What is subsidiary risk in SAP EHS-SUS-PC - Product Compliance?

SAP Term: subsidiary risk

• Component: EHS-SUS-PC

• Component Name: Product Compliance

• Description: A hazard or risk that a dangerous good poses in addition to the main risk. A dangerous good may have one or multiple subsidiary risks.

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• Key Concepts: 
  Subsidiary risk is a term used in SAP's EHS-SUS-PC Product Compliance component. It refers to the risk of a company's subsidiaries being held liable for non-compliance with environmental, health, safety, and sustainability regulations. This risk can arise from the actions of a subsidiary or from the actions of a parent company. 
  
  How to use it: 
  The EHS-SUS-PC Product Compliance component helps companies manage their subsidiary risk by providing tools to monitor and assess compliance with regulations. It also provides tools to help companies identify potential risks and develop strategies to mitigate them. 
  
  Tips & Tricks: 
  It is important to regularly review and update your company's compliance policies and procedures to ensure that all subsidiaries are in compliance with applicable regulations. Additionally, it is important to ensure that all subsidiaries are aware of their obligations under the law and are taking steps to comply. 
  
  Related Information: 
  For more information on managing subsidiary risk, please refer to SAP's EHS-SUS-PC Product Compliance documentation. Additionally, there are many resources available online that provide guidance on how to effectively manage subsidiary risk.