Sir Win Bischoff Archives

FRC calls for better reporting of climate-related risks

The UK regulator has added its voice to the growing chorus of organisations urging companies to improve their disclosure of climate-related risks.

New stewardship code shifts emphasis to disclosures and ‘outcomes’

A new stewardship code for investors seeks to answer criticism that it was too focused on policy with little attention to outcomes.

Board chairs offered extension on nine-year terms in new code

New corporate governance code tackles independence of chairs, remuneration committee responsibilities and corporate culture.

UK’s new governance code targets corporate culture, wider society and pay

The proposed new corporate governance code is shorter and focuses on company culture, extending boardroom responsibility beyond shareholders and ensuring companies work for long-term sustainability.

Remuneration committees’ remit broadened under revised UK Code

Aligning wider workforce pay in relation to executive remuneration should be tasked to non-executives under a revised Corporate Governance Code, suggests the Financial Reporting Council.

The guardianship circle: praxis of governance and audit committees

Why is the practice of corporate governance so different from best practice standards? Effective corporate governance “in practice” is fluid, context-specific and depends on practitioners’ skills, initiative and adaptation.

That was the governance week

Fundamental reviews, executive pay and large private companies make the governance headlines this week.

FRC to launch ‘fundamental’ review of UK governance code

Financial Reporting Council will review UK Corporate Governance Code once outcome of government’s own reform consultation is complete.

Values and governance integral to business success, says FRC

Financial Reporting Council chairman says wealth creation favours the few while governance must create an environment in which all stakeholders can thrive.