Alex Money’s Post

For anyone wondering whether or not companies are using an internal price of water to make their business decisions 👇👇👇 In most places, the price of water does not reflect its value. This can result in a significant over- and misuse of water. Plus - it’s very difficult to justify water saving measures, such as recycling, when pitcunh these to management. They simply don’t pay off in most cases. However, only considering the price of water for these kind of decisions can be a bit shortsighted. What if available water suddenly declines or water demand increases and you experience a water shortage in your area of production? What if using the same amount of water per unit of production will require a new wastewater treatment plant when expanding production? And how much does it actually cost to use water, if any additional processes, such as producing ultra pure water or having to heat it to high temperatures? To understand the true cost of your water, you can assess your “internal price” of water, i.e. what is the true price you need to pay for each unit of water. Once established you can use this for any cost-benefit analyses to decide on future investments and strategies. Thanks Alex Money for sharing this paper 💦 #watermanagement #waterpollution #watersolutions #bestpractice #sustainabledevelopment #sustainablefinance #geopolitics #waterpollutionawareness #impactinvestment #sustainability #watercrisis #waterrisk

Trade-Approved vs. Price Computing Scales: What’s a Trade-Approved Scale? First and foremost, when you sell products by weight, you are legally required to use a trade-approved weighing scale to determine prices. Trade-approval is an extra certification that signifies your readings are accurate enough to be used for commercial purposes. If you’re discovered to have been using a scale that isn’t trade-approved to set prices, you could be heavily fined. For a small business, fines can be a monumental setback for operations. Some industries, like the botanicals industry, simply employ trade approved scales not to price by weight but to ensure that everything is accurately and correctly tracked – recording the value in a trustworthy manner. Different regions have a different association that grants trade approval. In the United States, scales are granted approval from the National Type Evaluation Program (NTEP) while Canada grants Measurement Canada approval. Europe gets European Commission (EC) approval, while in South Africa it’s from the National Regulator for Compulsory Specification (NCRS). Finally, Australia is approved by the National Measurement Institute, or NMI. #Trade #approval #scales #industry #calibration #weighing #price #computing

Another NCM meeting today (and fair enough). Good to see such clear language re the essentials from the Minister. Good to hear that CNI's/EMS are okay, as are our food/grocery supply chains. I hope the messaging from governments about the sheer economic impacts of this attack is the harbinger of hastened effort/focused minds from policymakers on the need to enact software regulation or at least map their economies' software supply chains. https://lnkd.in/g-5QfRF4

🎁 Sharing the PESTEL Analysis Playbook, written by alums of McKinsey & Company in the Umbrex Strategy Practice. If you'd like a copy (no charge), please let me know in the comments 👇 This resource offers a step-by-step guide to analyzing these forces on a company or industry: 🏦 Political 💵 Economic 🍼 Social 📱 Technological 🌊 Environmental ⚖️ Legal The guide includes questions to ask for each of those areas and ten sample PESTEL analyses. Here are a sample of questions from the playbook, to analyze political forces Regulatory Environment: • What are the key government regulations affecting the industry? • Have there been any recent changes in these regulations? • How do these regulations impact the operations of companies in the industry? Political Stability: • How stable is the political environment in the regions where the industry operates? • Have recent political events impacted the industry? Government Policies: • Are there any government policies that significantly influence the industry? • How do government policies support or hinder the growth of the industry? Trade Policies: • What are the trade policies that affect this industry? • How do tariffs, trade restrictions, or agreements impact the industry? • Are there any expected changes in these trade policies? Taxation: • How do tax laws and rates impact the industry? • Are there any recent or upcoming changes to tax legislation that could affect the industry? Political Relations: • How do relations between the country where the industry is based and other countries affect the industry? • Are there any geopolitical risks that could impact the industry? Government Initiatives: • Are there any government initiatives or programs that impact the industry? • How does government funding or incentives affect the industry? ✍️ Let me know if you'd like a copy of the playbook 🔔 Join 66K who follow me, Will Bachman, for consulting resources ♻️ Repost if your connections may find this resource valuable

The proposed amendments to the deposit-refund system regulations have been published on the Polish Government Legislation Center's website! Here are the key assumptions: 👍 The implementation date remains January 1, 2025. 👍 Deposits will now be linked directly to the products, simplifying returns. 👍 Increased product fees starting from 2026 to enhance system sustainability. 👍 Integration of reverse logistics for more efficient collection. 💰 VAT responsibilities are clearly defined, with representative entities handling VAT on unreturned deposits. 👎 Collection targets have been set at 77% until 2029, with no incremental increases planned. 👎 The system will not cover packaging for milk and milk beverages. For our Polish-speaking followers, here is the link to the draft legislation: 🔗 chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://lnkd.in/dp_T4zk7

