Singapore board diversity

More evidence of board gender diversity challenges were recently revealed, this time in Singapore. Female directors at companies listed on the Singapore Stock Exchange (SGX) are paid 56.8% of male directors’ remuneration on average indicating a 43.2% pay gap according …

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Business Roundtable | BRT

The Business Roundtable (BRT), an association of the top US chief executives, has voiced its support for President Trump’s plans to reform Dodd Frank and has outlined a number of corporate governance regulations that it believes need reform or to …

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LafargeHolcim Syrian operations

Building materials supplier LafargeHolcim has admitted to failings by company bosses running its Syrian cement plant. They engaged in dealings with armed groups as they sought to protect employees as the area became increasingly dangerous as a result of the …

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Yahoo CEO cyber security data breach

Marissa Mayer, Yahoo chief executive, has lost her 2016 cash bonus and forgone her 2017 equity award after an investigation found that executives at the technology company were aware of a cyber security data breach in 2014 but did not …

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Financial Stability Board crisis reforms Climate-related Financial Disclosures

The Financial Stability Board (FSB) backed by the G-20, assessed reforms introduced following the financial crisis of 2008, its work on financial technology, financial sector misconduct and climate-related financial disclosures in a meeting held at the end of February.

The …

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UK corporate governance

The UK’s Purposeful Company Task force, set up by the Big Innovation Centre, has called for major changes in corporate governance, asset management and backed the Financial Reporting Council’s proposal for company’s to report on how directors are …

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The European Coalition for Corporate Justice (ECCJ), along with the French corporate accountability platform, Forum Citoyen pour la RSE, has called for European countries, EU institutions and the wider international community to follow the lead of France which …

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Nearly half of S&P 100 companies included information in 2016 that showed how they responded to shareholder concerns and made changes to policies, according to a new report from US corporate adviser, Equilar.

 

In 2016 42% of S&P …

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Vanguard engagement stewardship

The UK auto enrolment pension scheme provider NEST has adapted its investment approach so that its default fund is invested in a new fund that responds to the challenge of climate change. This will be managed by UBS Asset Management …

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MPs

The UK’s Financial Reporting Council (FRC) has argued that it needs more powers to take enforcement action against directors so that it can investigate and prosecute all directors for financial reporting breaches and associated issues of integrity, rather than only …

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