AI is Changing How Americans Find Jobs, Get Promoted and Succeed at Work
and understanding your careerNot every company has an HCM or is advanced in using talent data to make decisions. But many companies are becoming savvier and some are incredibly advanced. At a recent Microsoft Viva summit I attended, chief human resources officers from companies like PayPal and Rio Tinto outlined ways they are using these advancements.Some researchers claim that AI could promote equity by removing implicit bias from hiring and promoting, but many more see a danger that AI built by humans will just repackage old issues in a new box. Amazon learned this lesson the hard way back in
Maritime Giants Launch Competition to Drive Diversity, Equity and Inclusion
Six giants in the global maritime industry have joined forces to address diversity, equity and inclusion (DEI) issues.The Maritime Diversity, Equity & Inclusion (DEI) Innovation Lab 2022, launched by Thome Group, Hafnia, Anglo American, RightShip, Rio Tinto, and Wilhelmsen, is an open competition for interested participants (individuals, institutions, companies, students etc.) to submit their ideas on addressing DEI in the maritime industry.Shortlisted teams will participate in the innovation lab to hone their pitches in preparation for a ‘Dragon’s Den’ session with industry
Over 300 Companies Sign 'Neptune Declaration' to Ease Crew Change Crisis
to swap over with colleagues on land.Shipping industry officials say many sailors are at breaking point and many have been at sea for longer than an 11-month limit laid out in a maritime labor convention.The companies, which include shipping groups such as A.P. Moller Maersk, miners Anglo American and Rio Tinto, oil majors BP and Royal Dutch Shell as well as trading companies Cargill, Trafigura and Vitol, will boost information sharing as signatories of the “Neptune Declaration” initiative.“All of us have a duty of care to seafarers,” said Kit Kernon, global head of shipping at
Glencore Boss Glasenberg Steps Down, Nagle Named CEO
company's coal assets under the next CEO."We take the view we are the better custodian [of coal]... but if shareholders believe it is a better route to sell it off or spin it out or create a pure coal company, I'm sure Gary would follow that path."Elsewhere in the industry, BHP and Rio Tinto have also targeted net zero emissions by 2050 while Anglo American's goal is 2040.Glencore's coal assets account for 5% of revenue and 10% of core earnings or EBITDA. The miner remains the world's largest coal exporter.Shares in Glencore jumped 3% to their highest since February, making
ITF Exposes Wage Theft on BlueScope Ship
;Upon arriving in Western Port, the crew on the KEN EI immediately asked our inspector about claims for payment for two coastal voyages and requested that the ITF contact the shipowner as they had no correspondence or indication that they would be paid by either the shipowner or charterers BlueScope and Rio Tinto,” said ITF national coordinator Dean Summers.“This is the cold, hard reality of the decision by BHP and BlueScope to end 100 years of Australian shipping, dumping Australian crews and replacing them with Flag of Convenience vessels,” said Summers.Seafarers working Flag of Convenience
Maersk Poaches New CFO from Assa Abloy
Abloy, will start on Jan. 1 2019 at the latest, Maersk said in a statement.The move comes after former CFO Jacob Stausholm stepped down in March after the company decided to separate the finance role from its IT and digital transformation function. He later took up the CFO position at mining company Rio Tinto.(Reporting by Stine Jacobsen, additional reporting by Johannes Hellstrom, editing by Louise Heavens
Petrobras Chairman Ferreira to take Leave
iron ore, the main ingredient in steel, will stay low for years after falling more than half since last year. Despite being one of the world's lowest-cost producers of the mineral, Vale has found itself in a tight spot as its investments are well above those of Australian rivals BHP Billiton and Rio Tinto. Vale is in the process of building a giant iron ore mine in the Amazon known as S11D. The expansion is the world's largest iron ore project at the moment. Since taking the helm of the Petrobras board, Ferreira has not always seen eye to eye with other board members. Last month
