster to consumer demand.

      Further information

      Government of Canada commits to measures towards ending child and forced labour in corporate supply chains

      Retrieved on: 
      Tuesday, February 12, 2019

      OTTAWA, Feb. 12, 2019 /CNW/ - The Government of Canada announced on Friday that it would initiate consultations on corporate supply chain legislation this year.

      Key Points: 
      • OTTAWA, Feb. 12, 2019 /CNW/ - The Government of Canada announced on Friday that it would initiate consultations on corporate supply chain legislation this year.
      • The statement is an official response to an October 2018 parliamentary report, A call to action: ending the use of all forms of child labour in supply chains which received cross-party support.
      • Each year, more than $34 billion of products are imported into Canada that may have been made by child or forced labour.
      • "Reducing the likelihood of child labour and human rights abuses in corporate supply chains transcends partisan politics and is something all political parties and leaders should rally behind.

      Cobalt Blockchain Announces Closing of First Tranche of Private Placement for $1.5 Million

      Retrieved on: 
      Friday, February 1, 2019

      Each Warrant entitles the holder thereof to purchase one additional Common Share at a price of $0.20 for a period of five years.

      Key Points: 
      • Each Warrant entitles the holder thereof to purchase one additional Common Share at a price of $0.20 for a period of five years.
      • The securities to be issued in connection with the Offering are subject to a statutory four-month hold period from the date of issuance.
      • COBC management will be attending upcoming conferences including:
        Investing in Africa Mining Indaba (Cape Town, Feb 4 - 7).
      • Through its wholly owned DRC subsidiary it holds processing and export licenses for tin, tantalum, tungsten, copper and cobalt.

      Canadians Speak Out Against Child Labour in Supply Chains

      Retrieved on: 
      Tuesday, January 29, 2019

      Public pressure continues to build as conscientious consumers, youth groups and artists call on the Government of Canada to introduce supply chain legislation.

      Key Points: 
      • Public pressure continues to build as conscientious consumers, youth groups and artists call on the Government of Canada to introduce supply chain legislation.
      • "But the fact that child labour may have contributed to what I buy has made me second guess what's important to me.
      • With this legislation, it would be the responsibility of Canadian companies to take action to address labour exploitation in their supply chains."
      • (World Vision)
        Canada risks falling behind in the global fight to eliminate child and forced labour in supply chains.

      Cobalt Iron Expands Channel Partner Support with Launch of Dedicated Online Partner Portal

      Retrieved on: 
      Tuesday, January 22, 2019

      Cobalt Iron Inc., a leading provider of enterprise data protection SaaS, has launched the Cobalt Iron Partner Portal, an online portal where the companys partners can access collateral, register deals, request sales support, and find answers to frequently asked questions.

      Key Points: 
      • Cobalt Iron Inc., a leading provider of enterprise data protection SaaS, has launched the Cobalt Iron Partner Portal, an online portal where the companys partners can access collateral, register deals, request sales support, and find answers to frequently asked questions.
      • Channel partners, service providers, certified platform partners, and integration partners we consider everyone to be just that: our partner, said Andy Hurt, CMO at Cobalt Iron.
      • It is through our partner ecosystem that we deliver smart, secure, and automated data protection everywhere, and the new Cobalt Iron Partner Portal reflects our commitment to supporting that partner ecosystem and enabling sales.
      • The Cobalt Iron Partner Portal is live now, and the login page can be accessed via the Partner Portal button at the top right of www.cobaltiron.com .

      The Democratic Republic of the Congo's Mining Fiscal Regime 2018 - ResearchAndMarkets.com

      Retrieved on: 
      Friday, January 11, 2019

      The "The Democratic Republic of the Congo's Mining Fiscal Regime 2018" report has been added to ResearchAndMarkets.com's offering.

      Key Points: 
      • The "The Democratic Republic of the Congo's Mining Fiscal Regime 2018" report has been added to ResearchAndMarkets.com's offering.
      • The Democratic Republic of the Congo's Mining Fiscal Regime 2018 covers the country's governing bodies, laws, rights, and obligations, licenses, and taxes and royalties related information on various mineral commodities.
      • To identify country's mining governing bodies, major laws in the industry, ownership and licenses
        2 The Democratic Republic of the Congo's Mining Fiscal Regime: Key Highlights
        3 The Democratic Republic of the Congo's Mining Fiscal Regime: Ease of Doing Business
        4 The Democratic Republic of the Congo's Mining Fiscal Regime: Governing Bodies and Agencies
        5 The Democratic Republic of the Congo's Mining Fiscal Regime: Laws, and Regulations
        5.2 Impact of the new Mining code on the industry: Law No 18/001
        5.2.1 Impact on Cobalt supplies:
        6 The Democratic Republic of the Congo's Mining Fiscal Regime: Mineral Licensing and Fees as per the New Mining Code of 2018
        7 The Democratic Republic of the Congo's Mining Fiscal Regime: Royalty and Taxes

      Global EV Demand Drives Scramble for Fresh Supplies of Vital Metals

      Retrieved on: 
      Wednesday, January 9, 2019

      With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise.

      Key Points: 
      • With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise.
      • The growing market for electric vehicles has led to much higher demand for battery metals such as cobalt, lithium and nickel.
      • Numerous global corporations are competing for access to limited supplies of battery metals.
      • In addition to creating new demand for battery metals, EVs are also challenging nations to compete in order to expand battery-producing capacity.

      Global EV Demand Drives Scramble for Fresh Supplies of Vital Metals

      Retrieved on: 
      Wednesday, January 9, 2019

      With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise.

      Key Points: 
      • With global electric vehicle (EV) demand growth creating the potential for tight supplies in battery metals such as cobalt, multinational companies and industrialized nations are working to secure these critical metals as prices are projected to rise.
      • The growing market for electric vehicles has led to much higher demand for battery metals such as cobalt, lithium and nickel.
      • Numerous global corporations are competing for access to limited supplies of battery metals.
      • In addition to creating new demand for battery metals, EVs are also challenging nations to compete in order to expand battery-producing capacity.

      Price of Cobalt Climbs as Demand for Lithium-Ion Batteries Continues to Grow

      Retrieved on: 
      Monday, October 22, 2018

      Robust demand from the battery sector had contributed most to the growth of the cobalt market and had accounted for about 53% of the total cobalt consumption.

      Key Points: 
      • Robust demand from the battery sector had contributed most to the growth of the cobalt market and had accounted for about 53% of the total cobalt consumption.
      • The Democratic Republic of the Congo accounted for 70% of cobalt mine supply in 2017, which has caused supply concerns.
      • The tightness in the cobalt supply market caused the cobalt price to skyrocket over the past 18 months.
      • EVX's geological team believed there was potential for high-grade cobalt in this geological setting and during sampling realized this potential.