Governance
NEWS: Sustainability, 12 April, 2021
Academics issue ‘call for reflection’ on EU corporate governance reforms
The group of researchers and professors say the EU should pause new sustainability laws and instead review a raft of academic criticism.
NEWS: Regulation, 9 April, 2021
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.
NEWS: Disclosures, 8 April, 2021
Climate reporting requires ‘shift in approach’ to reflect TCFD principles
Study reveals just 154 UK firms made any reference to the Task Force on Climate-related Financial Disclosures (TCFD) in their 2020 reporting.
NEWS: Investors, 7 April, 2021
LGIM backs calls for ‘say on climate’ shareholder votes
Legal and General Investment Management (LGIM) wants companies to put their climate policies to a vote for investors.
NEWS: Investors, 1 April, 2021
LGIM annual report reveals 21% rise in ‘active engagement’ in 2020
Engagement figures from LGIM show investors did not allow Covid-19 to shift their focus from core concerns such as diversity and climate.
NEWS: Disclosures, 29 March, 2021
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.
NEWS: Regulation, 25 March, 2021
UK stewardship code ‘has not changed the nature of investor engagement’
Academic says the revised code requires “mandatory legal or regulatory impositions” if it is to remain relevant.
NEWS: Research, 23 March, 2021
Do we overestimate the impact of CEOs on company performance?
A new study says CEOs explain 2% of variability in stock returns, while global, country and industry changes account for 11%, 4% and 1%.
NEWS: Regulation, 18 March, 2021
Audit white paper proposes new powers for regulator to sanction directors
Observers warn that proposals to increase the accountability of directors for audit and internal controls could deter candidates.
NEWS: Incentives, 17 March, 2021
Linking pay to ESG targets ‘could have unintended consequences’
Around 45% of the FTSE 100 now have ESG targets in their bonuses and LTIPs—but a new study warns there are risks involved.