The ICGN Non-Executive Director Remuneration Guidelines (2016) replaces earlier guidance published in 2013 and sets out the ICGN’s position regarding remuneration structures for nonexecutive directors, including board chairs. The updated Guidance has been developed, by the ICGN Remuneration Committee in consultation with ICGN members. This latest version contains two main changes including: expectations of nonexecutive directors to attain a significant shareholding are more clearly defined; and explicit reference to the remuneration of board chairs.
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The objective of this guidance is to help investors assess how well a portfolio company’s board is effectively overseeing risk management. Further, the targeted audience is broader than just company boards and investors; it includes auditors, risk advisory and rating firms as well as provincial, n...
The aim of the ICGN Integrated Business Reporting Guidance is to emphasise the importance of companies providing a holistic account of how they create and sustain value by bringing together information that is not normally disclosed in the financial statements. The ICGN intends to promote better und...
The ICGN Statement and Guidance on Political Lobbying and Donations addresses investor concerns about corporate involvement in the political process, as a matter of both business ethics and corporate governance. The Statement takes a multi-jurisdictional perspective on corporate political donations ...