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Risk News

Harmonisation & Auditor Competency – LRQA Business Assurance on how these both Improve Performance & Reduce Risk

17th Feb 2012 by Cor Groenveld

When you look at LRQA’s auditors and our approach at audits, we are intensively training our people to make sure that they have a management system process based approach.

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Young Risk Professionals Event gets FERMA off to a great start

4th Oct 2011

Young Risk Professionals Event gets FERMA off to a great start FERMA’s objectives are to support the development of Risk Management in Europe and to be a significant stakeholder at European level on risk management and insurance issues.

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CEO Deutsche Bank addresses FERMA Conference

3rd Oct 2011

Peter den Dekker, President of FERMA gave a stirring speech on where FERMA is today and how the organisation has grown in size and influence since the 2009

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Risk managers under constant pressure to innovate, says FERMA president

3rd Oct 2011

Risk managers are under constant pressure to innovate, to find new and often imaginative ways of helping their companies

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LRQA Business Assurance Talks “Supply Chain Risks”

14th Sep 2011

“Companies are demanding that insurers be innovative. When the insurers try this, then the companies have to do their part and provide for proper risk management.”

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Organisational Resilience focus at ASIS Conference

29th Jun 2011

ASIS International released the for the ASIS Conference to be held in Florida from 19-22 July

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LRQA launches Food Sector Video for GFSI Conference

16th Feb 2011 by Alex Briggs

With the opening of the world’s most important food safety conference, The Global Food Safety Conference, LRQA has launched a food sector video.

In the video, Cor Groenveld, LRQA’s global food expert, Mark Overland, Cargill’s Global Director, Certification and Mike James, LRQA’s Managing Director talk about the benefits of taking a process-based management systems approach to addressing risks across the food supply chain.

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Canada Adopts ISO 31000 Risk Management Standard

5th Mar 2010

Canada has adopted the ISO 31000 Risk Management standard, CSA Standards announced February 4th 2010.

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TRUST comes by Food and leaves by Horse

12th Feb 2010

“A deliberate typo in relation to last week’s Global Food Safety Conference. Yet a relevant typo, as the issue is ‘who do you trust?’ I will explain later.”

Day Ten’s blogger is Ronald de Kok, LRQA.

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Business Risk Assessment Surveys Strengthen Your Risk Management Process

30th Jan 2010

Latest blog from Mis use of expenses, covers how you can use Risk Surveys to Identify, Assess and Mitigate Business Risks.

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Improving MBAs after economic downturn

28th Jan 2010

Jeanette Purcell, chief executive, Association of MBAs talks about the economic downturn and how it was was widely considered to have revealed some shortcomings in what is taught at business schools.

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Are risk managers doing unpaid overtime?

27th Jan 2010

According to new figures produced by the Trades Union Congress (TUC), a total of 5.07 million people regularly worked additional hours without receiving remuneration last year.

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Lloyd’s Register Copenhagen Audio Blog, December 17, 2009 – Energy Efficiency and the Rebound Effect

17th Dec 2009 by Alex Briggs

Lloyd’s Register Copenhagen Audio Blog, December 17, 2009 – Energy Efficiency and the Rebound Effect Today’s blog was phoned in by Sean Cuthbert, the Lloyd’s Register Energy’s leading climate change expert. The blog post is available as an audio file or as the transcript below.

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Skeptics, Standards, and Peak “Everything” – Lloyd’s Register Copenhagen Link of the Day, December 16th, 2009

16th Dec 2009 by Alex Briggs

Today’s Lloyd’s Register Copenhagen COP 15 blog post is from Sean Cuthbert, one of our leading climate change experts. Sean attended an oil industry meeting at the COP 15 conference and here are his thoughts.

