Governance
COMMENT: Stakeholder debate, 28 February, 2020
Company purpose and profit are not mutually exclusive
The view that a company may be either “profit-seeking” or “purposeful” is overly simplistic, with serious consequences for board accountability.
Corporate governance, 25 February, 2020
Bank of England economist Andy Haldane enters stakeholder debate
Speaking at a Bloomberg event, Haldane said it was time for a “refresh” of the capitalist model—and added that legislative change should not be ruled out.
Sustainability disclosures, 24 February, 2020
EU set to review its Non-Financial Reporting Directive
The sustainability reporting rules have faced criticism for failing to produce the detailed disclosures required to confront climate change.
Sustainability disclosures, 21 February, 2020
UK watchdog to review companies’ climate reporting
The Financial Reporting Council will analyse how UK firms and their auditors “assess and report” the impact of climate change.
Global risk, 18 February, 2020
FRC issues advice on coronavirus risk disclosures
UK watchdog says businesses with operations in affected areas should consider whether coronavirus should be included in their disclosures on material risk.
Non-financial disclosures, 18 February, 2020
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.
Sustainability disclosures, 17 February, 2020
Most EU non-financial reporting is ‘poor quality’
Study finds firms are delivering the minimum required under existing EU directive, with only 14% reporting how they align targets with the Paris Agreement goals.
COMMENT: Investor engagement, 12 February, 2020
Stakeholder debate should not be used to weaken shareholder rights
Investors play a vital role in holding boards to account—and well-governed companies safeguard the long-term interests of all stakeholders.
Gender diversity, 10 February, 2020
FTSE 100 hits target on female board directors—but challenges remain
Hampton-Alexander Review CEO warns more work is needed, while new research shows women leaders experience “everyday sexism” on a disturbing scale.
Stakeholder capitalism, 7 February, 2020
The stakeholder capitalism era could mean more UK governance reform
As the argument for stakeholder capitalism gains ground, are the UK’s corporate governance code and regulatory environment ready for the revolution?