The journey from simple compliance to comprehensive risk management isn't easy, but it's essential for organizations operating in today's complex global environment.

The alert from shipping companies comes as the IMO hosts an event in London this week to debate measures to reduce the sector’s carbon footprint. 

In the last 50 years, purchasing has transformed from a transactional role into one that’s more strategic, aligned with long-term business requirements.

Campaigners now want a review of the seasonal agricultural worker scheme and of any exploitation risks it presents.

The drinks company imports aluminum for its cans from Canada, which is likely to be hardest hit by a 25% tariff on aluminum.

Just 9% of small-to-medium-sized businesses were willing to invest more than 5% of their operating budgets in sustainability, with 16% planning to invest nothing.

After adding PVH to its "unreliable entities list," China is now allowed to fine the company, shut down its stores and manufacturing, and deport its employees. 

Rather than asking “how can we avoid negative publicity during a recall?,” food businesses can flip the question to “how can we harness the power of the media to help us protect the public and our brand?"

Leaders announced the reintroduction of the Railway Safety Act, which was first proposed in Congress the month after the derailment in 2023, but died in committee months later.

Global sourcing allows businesses to realize cost efficiencies, access to innovation, broader market exposure and improved quality of products — provided that they implement some key strategies.