Author Archives: Joe McGrath
Jamie Dimon

CEO stakeholder commitments illusory claim Harvard duo

Research conducted by two renowned Harvard academics has cast doubt on the commitments made a year ago by 181 CEOs affiliated to the Business Roundtable trade group.

Twelve months ago, business leaders …

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Lord Callanan, Minister for Climate Change and Corporate Responsibility

UK commits to new accounting watchdog, despite delays

The UK government has pledged to push ahead with a new authority to oversee corporate governance standards, following criticism from a top business committee over its inaction to date.

In an open

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Companies to look at the makeup of their leadership teams in the wake of the Black Lives Matter protests

Investors declare “a change is gonna come”

Asset owners and fund management groups are pressuring their portfolio companies to look at the makeup of their leadership teams in the wake of the Black Lives Matter protests.

The under-representation of non-white …

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SEC lambasted over shareholder rights change as companies fail to meet ESG targets

Investors ask SEC to intervene on Covid disclosures

A group of investors have called on the Securities and Exchange Commission to force companies to disclose how the Covid-19 pandemic has affected their business operations.

Representatives from 98 asset owners, fund …

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FRC reports highlight benefits of Covid disclosures

FRC reports highlight benefits of Covid disclosures

Investors require “clear and timely” disclosures from companies during the Covid-19 pandemic to inform decision-making and drive capital allocation.

Two new reports from the Financial Reporting Council have attempted to break down what …

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Boardroom woes sees more departures from EasyJet

Boardroom woes sees more departures from EasyJet

Further turmoil has gripped budget airline EasyJet after two board members announced their departure amid the ongoing bitter row between the leadership team and founder Stelios Haji-Ioannou over a plane order.

EasyJet ordered …

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UK pensions sector gets closer to adopting stronger ESG rules

Regulators: Beware of climate risks in actuarial forecasts

Regulators are warning that risks from climate change pose a significant threat to the quality and accuracy of actuarial work.

This latest warning from the Joint Forum on Actuarial Regulation – which …

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emissions

Report: Fossil fuel bank lending could torpedo capital markets

Rules governing lending to fossil fuel-intensive companies need tightening to protect investors and the financial stability of capital markets, a report has warned.

In its report, Breaking the Climate Finance Doom

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Carney: Data interpretation key to zero carbon transition

Carney: Data interpretation key to zero carbon transition

Investors must learn how to interpret, and apply, the increasing volume of ESG data if they are to formulate successful strategies to tackle climate change, according to the former Bank of England …

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IMF warns equity investors over climate risk

IMF warns equity investors over climate risk

Equity investors will increasingly have to consider the physical impacts of climate change on their portfolios, according to recent guidance from the International Monetary Fund.

In a written update on its website, the …

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