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GenuTrace, Kinset partner to verify cotton origins for compliance
Yahoo Finance· 2026-02-11 11:15
Core Insights - The partnership between GenuTrace and Kinset aims to enhance compliance with new regulations on environmental claims and forced labor in supply chains, particularly in Germany and the US [1][5][6] Regulatory Context - Germany's amended Act Against Unfair Competition enforces a ban on unverifiable environmental claims, requiring specific proof of sourcing rather than mere intent [2] - The US Uyghur Forced Labor Prevention Act (UFLPA) mandates that importers provide evidence that their cotton is not linked to forced labor [1][2] Technological Solutions - GenuTrace offers fibre-level isotope testing for independent verification of cotton's geographic origin, while Kinset provides digital infrastructure to organize and link supplier data throughout the value chain [2][3] - The collaboration integrates physical verification of cotton fibres with digital records, facilitating compliance with upcoming Digital Product Passport (DPP) requirements [1][6] Industry Implications - The initiative is designed to help brands navigate increasing regulatory scrutiny and improve traceability and disclosure standards across multiple regions [4][5] - Companies are now required to substantiate their claims with direct evidence, shifting the focus from intent to proof of origin [4][5] Operational Benefits - This approach allows for earlier detection of sourcing risks and prepares companies for audits, ensuring consistent declarations across markets [5] - The collaboration aims to strengthen compliance without necessitating a complete overhaul of existing systems [7]
Identiv Partners with Narravero to Accelerate Digital Product Passport Adoption and Compliance
Prnewswire· 2025-07-02 11:00
Core Insights - Identiv, Inc. has partnered with Narravero GmbH to accelerate the commercialization of integrated solutions for Digital Product Passports (DPPs) in compliance with upcoming EU regulations [1][2][3] - The collaboration combines Identiv's NFC inlays for dynamic product data with Narravero's data management platform, creating a comprehensive solution for DPP deployment [1][3] - DPPs will be mandatory under new EU sustainability rules starting in 2027, presenting opportunities for improved supply chain efficiency and customer engagement [2][3] Company Overview - Identiv, Inc. specializes in RFID- and BLE-enabled IoT solutions, creating digital identities for physical objects and enhancing global connectivity across various sectors [5] - The company has integrated its solutions into over 1.5 billion applications worldwide, driving innovation in industries such as healthcare, consumer electronics, and luxury goods [5] - Narravero GmbH offers an end-to-end SaaS platform for DPPs, focusing on regulatory compliance and data integration, with over 200 clients across twelve industries [6]