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NEWS: Governance, 23 July, 2021
Stubborn group of ‘bubble-bound’ boards ‘do not treat diversity as a priority’
Study says selection processes are “distorted by the assumption that those who do not resemble existing board members are less ‘impressive’”.
NEWS: Governance, 22 July, 2021
FRC report calls for more diversity on nominations committees
Nominations committees must be more diverse themselves if they are to boost diversity in their organisations, says a report for the Financial Reporting Council.
NEWS: Research, 20 July, 2021
Companies with CEOs that focus on culture ‘have higher growth rate’
Survey reveals relationship between chief executives that intentionally target their company’s culture and company performance.
NEWS: Analysis, 19 July, 2021
UK sees fall in number of shareholder votes against directors’ re-election
In H1 there have been 38 significant shareholder votes against individual directors, the lowest six-month total in four years.
NEWS: Governance, 15 July, 2021
Shareholder votes on climate action plans ‘more complex’ than expected
Report reveals that since 2019 only 32 companies have agreed to submit their climate action plans to a shareholder vote.
NEWS: Shareholders, 13 July, 2021
ESG activism ‘likely to proliferate’ following ExxonMobil vote
Academic argues that the Exxon/Engine No.1 case could be a template for how to make companies confront climate risk.
NEWS: Regulation, 12 July, 2021
Directors’ duties: more enforcement needed to drive action on climate
Directors have a “fiduciary duty” to consider climate change risks, say experts—but legal action is unlikely unless enforcement is beefed up.
NEWS: Legislation, 7 July, 2021
Calls grow for tougher rules on human rights in supply chains
The Corporate Justice Coalition says the UK cannot be viewed as a leader on human rights based upon the current Modern Slavery Act.
