Governance
NEWS: Governance, 9 February, 2021
Norges Bank rejects idea of standards for board sustainability skills
“Prescriptive requirements for directors’ ESG expertise will be difficult to implement and may impede board formation,” warns the investor.
NEWS: Regulation, 5 February, 2021
Reforms impose new responsibilities on directors for financial reporting
Government recommendations on audit reform, set to be published next week, will hold directors responsible for failures in financial reporting.
NEWS: Board composition, 5 February, 2021
Progress on ethnic diversity in FTSE 100 boardrooms ‘has stalled’
Research by consultancy Green Park finds just 3.4% of chairs, CEOs and CFOs have ethnic minority backgrounds—the same proportion as in 2014.
NEWS: Regulation, 4 February, 2021
Dual-class shares: “Solutions exist to mitigate the governance risk”
Academic says existing governance measures could offset the risks of boosting the voting rights of some share owners over others.
COMMENT: Ethics, 2 February, 2021
Why directors should make compliance a strategic exercise
Compliance is no longer simply a question of rules, but of anticipating societal expectations and reflecting them in your corporate strategy.
NEWS: Governance, 2 February, 2021
Norges Bank divests from companies over tax issues
The Norwegian sovereign wealth fund has withdrawn investments from seven companies over tax planning and transparency in the past year.
COMMENT: Sustainable business, 29 January, 2021
Why 2021 is a year of opportunity for boards to build business resilience
Integrated thinking connects companies to the needs of their stakeholders, which fosters business resilience and creates long-term value.
NEWS: Disclosures, 27 January, 2021
Annual BlackRock CEO letter focuses on climate and diversity
Larry Fink calls on firms to publish their strategies to support a net zero economy and “improve diversity, equity and inclusion”.
INSIGHT: Responsible investment, 26 January, 2021
Why Covid-19 is driving action on climate, biodiversity and social justice
The pandemic has underlined the importance of sustainable investing to global progress on ESG and stakeholder governance.
NEWS: Governance, 21 January, 2021
Board evaluations review finds room for improvement
The Chartered Governance Institute calls for firms to disclose more data on board performance reviews, including conflicts of interest.