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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.
From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.
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Recent Editions
Risk Channel
North America
Norway's sovereign wealth fund plans to support a shareholder proposal demanding PepsiCo conduct a biodiversity risk assessment. The fund believes that the board should account for sustainability risks and the broader environmental and social consequences of PepsiCo's operations and products. PepsiCo's board, however, argues that a biodiversity assessment is unnecessary. The proposal by Green Century Capital Management warns that PepsiCo may be exposed to unnecessary risks if it doesn't fully assess its dependency on natural systems. German asset manager Allianz Global Investors also supports the biodiversity proposal. Additionally, Norway's sovereign wealth fund will vote against the compensation of PepsiCo's executive officers and the reelection of PepsiCo's chairman and CEO. The fund believes that the roles of chairperson and CEO should be separated.
Full Issue
Risk Channel
UK/Europe
New physical product inspections at UK ports may incur costs and increase supply chain delays, business owners have warned. As of today, physical inspections will be introduced at UK ports on animal products, plants, and plant products coming from Europe. Business owners and industry leaders have voiced concerns about the potential disruption caused by the reforms, pointing to price inflation and product availability issues. The new system will include a "common user charge" and additional costs for inspections. The new fees are set to cost businesses an additional £60,000 to £70,000 a year. Kate Foster, head of international at the Federation of Small Businesses, warned that the flat user fee could have a negative impact on small businesses that import goods of “low value and low volume” compared with larger companies. She said: “We're concerned that it would impact small businesses' ability to trade internationally, because the cost impact has the potential to be disproportionate.”
Full Issue
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