News
Reporting, 24 June, 2019
Climate reporting: TCFD urges companies to disclose data
While recent speeches by Philip Hammond and Mark Carney—and a Greenpeace protest—have helped to focus attention on climate reporting, a status report from the Task Force on Climate-related Financial Disclosures says more needs to be done.
Global business, 19 June, 2019
Greece tops list of most complex international jurisdictions
TMF Group’s Global Business Complexity Index ranks Greece the most difficult jurisdiction for international companies to do business in, with Brazil, Germany and China also in the top ten.
Climate change, 18 June, 2019
CDP criticises top companies over environmental disclosures
Organisations including Amazon, Apple and Berkshire Hathaway are named and shamed by the international non-profit for ‘insufficient transparency’ in their environmental disclosures.
Executive tenure, 13 June, 2019
CEO turnover falls as firms seek ‘continuity and consistency’
Survey of FTSE 100 reveals annual attrition rate has fallen for the first time in three years, with the number of internally promoted CEOs on the rise.
Regulation, 12 June, 2019
Revised EU Shareholder Rights Directive puts engagement in the spotlight
Comment: The EU’s revised Shareholder Rights Directive comes into force this week. But while some investment managers are embracing the opportunity to engage boards on ESG issues, others appear to be hoping they will go away.
Corporate governance, 6 June, 2019
Ethics body issues warning to boards over AI accountability
Artificial intelligence (AI) is a critical governance issue and must be firmly grasped by the board—not left to the tech team, says a report from the Institute of Business Ethics.
Sustainable business, 4 June, 2019
New drive to integrate UN SDGs into corporate reporting
The UN Conference on Trade and Development and the International Integrated Reporting Council have agreed to work together to promote the UN Sustainable Development Goals (SDGs) as a framework for building sustainable business models.
Risk management, 3 June, 2019
Climate change ‘is biggest risk factor for businesses’ say CEOs
Survey by KPMG highlights chief executives’ growing concern over the impact of climate change, with 76% claiming their organisations’ future growth depends on their ability to navigate the shift to a low-carbon economy.
Corporate governance, 30 May, 2019
Asset manager urges separation of chair and CEO roles
A survey by Union Investment has revealed that 14 members of the Euro Stoxx 50 continue to combine chair and CEO roles, including high-profile companies such as luxury goods brand LVMH.
Investment, 28 May, 2019
Shareholders call for greater transparency on dividend policies
The Investment Association recommends all companies publish dividend policies after its research revealed 22% of FTSE-listed firms fail to seek an annual shareholder vote on distributions.