Tag: EU
News round-up: this week in governance
Row over pay for non-execs; JD Sports governance overhaul; EU agrees on CSRD; and do mandatory US climate disclosures impede free speech?
EU proposes 40% quota for female non-executives
Agreement sees the threshold reduced to 33% if boards agree rules to include executive roles in their gender quota calculations.
Global minimum corporate tax rate negotiations ‘need a fairer forum’
US treasury secretary Janet Yellen is in Europe to push for agreement on the deal across 136 countries. But critics warn it misses the mark.
Companies urged to improve modern slavery reporting
Research reveals one in ten UK companies fails to provide a modern slavery statement, despite it being a legal requirement.
EU’s human rights and sustainability law faces criticism from academics
Legal experts are highlighting a host of issues with the proposals, from scope and standards to a lack of protection for whistleblowers.
News round-up: this week in governance
FTSE removes four Russian firms; LGIM warns on diversity; EU wants more women directors; and audit committees’ climate concerns.
UK and EU regulation differences deepen complexity of sanctions
Difficulty of due diligence on sanctions intensifies, as a host of companies around the world withdraw from Russian investments.
EU publishes proposals for human rights due diligence law
The proposals require company directors to take into account human rights, climate change and sustainability in their decision-making.
Russia sanctions: check your contracts now, experts warn
Companies urged to assess their links to Russia to avoid any breaches of the updated sanctions, should they be imposed.
Companies protest delay in EU human rights due diligence legislation
Companies including Ikea, Danone and Aviva Investors have signed a letter calling on the EU to accelerate its work on human rights proposals.