Skeptics, Standards, and Peak “Everything”

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Lloyd’s Register Copenhagen Podcast Series, Episode 10, Interview with Policy Director, Nuclear Energy Institute

15th Dec 2009 by Alex Briggs

Lloyd’s Register Copenhagen Podcast Series, Episode 10, Interview with Policy Director, Nuclear Energy Institute Episode 10 in the Lloyd’s Register Copenhagen Podcast Series is an interview with Paul Genoa, Policy Director for the Washington D.C. based Nuclear Energy Institute. The interview was conducted at the Bella Centre in Copenhagen, Denmark during the COP 15 Global Climate Change Conference. Lloyd’s Register Energy’s leading climate change expert, Sean Cuthbert, is the interviewer.

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LRQA Food Safety Video Podcast Series, Episode 2

2nd Dec 2009 by Alex Briggs

Episode 2 in the LRQA Food Safety Video Podcast Series also features Cor Groenveld. Cor is one of the world’s leading experts on Food Safety. He is currently the chairman for the FSSC Foundation and was instrumental in the development of ISO 22000 and PAS 220. In this episode, Cor talks about PAS 220, the FSSC Foundation and the unique issues facing today’s global, complex food supply chains.

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LRQA Food Safety Video Podcast Series, Episode 1

17th Nov 2009 by Alex Briggs

Episode 1 in the LRQA Food Safety Video Podcast Series is an interview with Cor Groenveld, one of the world’s leading food safety experts. Cor is currently the Chairman of the Board of the Foundation for Food Safety Certification. The foundation are the owners of FSSC 22000, which combines ISO 22000 and PAS 220 to offer a comprehensive food safety solution for food organisations and their suppliers. In episode 1, Cor about his role as with the FSSC, as well as the importance of food safety to organisations and their stakeholders.

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LRQA Business Assurance Risk Management Podcast Series, EPISODE 2

1st Oct 2009 by Alex Briggs

With the FERMA conference and exhibition coming up next month, we interviewed one of the world’s leading risk management experts, Marguerite-Soeteman Reijnen, AON’s Chief Broking Officer, Europe, Middle East and Africa. In Episode 2, Marguerite talks about AON’s GRIP approach to risk management. She also talks about the future of risk management.
LRQA and www.businessassurance.com will all be in Prague for the October 4-7, 2009 FERMA event.

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LRQA Business Assurance Risk Management Podcast Series, EPISODE 1

28th Sep 2009 by Alex Briggs

With the FERMA conference and exhibition coming up next month, we interviewed one of the world’s leading risk management experts, Marguerite-Soeteman Reijnen, AON’s Chief Broking Officer, Europe, Middle East and Africa. In Episode 1, Marguerite talks about the financial crisis that led to the 2008/2009 recession. She also talks about the AON “Crystal Ball Report.”
www.businessassurance.com will be attending the FERMA event, October 4-7 in Prague.

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LRQA Business Assurance ISO 14001 Podcast – ALcontrol Case Study

15th Sep 2009 by Alex Briggs

ALcontrol is one of Europe’s leading environmental and food testing organisations. David Doherty, ALcontrol’s Health & Safety and Environmental Manager talked to us about their ISO 14001 Environmental Management Systems implementation and certification. Listen in as David talks about tangible benefits, internal and external, financial and non-financial, short and long-term, that ALcontrol’s LRQA certified ISO 14001 EMS has delivered.

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LRQA Business Assurance Quote of the Day, 18 August, 2009 FOOD SAFETY

18th Aug 2009 by Alex Briggs

Last year the world had a wake-up call with the sudden oil and food price rises. While we know the price of our food, the full environmental costs and the costs to our health are significant and hidden. We need a radical rethink of how we produce and consume our food.

UK Environment minister, Hilary Benn

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Research shows more companies are supporting suppliers to safeguard supply chains

5th Aug 2009

Supporting suppliers has become a critical supply chain issue for many global companies, according to a new study by consultants PRTM

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Work-Life Balance – a luxury or necessity?

