Tag: US
Meta faces US lawsuit over its corporate governance
A Meta stockholder alleges that the company’s business model failed to consider the risks to society and to ‘diversified stockholders’.
Law experts defend Nasdaq in board diversity battle
US academics point out that the proposed new requirements relate only to reporting and disclosure, not quotas.
Diversity statements are not all ‘cheap talk’, finds study
After the murder of George Floyd, many US companies committed to increasing diversity—and some have backed up their words with action.
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.
BlackRock defends its ESG position
The fund manager has responded to accusations from the attorney generals of 18 US states, who say BlackRock is not ‘neutral’ about energy.
News round-up: this week in governance
ICAEW asks Liz Truss to progress audit reform; FRC to leave London; reporting earnings per share correctly; ESG committees gain ground.
How Nasdaq’s board diversity rule creates potential for real change
New Nasdaq rules requiring qualitative and quantitative disclosure about board diversity will better inform investors—and spur progress.
US boards slow diversity with poor retirement policies
Only 6% of organisations have term limits for directors, and there is reluctance around mandatory retirement policies.
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.
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.