Investors turn up the heat on US climate laggards
200 of the world’s leading investors have written to major US corporations urging them to align their climate lobbying with the goals of the Paris Agreement.
The joint letters, sent …
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Environmental factors top list of investor priorities
Environmental and corporate governance issues topped the list of biggest priorities for the UK’s largest investors – but stewardship engagement remains an area of concern, a report reveals.
EY’s inaugural report into investor …
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FRC promises corporate governance and reporting crackdown
The Financial Reporting Council (FRC) is to expand its monitoring of corporate governance and reporting standards as it considers the effectiveness of its new governance code.
In its annual report for the year …
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Big Four fail in one in five audits
The world’s four biggest accounting firms have been exposed for botching at least 20% of their audits following an inspection by the Public Company Accounting Oversight Board (PCAOB).
In the most …
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South Korean watchdog stimulates investor activism
South Korea is set to relax its shareholder reporting rules to allow for greater investor activism.
The country’s Financial Services Commission (FSC) is to amend the ‘5% rule’ which will no longer require institutional …
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Major UK pensions sign up to cost disclosure initiative
Ten of the UK’s biggest pension schemes have written a joint letter publicly announcing their commitment to the Cost Transparency Initiative.
Launched in November 2018, the Initiative encourages asset managers to …
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Rise in companies deviating from Swedish governance code
The Board’s 2019 Annual Report, published this week, revealed that over a third (34 per cent) of companies that apply the Code reported at least one deviation in 2018, up from 29 …
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