24th Jul 2009 by Richard Gunawan

Work-Life Balance – a luxury or necessity? Lack of Work-Life Balance has significant risks to the organisation; including loss of productivity, poor health, and higher absenteeism. By offering flexible work arrangements to employees can help companies navigate the troubled times. By offering periods of unpaid leave or options to work part-time, companies may be able to avoid massive retrenchment and still retain their talented employees.

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Death in Chocolate Vat brings Health and Safety to forefront in Food Industry

20th Jul 2009 by Alex Briggs

This Food Navigator article highlights the seriousness of health and safety for food manufacturers. With 3 deaths in the UK over the past few months, many firms in the Food sector are looking at OHSAS 18001 certification as a way to help them manage their risk and reduce health and safety incidents.

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LRQA Food Safety Webinar, Parts 5-8 Video Files

13th Jul 2009 by Alex Briggs

The recent LRQA Food Safety Webinar is now available in smaller segments, starting with the opening session, “Food Safety Issue and Standards” being broken down into 8 individual video files. This post contains 5-8. Click on any of the images below to view that section of the webinar. Here is also the link to sections 1-4 .

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LRQA Food Safety Webinar Parts 1-4 Video Files

9th Jul 2009 by Alex Briggs

The recent LRQA Food Safety Webinar is now available in smaller segments, starting with the opening session, “Food Safety Issue and Standards” being broken down into 8 individual video files. This post contains 1-4. Click on any

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LRQA Food Safety Webinar now available

8th Jul 2009 by Alex Briggs

The July 1st Food Safety Webinar from LRQA is now available for listening, viewing and downloading.
The entire session is available as a recorded Webex here.
You can also view the webinar in parts with each of the sections being uploaded individually. The first sections will be uploaded tomorrow, covering all of the opening session, “Food Safety Issues and Standards.”

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Episode 3 LRQA Business Assurance Trust and Transparency Podcast Series

2nd Jul 2009 by Alex Briggs

Episode 3 LRQA Business Assurance Trust and Transparency Podcast Series In Episode 3 of the 10-part LRQA Business Assurance Trust and Transparency Podcast Series, Solitaire Townsend, co-founder and Chief Executive of Futerra Communications, offers insight into what businesses need to do to rebuild consumer trust, as well as the role that 3rd parties have in consumer decision making. Solitaire is one of the UK’s leading experts on environmental communications. In recognition of her work on environmental and sustainability issues, Solitaire was named as one of the original 15 “London Leaders” by then Mayor Ken Livingstone.

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Episode 2 LRQA Business Assurance Trust and Transparency Podcast Series

19th Jun 2009 by Alex Briggs

Episode 2 of the 10 part LRQA Business Assurance “Trust and Transparency” Podcast Series. This episode focuses on the “Accountability Gap” that was highlighted in the What Assures Consumers in an Economic Downturn Report. The research for the report was conducted in the UK by YouGov, commissioned by AccountAbility , sponsored by the Co-operative and supported by LRQA. The “AccountAbility Gap” refers to the difference between what consumers think an organisation’s responsibility is and how well they are at living up to that responsibility.

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Business Assurance Thought of the Day – Guardian Climate Change Summit Notes

16th Jun 2009 by Alex Briggs

Here is a collection of notes and thoughts from Guardian Climate Change Summit 2009 in London yesterday, most of which were posted yesterday on our www.twitter.com/lrqa page.

First session thoughts and notes
Quote from Gavin Neath, Senior VP Unilever “Organisations need to learn humility.For the past 30 years, environmental groups were right, businesses were wrong.”
Mars looking to work with PAS 2050 the carbon Footprinting for products, according to Fiona Dawson, Managing Director, Mars, UK

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Episode 1 LRQA Business Assurance Trust and Transparency Podcast Series

9th Jun 2009 by Alex Briggs

The 10 part “Trust and Transparency” podcast series is here! Harriet Lamb of The Fairtrade Foundation starts the series with her insight on what it takes for organisations to rebuild consumer trust. She also talks about Fairtrade and how they have done during the current economic downturn. She also shares her thoughts on the What Assures Consumers in an Economic Downturn report, the latest in a series from AccountAbility, sponsored by the Co-operative and supported by LRQA.

