Campaigners fear that ‘limited’ EU draft directives on corporate reporting will hinder the creation of a ‘sustainable and just economy’.
Transparency and governance incentives, together with responsible investors, elevates sustainability among board priorities.
The EU Non-Financial Reporting Directive review is a watershed moment for global efforts to standardise ESG disclosures and improve business sustainability.
EU companies now report under the Non-Financial Reporting Directive (NFRD). They’ve made a good start but there’s scope to improve their performance and the rules guiding them, say campaigners.
The European Union is consulting on whether current corporate reporting is still relevant. Some organisations, including some of the biggest NGOs in the world, seek improved sustainability disclosures.
The EU Non-Financial Reporting Directive places more responsibilities on companies and provides the basis for a new model of corporate accountability.
During the government’s consultation period on corporate governance reform, a series of events in London enabled discussion of a governance model fit for the 21st century. Filip Gregor and Jeroen Veldman summarise the key conclusions.
Reform of the financial system towards a sustainable economy has been detailed in an EU report, whose recommendations—which draw upon corporate governance reform—impact upon fiduciary duties in varying degrees.
Conference at Cass Business School will see academics and campaigners discuss corporate governance evolution.
A ‘fundamental’ review of the UK corporate governance code will target elements of the Companies Act 2006, which asks directors to consider the long-term impact of decision-making and the interests of employees.