Regulation
UK audit market, 28 October, 2019
Big Four accountancy firms see decline in combined audit income growth
PwC, EY, Deloitte and KPMG saw audit income grow by 1.7% in 2017ā18 compared with 5.7% the previous year, amid continuing pressure for market reform.
Disclosures, 23 October, 2019
Investors believe companies are ‘falling short’ on climate reporting
The Financial Reporting Council warns that organisations must “rapidly increase transparency and improve reporting” to meet evolving investor expectations.
Legislation, 16 October, 2019
Sir John Kingman warns government over unfinished FRC reforms
The author of a review into the Financial Reporting Council (FRC) has written to the business select committee to protest that the Queen’s Speech failed to include FRC reforms.
Conference, 11 October, 2019
Better data and consolidated standards needed to drive ESG investing
Speakers at the Global Invest Forum discussed the difficulty of integrating ESG into investment decisions without clear data or definitions of sustainability.
Responsible investment, 25 September, 2019
PRI policy chief warns that capital markets ‘remain unsustainable’
Campaign group’s head of policy and research Will Martindale says sustainability is not as deeply embedded in portfolio construction as it should be.
Research, 19 September, 2019
Net effects of mandatory CSR reporting ‘difficult to assess’
Academics warn that introducing mandatory corporate social responsibility (CSR) reporting rules could have “unintended consequences”.
Policymaking, 13 September, 2019
PRI report reveals global shift to national sustainable finance policies
New laws and policy instruments show that investors, policymakers and companies are recognising the āimperative of responsible investingā, says CEO.
Legislation, 12 September, 2019
Campaigners call for German supply chain law to protect human rights
The German government is under pressure from groups including Oxfam and Friends of the Earth to introduce new legislation regarding global supply chains.
Company law, 11 September, 2019
UK directors’ duties ‘include ESG responsibilities’ says legal expert
Memorandum warns that directors’ legal obligations under the Companies Act 2006 include consideration of environmental, social and governance factors.
Due diligence, 9 September, 2019
Strategic shifts are needed to ensure due diligence in global supply chains
Boards must set the tone for due diligence as consumers and regulators scrutinise how firms address environmental and human rights risks in supply chains.