Tag: Institute of Directors

Many boards fail to understand directors’ duties on sustainability
Directors and senior executives feel they are ill-prepared for incoming ESG regulations, Sustainability Board survey reveals.

Business leaders call for election promises on audit reform
The Institute of Directors’ ‘Manifesto for Business’ also seeks change to section 172 to promote company purpose.

Boards will need to make internal controls statement
Government legislative agenda sees FRC reduce governance code revisions, but declaration on controls survives the cull.

Big Four firm in late plea for audit reform
Further delay ‘will not achieve the aim of restoring trust in audit and corporate governance’, says Deloitte managing partner.

An uncomfortable U-turn on audit reform
The government’s bonfire of the regulations expected for audit reform creates a source of uncertainty for business.

Business relays UK Corporate Governance Code concerns
Responses to the FRC’s consultation on its proposals highlight practical concerns about implementation and compliance.

Are boards losing control?
We need to ensure that regulations do not inappropriately reduce a board’s ability to take decisions in the best interests of the company.

IoD: Don’t make audit committees accountable for ESG reporting
The Institute of Directors says the FRC proposal on board governance means ‘lines of accountability will be blurred’.

Less than a third of FTSE 100 executives are women
In Europe as a whole, only 7.7% of top companies’ chief executives are female, gender diversity barometer shows.

News round-up: this week in governance
IoD objects to Arm Holdings’ special treatment; ESG pays its way—and is here to stay; Carbon Disclosure Project’s disappointing stats.