FuelEU clauses for time charter parties | Any optimal solutions?   The FuelEU Regulation will impact the trading patterns and contracts for virtually all ocean-going vessels trading in the EU. This includes existing and new time charter parties - and as the regulation will be effective as of 1 January 2025, no time is to be wasted. We have therefore at Gorrissen Federspiel drafted clauses for time charter parties, among other contracts, to prepare owners, charterers and others on the FuelEU Regulation.   Based on this experience, I’m happy to have drafted a newsletter on time charter party clauses together with Johan Casper Hennings and Morten Berggreen. In this, we have set out our thoughts on how the FuelEU Regulation could be handled in time charter parties. We argue that the main purpose of the clause should be to achieve the aims of the FuelEU Regulation, including the ‘polluter pays’-principle, while still avoiding that the clause unduly impairs the charterers’ free and effective use of the vessel and ability to trade EU waters. Specifically, we suggest the following:   🛢 Charterers should remain at liberty to use conventional fuels and not be required to procure fuels that ensure that the GHG intensity target is met.   💲Charterers should make monthly payments based on the calculated FuelEU penalty, if any, to protect owners against build-up of FuelEU penalty.   ⚓ Parties may agree on an adjustment of the final compensation to owners based on actual costs of pooling and/or final verified data.   💹 In long-term charters, parties may consider giving charterers’ control on the handling of compliance balance (with due protections for owners).   The clause should, preferably, fit the parties’ setup and practices in respect of ETS. In all cases, however, parties should recognise that no size fits all.   More will surely come on FuelEU from us and others but in the meantime: Enjoy the read! Link: https://lnkd.in/dwBH5ujp

The Open eBL initiative represents a bold step forward in the digitization of global trade by prioritizing interoperability, cost-efficiency, and inclusivity to create a scalable solution accessible to all supply chain stakeholders. https://lnkd.in/e-gZqHsq

EPR then.. what and who is a bit of a mess isnt it.. I mean PRNs continue as they always have done, but for ‘household’ waste whats the score? Obviously we know that any wine sold in an off trade environment is - assuming the ‘producer’ is a £2m business payable. But what about the on-trade? Well to the letter of the law, the end consumer buying a bottle of wine in the on trade makes that bottle count as household waste. But wait, if the consumer buys a glass of wine then it is exempt.. to the letter of the law as written.. we can take that further a 75ml carafe or jug of wine is also exempt.. so if a publican opens a bottle of wine and pours it into a carafe then technically that becomes exempt. Department for Environment, Food and Rural Affairs this seems a bit foolish? Surely we should just have one simple way to manage this. After HM Treasury put the boot into Hospitality recently, the last thing we need is yet more admin burden and bureaucracy that risks higher levels of avoidance in the system. EPR is a good thing, but lets keep it that way and make it clear, consistent and easy to manage.

The total cost of a product or service should always be displayed upfront. If mandatory charges (not taxes) like processing, booking, administrative, or cleaning fees are added, it’s called drip pricing, and it's against the law. Check out our new alert on how to spot drip pricing and where to report it: https://lnkd.in/eJ97dbcx

💠 On April 23, the European Parliament approved the extension of the duty-free trade agreement with Ukraine until June 2025, but now with protection for EU farmers. The decision was voted for by 428 MPs, against by 131, and abstentions by 44.  💠 According to the resolution, the European Commission may take swift action if imports of certain products from Ukraine cause significant disruptions to the EU market or the markets of one or more EU member states. In particular, the possibility of emergency braking is envisaged for the segment of particularly sensitive agricultural products (poultry, eggs, sugar, oats, cereals, corn and honey). If the imports of these products exceed the average imports recorded in the second half of 2021 and for the entire 2022 and 2023, the tariffs may be reintroduced. 💠 The Council of the European Union must now formally approve the new rules. The current trade measures will expire on June 5, 2024, and the new rules should take effect immediately. For a more extensive understanding of the ongoing market situation, explore eeu.wtmreport.com Should you have any inquiries, feel free to reach: Nataliia Krut (Наталья Круть) n.kruti@metalcourier.com, +38 066 419 98 91 (WhatsApp, Telegram)