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OECD reports US$464 billion in world trade of counterfeits

The Organisation for Economic Co-operation and Development (OECD), an intergovernmental economic organisation with 38 member countries, has released “Global Trade in Fakes: A Worrying Trend”, a report which quantifies the magnitude, value, scope and trends of global trade in counterfeit and pirated goods, also known as fakes. The report was published June 22 and estimates that the volume of international trade in counterfeit and pirated products amounted to as much as US$464 billion in 2019, or 2.5% of world trade.

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Leathermaking with pride

Modern geopolitics has become a major influence on the leather industry in a way that is unusual outside of war, albeit, it was the slower application of geopolitical trends that pushed leather making out of the more advanced economies and into the emerging markets. 

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JBS receives commendation from CDP

CDP (Driving Economies Sustainable), an international NGO which supports development of sustainable economies, has given a commendation to JBS, the Brazilian meat giant, for its deforestation risk management system during farm commodity purchases.

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German tanners increase turnover and employment

The German economy remains in a robust condition and having moderate growth in 2014. Led by strong exports supported by a weak Euro and improving domestic demand the German tanning industry has increased its sales turnover during the first half of 2015.

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JBS voted the company with biggest advance to reduce deforestation

JBS has made bigger inroads than any other food company over the past year in efforts to stop deforestation in its supply chain. This is the conclusion from a report called "Supply chains without deforestation: From commitment to action", produced by the CDP - Driving Economies Sustainable, an international NGO which supports development of sustainable economies and uses corporate data on climate change, water and forest utilisation to publish information for 240 global investors who represent US$15 trillion in assets.

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