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Manage supply chain risks well for a competitive edge - Vimarsana News

Manage supply chain risks well for a competitive edge

Companies face up to $120bn in costs from environmental risks in their supply chains between 2021 and 2026, according to environmental disclosure platform CDP. The risks come from a variety of sources, including natural disasters and government policies. Some firms are using AI to screen potential partners for compliance with laws and regulations, while others are engaging risk consultancies to carry out deeper diligence exercises. Monitoring systems are also being used to stay ahead of emerging risks, covering geo-political, environmental, key person, catastrophe and financial risks.

Militaries emissions bigger than many countrys GHG inventory - Vimarsana News

Militaries emissions bigger than many countrys GHG inventory

Respected science journal Nature calls on world militaries to decarbonise estimating that together defence forces produce up to 2.2billion tonnes of CO2 a year.

Key OPEC+ producers Russia, Iran discuss further cooperation amid sanctions | Hellenic Shipping News Worldwide - Vimarsana News

Key OPEC+ producers Russia, Iran discuss further cooperation amid sanctions | Hellenic Shipping News Worldwide

Russia and Iran are looking to increase energy cooperation at a time when their sanctions-hit crudes are competing for customers seeking discounts. Russian and Iranian officials discussed oil and gas supply swaps, as well as increasing joint energy investments May 25, as an increasingly isolated Moscow seeks more trade partners due to unprecedented sanctions pressure. ...

Russian financial system increasingly backed by commodity collateral as default looms - Vimarsana News

Russian financial system increasingly backed by commodity collateral as default looms

Russia will increasingly use barter and specific currency transactions for energy supplies, an S&P Global Commodity Insights analyst said May 24, as a default looms for billions of dollars in foreign currency reserves if the US allows a key waiver to expire May 25. “Ultimately, Russia is likely to see its financial system backed by ...

Russia losing OPEC+ clout as Ukraine war weakens oil market role | Hellenic Shipping News Worldwide - Vimarsana News

Russia losing OPEC+ clout as Ukraine war weakens oil market role | Hellenic Shipping News Worldwide

OPEC and Russia remain aligned but the Kremlin’s influence within the group of major oil producers looks diminished by sanctions and the international backlash to its war in Ukraine. As the OPEC+ alliance prepares to hold its next virtual meeting May 5 to decide on June crude output levels, Russian production is already on the ...