Supply Chain
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April 28, 2022
Dutch group says EU’s sustainability directive falls short on supply chain impacts
The EU’s planned Corporate Sustainability Due Diligence Directive (CSDD), which is designed to tackle human rights and environmental impacts across…
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April 26, 2022
Finland’s Wärtsilä to write off €200m of Russian assets and interests
Finnish marine technology firm Wärtsilä has been forced to write off close to €200m of Russian assets and business operations…
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April 22, 2022
Beazley’s poll finds low resilience to war risk
Business leaders and insurance buyers said their firms have low resilience to war and terror risks when surveyed before Russia’s…
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April 14, 2022
European business calls on China to relax Covid curbs in face of supply chain crunch
The European Union Chamber of Commerce in China confirmed this week to news agency Reuters that it has sent a…
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April 13, 2022
Airbus takes big reputational risk on Russian titanium
As Ukraine's President Volodymyr Zelenskyy urges the European Union to stop buying Russian oil and other core exports, Netherlands-based aerospace…
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April 12, 2022
Ericsson sets aside €90m for suspension of Russian operations
Swedish telecoms giant Ericsson has announced an indefinite suspension of all of its activities in Russia and set aside SEK900m…
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April 12, 2022
Ukraine crisis accelerating need for supply chain changes
The Russia-Ukraine conflict is hammering home the need for corporates to prioritise supply chain risk management and resilience over costs,…
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April 12, 2022
Belgian health authorities close chocolate factory over salmonella outbreak
Italian confectioner Ferrero has been forced to close its Belgian production plant by local authorities over an outbreak of salmonella.…
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April 8, 2022
Ukraine war intensifies ESG focus
The conflict in Ukraine is adding another dimension to the ESG risk profiles of many European corporations, according to broker…
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April 8, 2022
UK firms most worried about energy prices and supply chain risk
The UK’s Office for National Statistics (ONS) has released an analysis of leading business concerns that finds supply chain problems,…
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April 8, 2022
Ukraine conflict intensifies German auto market supply bottlenecks
A shortage of primary products has significantly hit the registration of new passenger cars in Germany and exports, with the…
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April 7, 2022
Moody’s warns commodity price and supply chain risks to hit growth
Risk managers at banks and other players in the financial services market, including non-life insurers, face fast-rising risks as Russia’s…
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April 7, 2022
Ukraine conflict will heighten supply chain risks and drive inflation: IMF
The global supply chain crunch that came with Covid-19 and has more recently been exacerbated by Russia’s invasion of Ukraine…
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April 6, 2022
Gazprom Germania nationalised to tackle gas supply risk
The German government has reportedly transferred ownership of the German subsidiary of Russian gas giant Gazprom to the Federal Network…
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March 30, 2022
Maersk warns of further supply chain delays as Shanghai locks down
Shipping firm Maersk has warned of further supply chain disruption and higher costs following the new Covid-19 lockdown in Shanghai.…
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March 30, 2022
Italian steel sector grinds to a halt because of supply chain crunch
Almost all of Italy’s steel mills have reduced or halted their activity because of higher energy prices and lack of…
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March 29, 2022
Fish farming moves onshore
Certain cities are icons for specific industries or products. For instance, Hollywood means movies. Stuttgart signifies cars. With Bergen, Norway,…
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March 21, 2022
Danish firms issue guidance on managing risks from Ukraine conflict
The Danish Confederation of Industry (DanksIndustri (DI)) has advised its 18,000 member firms across all sectors to take extra care…
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March 17, 2022
Supply chain rethink needed as China’s Covid shutdown and Ukraine war ramp up further pressure
As Covid-19 shuts down parts of China once again and Russia’s invasion of Ukraine puts yet further pressure on global…
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March 10, 2022
EU supply chain due diligence proposal fails to match UN/OECD guidelines
The EU’s recently published proposal for a directive on corporate sustainability due diligence is an attempt to bolster efforts to…