Tag: ecoDa

EcoDa warns that sustainability standardisation ‘promotes box-ticking’
European directors’ association ecoDa says standardisation of data to aid comparability may not result in more sustainable companies.

EcoDa: Stakeholder model should not turn boards into “bargaining bodies”
Putting competing shareholder and stakeholder interests on an equal footing risks hampering board decision-making, says ecoDa report.

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.

Human rights due diligence push ‘could turn boards into legal departments’
The European Confederation of Directors Associations warns that forcing big companies to regulate the behaviour of their suppliers could be counterproductive.

Organisational models: why teal is the new colour of business
Is corporate governance being used to resolve the agency problem and shift companies to new organisational models? Recent reforms suggest this is happening, even if it is not intended—and the future looks teal.

Why Blockchain is good news for governance
Blockchain is a headline issue but how does it affect corporate governance? At a recent corporate governance discussion forum, academics, regulators and technology experts heard how blockchain can enhance governance and turn shareholder votes into cheap and secure decision-making.

Which direction for corporate governance?
What began as a response to corporate scandal, corporate governance is making great strides in driving leadership accountability in Europe—but it’s still a work in progress, with views and policies differing considerably.

Evolving a corporate governance code that is fit for purpose
The UK’s Financial Reporting Council has published proposals for a streamlined governance code, while research from Mazars, in association with ecoDa, finds compliance with the existing framework to be variable.

Boards need ‘protection’ from short-term shareholders
The short-term nature of stock exchange business models hampers the ability of boards to focus on long-term goals, says directors’ association.

Whistleblowers should not be incentivised with payments, says ecoDa
The group representing company directors across Europe says whistleblowing needs clearly defined roles, not payments.