Mars CEO defends ESG and purpose; US president vetoes anti-ESG bill; trust can negatively affect M&As; Centrica chief’s £4.5m pay packet.
Reports suggest that the Competition and Markets Authority has already met with Big Four leaders to discuss audit market change.
The need for boards to focus on the long-term value of their organisations is by now well known, but communicating this clearly to stakeholders is crucial if they are to regain public trust and remain sustainable.
The first governance code was launched in Britain 25 years ago, following a set of corporate scandals. Since then, governance has evolved to tackle more complex challenges that are no longer local—they’re global, and they’re pressing.
The Dutch Association of Directors has urged the Dutch government to consider a new approach to corporate governance that is based on trust, to help enable “chance and change”.
Evidence is growing to show that employee engagement is fundamental in achieving sustainable, commercial success—and can be a means to address the lack of trust in business, argues Mark Price.
With the digital revolution about to present “the greatest disruption to both leadership and governance in the entire history of business”, there are ways that boards can prepare for the new digital economy and not be left behind.
In the eyes of society, business is in the doghouse. How can we rebuild corporate trust and restore self-esteem? The answer lies in looking at the bigger picture, argues Edward Speed.