Governance
NEWS: Regulation, 25 July, 2022
Regulator fines KPMG £14.4m
The Financial Reporting Council’s investigation into the Big Four firm’s auditing of Carillion and Regenersis revealed serious misconduct.
NEWS: Climate risk reporting, 25 July, 2022
Norges Bank backs mandatory US climate risk reporting
Heavyweight investor’s support boosts Securities and Exchange Commission’s controversial proposed US rules on board ESG disclosures.
NEWS: ESG reporting, 22 July, 2022
Meta publishes first human rights report
The company has scrutinised the risks of Facebook and WhatsApp, but stops short of publicly committing to all the actions recommended.
NEWS: Executive pay, 19 July, 2022
CEO Covid pay cuts merely ‘symbolic’
Top-level pay was boosted to pre-pandemic levels by incentives schemes in many cases, leaving investors ‘outraged’, researchers found.
NEWS: Ethics, 19 July, 2022
FRC launches probe into professional exams
Cheating overseas sparks investigation by the Financial Reporting Council into conduct of UK accountancy and audit exams.
NEWS: Governance, 12 July, 2022
Governance code reforms will ramp up internal controls
Watchdog ‘lays groundwork for the creation of ARGA’ with planned consultation on audit committee ‘minimum standards’.
NEWS: ESG ratings, 11 July, 2022
Regulator to review impact of ESG ratings on firms
The FRC has commissioned a review to investigate how ESG ratings agencies and proxy advisers affect investment decisions.
INSIGHT: Governance, 11 July, 2022
Focus on the ‘G’ of ESG
Listening to what stakeholders define as valuable is the key to successful governance—and it will make corporate reporting much easier, too.
INSIGHT: Governance, 8 July, 2022
Why do boards fail?
We can learn from governance first principles to build better boards, which can enable organisational success and create lasting value.
NEWS: ESG reporting, 4 July, 2022
Greenwashing threatens shareholders’ interests
‘Companies that believe their own greenwash are embedding liability and storing up risk’, warns chair of UK Environment Agency.