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BPA Debate highlights need for Trust and Transparency

2nd Jun 2009 by Alex Briggs

The current BPA debate that is raging around the world is an example of how quickly consumer trust can be destroyed, and how difficult it can be to regain it. Currently, both sides of the debate (the critics who believe the evidence clearly shows that BPA leads to significant health problems and the regulators around [...]

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LRQA Business Assurance “Trust and Transparency” Podcast Series

27th May 2009 by Alex Briggs

The What Assures Consumers in an Economic Downturn report was commissioned by AccountAbility, sponsored by the Co-operative, supported by LRQA, with the online research being conducted by YouGov. In early June, we will be launching a 10-part audio and video podcast series from interviews and presentations from the launch event. Sign up to our subscription updates or our iTunes podcast link at the top right hand corner of www.businessassurance.com .

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China urged to increase food safety in the supply chain

12th May 2009

Many Chinese food companies lag behind foreign firms in ensuring food safety, partly because consumers do not trust safety certification, said experts yesterday.

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Business Continuity planning for small businesses in a pandemic

11th May 2009

This article on WTOL 11 provides great tools for small businesses to use to be able to keep ahead of the possible effects of the current pandemic

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Business Assurance Thought of the Day, April 17, The Cost of Getting it Wrong

17th Apr 2009 by Alex Briggs

With Food Safety at the top of the agenda for governments, organisations and individuals, the risk to brands that get it wrong has never been greater. The costs of assuring the food supply chain have been seen by some as “too high” or “not necessary.” The example of the Plainview Peanut Company’s $14.6 million fine highlights once again the true costs of “getting it wrong.”

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A Global Business Continuity Plan for Recovery and Reform

16th Apr 2009

The communiqué also seeks to establish and promote greater collaboration between nations to “guard against risk” and “discourage excessive risk-taking” by strengthening regulatory systems and supervision.

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Supply Chain Managers Fear Protectionism

15th Apr 2009 by Alex Briggs

Supply chain managers in North America, Europe and Asia by a wide margin worry that increasing trade protectionism could push the global recession into a global depression, according to a survey released today.

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Business Assurance Thought and Link of the Day, March 31st, 2009: Food Safety

31st Mar 2009 by Alex Briggs

Todays thought and link of the day both refer to a new report, Keeping America’s Food Safe.

Only one percent of imported foods are currently inspected, even though approximately 60 percent of fresh fruits and vegetables and 75 percent of seafood Americans consume is imported.

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LRQA Gains Global Accreditation to BS 25999 Business Continuity Standard

20th Mar 2009 by Alex Briggs

Lloyd’s Register Quality Assurance (LRQA) has been awarded global accreditation to certify organisations against BS 25999, the business continuity management systems standard. In addition to UK clients such as LINK Associates and BT, LRQA has now certified their first client outside of the UK to BS 25999. Based on that work, LRQA are now accredited to deliver BS 25999 certification globally.

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Are the new EU Risk Management Proposals beneficial?

5th Mar 2009 by Alex Briggs

The latest edition of Strategic Risk Magazine features an article by Andrew Williams on the benefits of new EU Directive proposals on Risk Management.
The article highlights the issues that organisations face in implementing EU Directives when they operate in multiple markets.

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Are the new EU Risk Management Proposals beneficial?

5th Mar 2009 by Alex Briggs

The latest edition of Strategic Risk Magazine features an article by Andrew Williams on the benefits of new EU Directive proposals on Risk Management.
The article highlights the issues that organisations face in implementing EU Directives when they operate in multiple markets.

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Emphasising the need for Risk Management

10th Feb 2009

Outside the financial sector, supply chain risk management has become one of the biggest areas of concern in the downturn…

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exposure to economic risks increasing

9th Feb 2009

One of the main conclusions from the report suggests that the disaster impact could have been reduced through resilient building design and the deployment of an early warning system complemented with good community preparedness.

