Tag: US
US firms ask SEC to introduce global standards on climate reporting
Major US companies including Apple and BlackRock want to see the TCFD framework and global standards integrated into US reporting rules.
UK and EU companies lead the US on ESG targets in pay deals
Study reveals 95% of UK and EU firms include ESG metrics in executive compensation plans, compared with 22% of US corporates.
S&P 500 appoints nearly 200% more black board directors in past year
ISS research shows 148 black directors were appointed to S&P 500 companies in the past 12 months, compared with 52 in the year to May 2020.
L Brands appoints new CFOs at Victoria’s Secret and Bath & Body Works
Tim Johnson will join the global lingerie brand, with Wendy Arlin taking the role at the beauty product retailer.
US boards ‘should develop transparent policies on political issues’
The link between business and politics in the US has reached a turning point and requires action from boards, says a leading investor adviser.
Controversy as US moves towards mandatory ESG disclosures
After the SEC’s acting chair indicated the US could introduce mandatory ESG disclosures, experts are laying out the arguments against it.
Adriane M. Brown joins the board of American Airlines
Brown will also become a member of the audit and corporate governance and public responsibility committees.
Local CEOs ‘spend more on CSR in their communities’
Chief executives who lead firms located within 100 miles of their birthplace undertake more CSR activities than non-local CEOs.
Decrease in CEO pay variation blamed on ‘reciprocal benchmarking’
Chief executive pay deals in the US have begun to cluster around the same levels regardless of the size or profitability of the firms involved.
New ISS benchmarks increase the pressure for diverse boards
The US ratings agency recommends voting against directors of firms without racially or ethnically diverse board members from 2022. But details are lacking.