News
ESG, 13 March, 2017
M&S and BHP Billiton lead new human rights benchmark
New Corporate Human Rights Benchmark launches with M&S and BHP Billiton leading the rankings.
Insurance, 13 March, 2017
Mark Tucker to chair HSBC
Former Prudential chief executive to chair the board at HSBC.
Proxy season, 10 March, 2017
Governance uncertainty prompted by Trump unlikely to end ESG demands
Report says shareholders are likely to maintain pressure over ESG issues, despite uncertainty hanging over US governance following Donald Trump’s presidential election.
Worker representatives, 10 March, 2017
Employee representative ‘will do little’ to fix Sports Direct governance
Institute of Directors’ Oliver Parry says appointing a worker representative to the board of Sports Direct is not enough to resolve the company’s governance failings.
Sustainability, 8 March, 2017
ESG issues see Norwegian oil fund divest from 210 companies
Report on responsible investment reveals that Norway’s sovereign wealth fund voted against 6,700 company resolutions.
Merger, 6 March, 2017
Merger created between Standard Life and Aberdeen Asset Management
Merger of the asset managers will see equal representation of both boards, with newly created dual chief-executive roles.
Mining, 3 March, 2017
Rio Tinto withholds bonus payments from former CEO
Annual report reveals bonuses have been withheld until the conclusion of an investigation into a $10.5m payment.
Reporting, 3 March, 2017
IIRC seeks global feedback on integrated reporting
International Integrated Reporting Council launches worldwide call for feedback on the use of integrated reporting.
IPO reform, 1 March, 2017
Reforms mooted for UK IPO process
The UK IPO process is set to be reformed, as the Financial Conduct Authority proposes changes to improve prospectuses and alleviate the risk of conflicts of interest.
Climate change, 1 March, 2017
Watchdog worried climate disclosures will lead to ‘checklist mentality’
Financial Reporting Council seeks a “principles-based approach” to climate change disclosure, and worries recent guidance is so big companies will find it “onerous”.