UK reporting watchdog issues diversity warning
The majority of the UK’s leading companies are failing to act on boardroom ethnic diversity, a major report by the Financial Reporting Council (FRC) reveals.
The report, which reveals most of the FTSE 350 …
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More than a fifth of FTSE 350 companies faced significant shareholder dissent in the 2019 AGM season – with executive pay and directors’ elections topping the list of investor discord.
The shocking findings, from data gathered by the Minerva Analytics …
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Companies commit to standardised ESG data reporting
More than 140 of the world’s largest companies are set to sign up to new set of non-financial reporting disclosures, which will chart their performance on ESG metrics such as greenhouse gas emissions, …
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The UK’s foremost standards body, the BSI, has released what it labels a “pioneering” framework to help organisations embed the principles of sustainable finance into their business processes.
The framework, or so-called Publicly Available Specifications (PAS), is launched in collaboration …
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Reporting on workforce-related issues needs to improve to meet investor needs and reflect modern-day practices, according to a new report from the Financial Reporting Council’s Financial Reporting Lab.
Workforce-related matters such as working conditions, changing contractual arrangements and automation …
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Major investors demand change at Barclays
A group of investors has filed a landmark shareholder resolution with banking giant Barclays over its financing of fossil fuel intensive companies.
Eleven major institutional investors, including Brunel Pension Partnership and LGPS Central, together …
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The Risk Coalition has published its long-awaited final principles-based guidance for UK board risk committees – urging firms to adopt the principles early to meet the “challenging” framework.
In its guidance report, titled ‘Raising the Bar’, the Risk Coalition outlines …
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Companies face new reporting and governance targets
Companies have been urged to improve their corporate reporting and governance practices in a new report from the Financial Reporting Council.
The FRC published its Annual Review of the UK Corporate Governance …
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Furious Westpac shareholders have slapped a second strike on the bank, as investors confronted the firm for the first time since its child sex and money laundering scandals.
At the Australian bank’s AGM in Sydney on 12 December, an overwhelming …
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Nearly nine in 10 investment professionals doubt that climate risks are being correctly priced into company valuations, a major poll reveals.
The survey, conducted by the prominent Global Sustainable Investment Alliance (GSIA), found an overwhelming 87% of respondents do not …
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