Tag: non-financial disclosures
Further delay for audit reform
Long-awaited legislation to create a new audit and governance watchdog may not see light until after the election, says news report.
Companies struggle with climate risk reporting
There is a need for firms to make ‘clearer, more decision-useful disclosures’, says the Financial Reporting Council.
News round-up: this week in governance
Matthew Moulding sacrifices his extra votes; generalist CEOs; corporate emissions; and diversity disclosures. Plus ICGN’s COP26 priorities.
Controversy as US moves towards mandatory ESG disclosures
After the SEC’s acting chair indicated the US could introduce mandatory ESG disclosures, experts are laying out the arguments against it.
State Street Global Advisors CEO calls for improved diversity reporting
While Cyrus Taraporevala is optimistic about progress on reporting, he revealed concerns about a lack of clear diversity policies and goals.
Investors want gender diversity on boards—but aren’t sure about targets
While investors are split on the issue of adopting targets, support is growing for taking proactive steps to promote greater board gender diversity.
Better sustainability disclosures require clear reporting boundaries
Sustainability reporting needs to be internally consistent, theoretically sound and a useful source of data for decision-making. We’re not there yet.
UK government set to implement mandatory TCFD reporting
The prime minister reportedly wants the UK to “lead the way” on reporting climate risks, using guidelines from the Task Force on Climate-related Financial Disclosures.
UK CEOs ‘not incentivised’ to focus on their environmental impact
Just 6% of UK chief executives have a KPI related to the environment, with less than 1% having long-term incentives linked to this area.
Controversy in Hong Kong over mandatory ESG reporting
While many organisations see mandatory ESG reporting as essential for the future of Hong Kong’s markets, others argue they are too expensive or undermined by a lack of standardisation.