FTSE-listed companies are treating corporate governance as a box-ticking exercise and failing to meet stakeholder expectations in their reporting, according to the Financial Reporting Council (FRC).
The FRC’s Review of Corporate Governance Reporting …
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The UK government is introducing a bill that aims to give it powers to investigate and intervene in potentially hostile foreign direct investment that threatens national security.
Under the National Security and Investment …
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San Francisco citizens have voted overwhelmingly for a new tax on highly paid CEOs.
By a margin of 65-35, they voted to approve a ballot measure to increase taxes on corporations with …
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The UK government has published new guidance to help businesses negotiate the ethical, legal and commercial questions they may encounter in China or when working with Chinese companies.
The guidance sets out …
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Four Democrat US senators have formed a working group with the aim of shifting corporate America away from shareholder capitalism.
Elizabeth Warren (Massachusetts), Tom Carper (Delaware), Tammy Baldwin (Wisconsin) and Mark Warner (Virginia) …
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The UK government has issued a new set of sustainable finance standards for investment managers.
The new voluntary UK standard, PAS 7341:2020, sets out the requirements to establish, implement and manage the process of integrating responsible and sustainable considerations …
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Asset owners and their managers need to encourage more companies to disclose the financial impact of climate change on their businesses using an internationally recognised code, according to a new report.…
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Some of the world’s biggest asset owners have rejected divestment to achieve climate goals and are instead favouring direct action and engagement.
Members of the UN-backed Net-Zero Asset Owner Alliance, including …
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Questions remain over how virtual AGMs can work for all investors, after a full season of shareholder and company meetings has been carried out online.
While some “excellent practices” seen over …
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The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.
This temporary adjustment to …
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