Tag: SEC
News round-up: this week in governance
Equality stalls Down Under; narcissistic CEOs; EY to poll partners on audit split; SEC pushes on with climate reporting introduction.
The long and winding road to financial reporting standards
Setting standards for sustainability reporting is complex. Can we learn from the past 150 years of setting financial reporting standards?
Norges Bank backs mandatory US climate risk reporting
Heavyweight investor’s support boosts Securities and Exchange Commission’s controversial proposed US rules on board ESG disclosures.
News round-up: this week in governance
Tax transparency; huge response to climate reporting proposals; corporate influence on regulations; EU human rights due diligence directive.
Supreme Court ruling ‘may derail SEC’s climate reporting rules’
The decision to limit the US Environmental Protection Agency’s powers leaves the reporting rules open to challenge, fear observers.
News round-up: this week in governance
ICGN predicts action on money laundering; overconfident CFOs ‘deter activists’; US climate debate continues; Intel boss pay ratio revealed.
SEC set to issue proposals on US climate change disclosures
Three-quarters of the 550 responses to the SEC consultation are said to be in support of mandatory climate reporting.
We need clearer, more consistent information on ESG
US financial watchdogs are consulting on the introduction of ESG reporting for US companies. Nell Minow makes the case for better data.
ISS governance rating downgrade ‘can hit share performance’
Research shows the downgrading of a firm’s ISS governance rating can result in a 1% slide in share performance—and the fall in value is not recovered.
New SEC guidance increases pressure on proxy advisers over disclosures
US financial watchdog warns that investment firms using proxy advisers must “ensure the use of advice is consistent with their fiduciary duties”.