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Volkswagen settles with US authorities and diesel car owners

German car manufacturer Volkswagen (VW), which last year admitted to falsifying emissions data in its diesel cars around the world, has reached a $10.03 billion settlement with US authorities and former and current diesel car owners.

If approved by US …

Companies globally are missing out on human capital

Countries – and therefore the companies within them – are missing huge opportunities when it comes to making the most of their populations’ economic potential, with only 65% on average of the world’s talent being optimised during all stages of …

US falling behind on sustainability reporting says SEC chair White

Sustainability reporting in the US needs improvement according to the chair of its Security and Exchange Commission, Mary Jo White, in her key note address at the International Corporate Governance Network conference that took place in San Francisco this week.…

Future of Shareholder Rights Directive uncertain in light of Brexit fallout

Uncertainty now surrounds the status of the Shareholder Rights Directive following the UK’s Brexit referendum result. The Directive is currently stalled at the trialogue stage involving negotiations between the Commission, Parliament and country representatives. The UK has been a vocal …

South African directors positive about governance

In the first survey of director sentiment in South Africa conducted by the country’s Institute of Directors (IoDSA) its top bosses are more positive than negative in their perceptions of governance in contrast to their economics and business sentiments which …

Australian Institute of Company Directors calls for direct voting at AGMs

The Australian Institute of Company Directors (AICD) is supporting reforms of the traditional company AGM system. The Australian federal government’s consultation has just ended on proposals to allow electronic forms of communication as the default method of providing shareholders with …

Forced labour supply chains: HP tops ranking of analysis of IT sector

The first benchmark findings on the efforts of Information and Communications Technology (ICT) companies to mitigate forced labour in their supply chains have been published by KnowTheChain a project of Humanity United a US-based foundation tackling global injustice issues. KnowTheChain …

Aligning board talent and company strategy is a key challenge survey finds

Aligning board talent with a company’s long-term strategy is a critical challenge for three-quarters of corporate directors according to a global survey by KPMG’s Board Leadership Center. The advisory firm surveyed more than 2,300 directors and senior executives across 46 …

Global investors condemn US attempt to undermine voting decisions

Moves to regulate proxy research would undermine relationships with shareholders, compromise research integrity and eliminate competition say global investors.

Proposed regulation contradicts moves to improve objectivity in sell-side space.

The US House of Representatives’ Finance Services Committee last week …

Richard Branson adds voice to social justice campaign

UK founder of the Virgin-branded companies and philanthropist, Sir Richard Branson, has added his voice to a campaign against inequality, in a video which explains why he believes social justice is good for business.

He talks about meeting a …