Author Archives: Editor
FRC climate "major review"

The UK needs to implement corporate governance reform as part of plans to boost the economy as it leaves the EU according to the Institute for Public Policy Research’s (IPPR) Commission on Economic Justice that is rethinking economic policy for …

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Retailer Sports Direct which has been under intense scrutiny from investors, politicians and the media for over a year due to perceived corporate governance failings and criticisms of its working practices has appointed a permanent finance director.

Jon Kempster will

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Financial Services Council stewardship code

Australia’s Financial Services Council (FSC) which represents the country’s fund management and pensions industry has launched an Internal Governance and Asset Stewardship Standard for investment managers and asset owners.

This is the first stewardship code introduced in Australia and the …

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International Corporate Governance Network (ICGN)
Michael McCauley, Senior Officer – Investment Programs & Governance State Board of Administration (SBA) of Florida, which runs the assets of the state’s pensions funds, has taken over from Triodos’ Erik Breen as chair of the International Corporate Governance
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UK revised code challenging

Trade union bodies, the TUC and the GMB, commented that they would have liked more radical proposals from Matthew Taylor and his team in his Good Work report reviewing modern employment practices that were published last week.

The Taylor …

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Marks and Spencer pay Living wage
A group of institutional investors with over £100 billion assets under management, coordinated by responsible investment pressure group, ShareAction, has requested that Marks & Spencer accredits as a Living Wage employer because they believe there will be significant benefits for
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climate-related financial disclosures

The EU’s High-Level Expert Group on Sustainable Finance, established by the European Commission, has published its interim report and made early recommendations to move Europe towards a low carbon, more resource-efficient and sustainable economy.

The Commission said that …

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CDP fossil fuel

The Climate Group’s RE100 initiative has celebrated gaining its 100th member this week. The initiative supports and showcases global businesses transitioning to 100% renewable electricity across their global operations and its membership now covers a total revenue of US$2.5 trillion.…

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Financial Choice Act

The Interfaith Center on Corporate Responsibility (ICCR), a coalition of US institutional investors that engage companies on the environmental and social impacts of their operations, has urged US Senators not to pass the Financial CHOICE Act.

The ICCR sent …

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Kenya corporate governance

Corporate governance in Kenya is improving due to enhanced corporate disclosure and improved regulation according to this year’s corporate governance index from Cyton Investments.

Cyton noted that its first index, and accompanying corporate governance analysis, published last year had …

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