Open letter from the Investment Association details how members will help to “keep corporate Britain working”, with guidance on executive pay, dividends and financial reporting.

Investors are placing environmental, social and governance issues at the top of their agendas, and they expect companies to do the same.

Proposals for a “shorter, sharper” UK Corporate Governance Code have been published by the Financial Reporting Council (FRC), with more focus on “issues which are of genuine concern to shareholders and other stakeholders”.