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$1bn fraud…shakes business & consumer confidence

20th Jan 2009

There is a business continuity issue here as well. So, that benefit is bound to occur to the other IT companies which customers have high confidence in terms of the integrity of the management. The company had exaggerated its cash reserves by some $1bn (£661m)”.

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Credit Crunch Supply Chain Predictions

18th Dec 2008 by Alex Briggs

i2 Technologies has published their economic downturn supply chain predictions:

1. SaaS and other engagement models will dominate in 2009
Software as a service (SaaS) and other engagement models will dominate the market in 2009 as companies seek to focus technology budgets on gaining a competitive advantage quickly without additional infrastructure. Outcome-based service engagements will be encoded into contracts in 2009 utilizing a managed business process services approach.
2. Risk becomes real and so does risk management

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UK Supermarkets seek alternative suppliers

28th Nov 2008 by Alex Briggs

Asda, J Sainsbury and Wm Morrison, three of the big four UK supermarkets, were forced to find alternative supply deals – either through other third parties or direct from music makers and publishers – as supply dried from Woolworths’ distribution business, which was put into administration on Thursday night alongside the 800-strong store chain.
This article highlights the delicate state of supermarket supply chains in the crucial run up to Christmas.

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What’s the link between a pandemic, energy, and the global just-in-time supply chain?

25th Nov 2008

According to a report by the Center for Infectious Disease Research & Policy (CIDRAP), a scenario is outlined where a pandemic disrupts the supply chain for coal, providing electricity and a critical element to support public health and organizational continuity.

The report suggests the next pandemic is likely to impact the global just-in time economy and will seriously compromise the public health response. The unavailability of skilled manpower will be unable to meet the surge of demand and ultimately restrict international and domestic travel/trade agreements.

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The Seven Steps To Successful Business Continuity Communications

15th Nov 2008

To successfully communicate with relevant parties during critical events, organizations need a system that can enhance their preparedness and contribute to the overall security of human, physical, and information assets.

This special report by the Varolii Corporation provides an overview of common steps organizations are taking in order to connect, protect, and account for their people, while enabling response teams and decision makers to coordinate a successful recovery and help protect assets and infrastructure—even such things as supply chain and key customer relationships.

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Milk Scandal Spills over to Food Safety and Consumer Trust

14th Oct 2008 by Alex Briggs

This New York Times Media Group article raises the question “Is there more tainted food out there?”

The melamine scandal has heightened fears that the food business is racing ahead of the ability of governments to detect health-threatening contamination, whether accidental or deliberate.

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The impact of the Chinese milk crisis on global supply chains

3rd Oct 2008

As the contamination of Chinese milk sends ripples through the global food industry, Eversheds lawyers Richard Matthews and Elizabeth Hyde lay out the due diligence procedures that food companies must go through when sourcing from outside the EU

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McKinsey Supply Chain Risk Document

14th Aug 2008 by Alex Briggs

managing-global-supply-chains.pdfmanaging-global-supply-chains.pdf This is the PDF of the McKinsey survey on the growing importance of Supply Chain Risk.

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Eye for Transport Report Highlights Green Supply Chain Issues

29th Jul 2008 by Alex Briggs

The attached report is the result of Eye For Transport’s recent survey of Supply Chain experts, with both current and future trends being evaluated.

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Compliance driving Global Supply Chains?

8th Jul 2008 by Alex Briggs

This Retail Bulletin article discusses the results of a recently published survey on supply chain issues. According to the 100 UK supply chain professionals surveyed, supply chain managers spend up to 52 days a year keeping abreast of, and complying with regulation and legislation relating to the supply chain.
The research found 84 per cent spend up to 52 days a year on compliance while 16 per cent claim even more time. More than half (58 per cent) claim to be either concerned or very concerned about operating in an increasingly regulated environment.

