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 could be bigger than all aviation and shipping combined – The Echo echo.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from echo.net.au Daily Mail and Mail on Sunday newspapers.
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.
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. .
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 .