Nearly half of 400 insurance executives participating in a new survey have said their current priorities centre on improving profitability rather than growing their businesses.
Cyber attacks on shipping industry in 2023 cost the target organisation an average of $550,000, a threefold increase from $182,000 in 2022, according to a new report by law firm HFW and maritime cyber security company CyberOwl.
While AI tools like ChatGPT are changing how people work and unforeseen business risks arise, the current economic climate is also creating new concerns.
The links between weather phenomena at widely separated locations on Earth, also called climate teleconnections, are increasingly getting stronger globally.
Singapore is witnessing a rapid rise in its ageing population, with a projected 27% of residents aged 65 and above by 2030. In 2022 residents aged 65 years and above made-up 16.6% of the total resident population in the country.
Data from Net Zero Tracker shows that over 1000 large companies have set net-zero targets, however, only 4% of these commitments meet best-in-class standards set by the UN.
In Japan, companies are taking a wide range of initiatives related to health and productivity management to keep their employees healthy and enhance their work performance.
In a commentary the credit rating agency AM Best said that “it is too soon to cite AI as the leading cause of the job losses, at least at this nascent stage.” Instead, the layoffs likely fall into “the cyclical, rather than the structural, category.”
The report covers over 3,594 sub-national areas or 99.99% of the world’s population; assessing threats related to food risk, water risk, rapid population growth and natural disasters.
Company directors in Australia who fail to account for nature-related risks may be liable under Australian corporations law 2021, according to a new legal opinion document backed by lawyers and environmental groups.
A new survey has revealed that for the first time, businesses are more concerned about extreme weather affecting operations in 2030 than they are about cyber attacks.