Tag: Regulation
EU under fire over sustainability reporting reforms
Campaigners fear that ‘limited’ EU draft directives on corporate reporting will hinder the creation of a ‘sustainable and just economy’.
News round-up: this week in governance
Musk ‘slept on factory floor’; Tyson Foods CFO arrested; FRC public interest entity definition grows; Japan urged to boost women on boards.
FRC unveils new audit committee standards
Watchdog’s guidance to audit committees aims at expanding choice and addressing competition within the audit market.
‘Poor’ proxy advisers ‘stifle’ investor stewardship
Many chairs believe the focus on compliance has led to the board’s relationship with institutional investors deteriorating, report finds.
US passes clawback rules
Regulators have moved on clawbacks in Washington while the UK has them under review.
Years after Carillion’s collapse, the UK still waits for audit reform
Researchers say inquiry focused on apportioning blame to individuals, rather than investigating the regulatory system.
Governance must not stand in the way of innovation
As regulation increases, innovation suffers—but a diverse, savvy board can promote a corporate culture open to change.
Investors call for sustainability standards to take in ‘double materiality’
Asset managers want the ISSB to include proposals for companies to report their impact on the environment.
FRC publishes advice on reporting on net zero commitments
The FRC Lab’s report contains practical recommendations on meeting investor expectations about net zero disclosures in financial reports.
Renewed call for human rights due diligence law
Mandatory compliance would prevent the UK from being ‘a laggard’ in Europe on environmental and supply chain issues, say business signatories.