australia

Australia’s 2017 AGM season was significantly “less tumultuous” than the 2016 season, with fewer ‘strikes’ (a 25% vote against) on remuneration reports the Australian Securities & Investment Commission (ASIC) has reported.

Most Australian companies hold their AGMs in …

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Labour

The Labour Party has criticised the UK government’s choice of chair for its coalition group that will be developing corporate governance principles for private companies. James Wates CBE, chairman of Wates, a family-owned construction firm, chaired the first meeting …

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The EU’s High-Level Expert Group (HLEG) on Sustainable Finance, set up by the European Commission in December 2016, has produced its final recommendations. The Commission has pledged that these proposals will form part of its sustainable finance action plan …

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MPs

UK MPs investigating the collapse of Carillion gave Steve Haddrill, Financial Reporting Council (FRC) chief executive, a grilling over the regulator’s role in recent years.

In his evidence to the joint inquiry by the House of Commons’ Work and Pensions

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climate risks

The Pensions and Lifetime Savings Association’s (PLSA) 2018 corporate governance policy and voting guidelines have been published providing its members with examples of good stewardship practice and recommendations for key votes at the Annual General Meetings of their investee companies, …

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MPs

The House of Commons’ Work and Pensions and Business, Energy and Industrial Strategy Committees have launched a  joint inquiry into the collapse of construction firm Carillion.

The select committees said they would be investigating how a company that was …

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State green business

The 2018 State of Green Business Report – produced by GreenBiz and Trucost – stated that the corporate carbon emissions of the largest 1,200 global companies and the largest 500 US companies fell in 2016 reaching the lowest level in …

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gender gap

Justin Trudeau, prime minister of Canada, speaking at the World Economic Forum annual meeting in Davos, called for global firms to address the gender gap.

Trudeau, highlighted the increasing demands for businesses to play a positive role in society,

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Nigeria
Nigeria’s Corporate Governance Rating System (CGRS) has announced that 25 companies successfully passed its rating test joining the eight firms that retained their rating from the CGRS pilot in 2014. This brought the total number of companies that reached the
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Davos sustainability

Global companies attending the World Economic Forum (WEF) annual meeting in Davos have made sustainability commitments on recycling and renewable energy.

The Ellen MacArthur Foundation, which is campaigning for a circular economy in the use of materials, announced in …

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