Elisabetta Iannelli

#Duediligence Alert: The Italian Competition Authority (AGCM) has fined #GiorgioArmani SpA and GA Operations SpA €3.5 million for misleading ethical and social responsibility statements that didn't reflect the actual working conditions at suppliers and subcontractors to whom production had been outsourced. This follows the #Dior case a few months ago. The AGCM cited declarations in the Armani Code of Ethics, the Armani Values website (www.armanivalues.com) and the Armani website (www.Armani.com). Giorgio Armani SpA responded with surprise and plans to challenge the decision in the Regional Administrative Court (TAR), stating that they have always operated in fairness and transparency. This is the latest in the growing list of cases brought by competition authorities in France and Italy against companies whose #humanrights and #environmental claims are vague, unsubstantiated or false. It's important to note that the crux of the matter in each case was the failure to conduct due diligence, including the tracing and verification of production sites and standards. EU due diligence laws may be in flux, but prosecutors and competition authorities are reminding us that the risks to consumers, investors, companies and stakeholders are real. What should companies do now? Doubling down on announced audits of known suppliers will achieve nothing. This is not about the knowns, it's about the unknowns, the risks of subcontracting, of price-driven corner-cutting. Companies need to ask themselves how they may be causing or contributing to supplier attempts to evade labour laws, collective agreements, taxes and social security contributions. In short, companies need better risk identification, then they can target their audits. Michael Posner Dorothee Baumann-Pauly Justine Nolan Markus Löning Christine Kim Equiception Business and Human Rights Simone Cipriani Matteo Ward Ken Pucker

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Temu and CODICI Centro per i diritti del Cittadino Join Forces to Strengthen Consumer Protection Temu and the Centre for Citizens’ Rights (CODICI) have entered into a five-year collaboration to advance consumer protection and product compliance. The collaboration includes: ✅ A joint monitoring program with annual reviews of product compliance. ✅ A dedicated escalation channel to promptly address product safety concerns. ✅ Joint participation in institutional initiatives to combat counterfeiting and greenwashing while promoting product compliance. CODICI has been committed to protecting citizens’ rights in Italy for over 30 years. Through its nationwide activities, it provides assistance and support to consumers and users. CODICI is a member of CIE (Consumatori Italiani per l'Europa), which is part of the BEUC network (Bureau Européen des Unions de Consommateurs). CODICI is also a member of the CNCU (National Council of Consumers and Users) at the Ministry of Enterprises and Made in Italy. Together, Temu and CODICI will foster transparency, share best practices, and explore annual reporting on key achievements and initiatives – driving meaningful progress toward a safer, more responsible digital ecosystem for all consumers.

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What is the real cost of closing a #hospital? In some cases, it may be lives. A new study published in the Journal of #Health Economics finds that hospital closures in Italy led to a 10% increase in in-hospital mortality from heart attacks, along with longer patient stays. The research — by Simone Ghislandi (DONDENA, Bocconi), Anna-Theresa Renner (TU Wien) and Nirosha Elsem Varghese (CERGAS, Bocconi) — analyzes data on acute myocardial infarction (AMI) patients between 2008 and 2015. The main cause? Longer travel times to hospitals. When local hospitals are shut down without adequate planning, patients — particularly in #emergency conditions — face delays that can cost them their lives. “Our study shows that closures had a significant negative impact on patients’ health, especially for heart attack cases. Increased travel time is the key driver behind higher in-hospital mortality,” explains Simone Ghislandi, Associate Professor of Health Economics at Bocconi. The study also finds that older adults, women and patients in southern Italy suffered more from closures, highlighting the link between geographic inequality and health outcomes. As countries across Europe consider healthcare reforms and cost-saving measures, this research raises a critical point: rationalizing hospital networks cannot come at the expense of timely access to care. “Infrastructure, geography and demographics matter,” Ghislandi concludes. “Efficiency cannot ignore equity.” 👉 To read more about this topic: https://lnkd.in/dVSJDU6a

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Next week will be extraordinary for our Department of Economic Policy at the University Cattolica. We will be hosting three workshops covering: many of the hottest topics. in innovation: - The Role of the Public and Private Sectors in Pharmaceutical Breakthrough Innovations (3PBI) - Innovation and labor market dynamics and, joint with other institutions,  - The Economics of New Technologies and Global Change (ENTeG) All programs are here: https://lnkd.in/dt8tECNV

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Focused on #education, the event promoted by AVSI and moderated by Italian journalist Eva Crosetta, highlighted clear recommendations for collaboration between civil society and institutions, in order to make the impact of every project stronger. "To improve education, we must expand access and quality by investing in teacher training; strengthen collaboration among institutions, families, and civil society; and create safe spaces where children can learn and play." - stated Giampaolo Silvestri, AVSI Secretary General - "This is what we aim to do through a major initiative under the Mattei Plan, supported by Italian Cooperation funds and private partners, the Reussir project." "A further aspect to consider is the 'soft' dimension of institutional strengthening: if we consider how early childhood education helps new generations recognize themselves and others as rights-holders and community members, it becomes clear that this is precisely where the Mattei Plan contributes to reinforcing institutions in the countries where it operates," added Fabio Massimo Ballerini, Counsellor at the Presidenza del Consiglio dei Ministri and Director of the Mattei Plan Mission Structure. And as Stefano Gatti, Director General for Development Cooperation at Ministero degli Affari Esteri e della Cooperazione Internazionale, concluded "we must not forget that the impact of these initiatives also depends on the scale of the projects. To truly enhance the effectiveness of our actions, we must invest in larger initiatives with proven results. Bigger projects allow for broader reach, stronger evidence, and more sustainable change."

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