Review of Non-Financial Reporting Directive

4 August, 2020

Companies should embrace Europe’s roadmap to stakeholder capitalism

It is now de rigueur for for any company seeking to respond to the urgency of climate change and the imperative of responsible business conduct to pledge to "serve their stakeholders". The...
EU flag

3 August, 2020

EU urges firms to focus on long-term strategy over short-term goals

If there is one theme that characterises debate about corporate governance over the past decade it is the conflict between short-term and long-term strategy and decision-making. The European Commis...
global vs local stamps, the rise of protectionism

26 May, 2020

Growth in protectionism ‘threatens corporate governance’

Usually when the conversation turns to protectionism it’s about its ability to stymie global trade and, as a result, damage economies. But according to academics it has another effect: it undermines...
world map representing new capitalism, bail-outs

21 April, 2020

Government bail-outs indicate ‘shift in mindset’ towards societal purpose

Denmark’s recent statements on bail-outs for companies illustrates a trend seen widely at the moment: if companies want state aid they have to do right by the societies in which they do business. ...
standardisation, box ticking

9 March, 2020

EcoDa warns that sustainability standardisation ‘promotes box-ticking’

The European Union is attempting to improve non-financial reporting, but it has already received a warning. Indeed, officials have been told that standardisation of company information and metrics pri...
EU NFRD review

24 February, 2020

EU set to review its Non-Financial Reporting Directive

Barely two years after it came into effect, senior figures have confirmed the European Union’s Non-Financial Reporting Directive (NFRD) is to undergo review. The review will look closely at impro...
boardroom

30 January, 2020

EcoDa: Stakeholder model should not turn boards into “bargaining bodies”

A body representing business directors across Europe has called for a more nuanced viewed of “stakeholder” business models saying boards should not be forced into becoming “bargaining bodies” ...
EU flag, data protection rules, GDPR

30 July, 2019

GDPR: data protection rules seen as ‘burdensome’ one year on

One year on, not everyone is impressed with data protection rules. Indeed, a survey reveals that many organisations feel the introduction of the General Data Protection Regulation (GDPR) by the Europe...
Laura Codruta Kovesi

29 April, 2019

Risk hotspots: a global roundup

Economy — South Korea Unemployment in South Korean hit a nine-year high of 4.4% in January, offering more bad news as the economy slows. Manufacturing and retail have seen the worst of the...
Short-termism, long-termism

18 October, 2018

How the revised shareholder directive will help overcome short-termism

On 9 June 2017, the EU directive 2017/282 on long-term shareholder engag...