Author Archives: Editor
Steinhoff accounting irregularities

Markus Jooste, the chief executive of the global retail group, Steinhoff, which owns Poundland, Bensons for Beds and Pep & Co in the UK, has resigned after accounting irregularities were uncovered at the company.

The company’s supervisory board has engaged …

Read More
US corporate governance framework

The Investor Stewardship Group (ISG), a coalition of some of the largest U.S. based institutional investors and global asset managers, along with several of their international counterparts, is working with US companies to ensure they comply with its corporate governance

Read More
Views on revised UK code: Companies may find the changes challenging

Despite its shorter length companies may find adapting to the UK’s revised corporate governance code challenging, business leaders and advisers suggested. However, there was broad support for the approach taken by the Financial Reporting Council (FRC) after it launched …

Read More
climate risks
French banks are taking the lead on managing climate-related risks according to research by responsible investment pressure group, ShareAction.

While French banks have shown leadership in green banking encouraged by legislation ShareAction said that few European banks have yet

Read More
corporate governance codes

The UK’s Financial Reporting Council (FRC) has proposed a revised corporate governance code which it said is “shorter and sharper” than the existing code and builds on its work into corporate culture last year.

The FRC said the revised code

Read More
TPR ESG

UK pension fund trustees who want to fulfil their fiduciary duty should be able to implement their environmental, social and governance (ESG) policies and challenge their investment advisers on these issues according to The Pensions Regulator (TPR).

The regulator issued …

Read More
pensions trustees ESG

Pension plans across Europe believe environmental, social and governance (ESG) will become an increasingly important part of their investment strategies according to a recent survey by Create Research.

The research included a survey of 161 pension plans with total assets

Read More
Indian proxy season

The Indian proxy season for 2017 represented a tipping point for shareholder activism, according to corporate governance advisory service, InGovern with institutional investors now prepared to take on company boards.

In its overview of this year’s season, which begins in …

Read More
FTSE 50 tax strategy

Most  UK FTSE 50 companies have yet to fully embrace new government regulation that requires large businesses to publish an annual UK tax strategy, according to a recent report by the Fair Tax Mark and the Local Authority Pension …

Read More
sustainable finance

The European Commission has launched a consultation to gain views on how asset managers and institutional investors could include environmental, social and governance factors when taking decisions.

The consultation follows up on one of the eight early recommendations delivered by …

Read More