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Roles of ISPS code and standards in supply chain management

2nd Jun 2008

The 9/11 incidents has created an increased awareness of security that has considerable potential for progressive ports and companies to exploit to their commercial advantage by being able to market their compliance with the ISO 28000:2007 Standard that has been developed because of 9/11.

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Get the best from your business relationships in China

1st Apr 2008

A recent Quality Digest article looks at the recent quality problems in China and how the U.S. media have become quick to blame the Chinese as “cost-cutting, get-rich-quick cheaters. Two parties make up a transaction, and we forget the responsibilities of the purchasers, the U.S. companies.

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Novelty lighters banned

20th Mar 2008

On 11 March the Commission decided to ban the sale of non-child resistant and novelty lighters to consumers enters into force.

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Popular gadgets hit shelves pre-installed with viruses

20th Mar 2008

Some of the hottest new electronic devices are being found to contain factory pre-installed viruses that steal passwords, send spam and perform other nefarious tasks that make the systems easy targets for hackers.

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Inside jobs losing corporations more money than fraud

20th Mar 2008

According to a study by Indian Forensic Consulting, a Pune-based consultancy engaged in fraud examination and forensic accounting in India, 80 per cent of the time, corporates lose more money to ‘shenanigans of their own employees rather than frauds committed by an external party.

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Global logistics firm get C-TPAT validation

17th Mar 2008

DHL announced recently that DHL Express has been validated for C-TPAT

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2008 Sees the new face of starvation

10th Mar 2008

Millions more of the world’s most vulnerable people are facing starvation as food shortages loom and crop prices spiral ever upwards.

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Case Study: Using a risk assessment model in a quality management system

28th Feb 2008

“In today’s Quality Management systems, the ability to control and correct processes is key to maintaining a high level of compliance within an organization”, says pharmaceuticalonline.com.

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Toy safety assurance program endorsed by TIA Directors

19th Feb 2008

Business Wire reports that a meeting in conjunction with its annual Toy Fair in New York City, the Toy Industry Association’s (TIA) Board of Directors unanimously endorsed the general direction of a proposal for a new toy testing and safety verification system for toys sold in the U.S. market.

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Managing a Safe & Secure Supply Chain – ISO 28000

Event: 25th Mar 2008

This one day Seminar aims at creating awareness and gives organizations the requirements for establishing, implementing, maintain and improving a management system for the security of the supply chain.

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The CSR Partnerships Conference

Event: 26th Jun 2008 – 27th Jun 2008

B2B, BizNGO, MSIs – How to build partnerships that work

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Slashing supply chain risk

21st Jan 2008

Download the white paper, ‘Slashing Supply Chain Risk’.

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Frozen foods industry to focus on risk, sustainability

21st Dec 2007

Significant lessons have been learned from recent food scares like foot and mouth this year, but more works needs to be done on communication, says the British Frozen Foods Federation (BFFF).

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Climate change as a financial risk?

12th Dec 2007 by Alex Briggs

According to this Climatechangecorp.com article The US is looking into making CSR reporting on climate change a mandatory element of the information disclosed to investors.

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Chartered Management Institutes 2007 Business Continuity Management Survey

5th Dec 2007

A report on the Chartered Management Institute’s 2007 Business Continuity Management survey has been released. This research was co-sponsored by CCS.

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Mattel apology to China not the end of it

25th Sep 2007 by Alex Briggs

When big brands started to manufacture their products in “cheap labour” markets, it was believed that the brands had all the power, with governments doing everything they could to create favourable economic incentives to those brands.

The latest in the Mattel “lead paint” story seems to have indicated that the situation has drastically changed.

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Green Supply Chains and consumer pressure

20th Sep 2007 by Alex Briggs

Successful consumer led campaigns against companies using cheap labour may be the blueprint for upcoming campaigns aimed at brands not paying enough attention to the “greenness” of their global supply chain. This Supply Chain Digest article once again shows that brands cannot afford to get their supply chain wrong. It is no longer enough for [...]

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