Tag: Financial Reporting Council
Campaigners urge FRC to name and shame failing audits
Transparency groups including Greenpeace UK say failing to disclose the audits involved “risks creating a general lack of confidence in all audit opinions”.
FRC says climate disclosures are ‘failing to meet investor expectations’
Review by the UK regulator finds there is “little evidence” that business models and strategy are being influenced by climate considerations.
FRC calls on companies to provide more detailed climate disclosures
The UK reporting watchdog says many disclosures do not include information on how energy use and emissions are calculated.
FRC report calls for more diversity on nominations committees
Nominations committees must be more diverse themselves if they are to boost diversity in their organisations, says a report for the Financial Reporting Council.
Audit reform consultation set to close as dissenting voices emerge
Lack of ownership reform and plans to extend the definition of “public interest entity” have drawn criticism from prominent figures.
Workforce voice in corporate governance: where are we now?
FRC research into implementation of requirements on workforce engagement shows that progress has been patchy.
To B-Corp or not to B-Corp? FRC chief says no in governance debate
Sir Jon Thompson argues there is no need to introduce B-Corp status in the UK, saying companies are already “moving in the right direction”.
Company purpose is more than a marketing slogan—it’s a new philosophy
Embedding company purpose requires businesses to think about every process their organisation operates—and accept that there will be trade-offs.
Auditors on notice to reject ‘expectations gap’ consultation
Advisory body PIRC considers recommending shareholders vote against auditors if they fail to “publicly repudiate” the consultation document.
UK stewardship code ‘has not changed the nature of investor engagement’
Academic says the revised code requires “mandatory legal or regulatory impositions” if it is to remain relevant.