EU strikes deal to impose 40% quota for women on boards of large companies by 2026
The European Union has agreed to impose gender quotas to ensure women have at least 40 per cent of seats on the boards of large companies.
MOREThe European Union has agreed to impose gender quotas to ensure women have at least 40 per cent of seats on the boards of large companies.
MOREEurope’s corporate reporting body has launched a public consultation on draft corporate sustainability reporting standards, as the need for consensus on ways to report sustainability information gathers pace.
MORELONDON, May 3 (Reuters) - Companies will have to set a much broader range of sustainability targets under draft new European Union reporting standards, environmental impact body CDP said on Tuesday.
MORETaiwan's publicly accessible, expert-curated ESG (environmental, social, and governance) dashboard will see the addition of well-known S&P Global ESG scores this year amid the global push for a green recovery after COVID-19.
MOREAmended corporate governance code and listing rules will require firms to ensure board independence, refreshment and diversity from January 2022.
MOREThe policies aim to provide crucial guidance to public companies amid the growing importance of ESG in proxy voting.
MOREMalaysia’s publicly traded firms must have at least one woman director on their boards from next year...
MORETAIPEI (Taiwan News) — The Taiwan Depository and Clearing Corporation (TDCC) is looking at the possibility of adding emissions data to its expert-curated environmental, social, and governance (ESG) dashboard to align with Glasgow COP26's climate pledges, said Jane Huang, head of TDCC's ESG team.
MORETDCC initiative underlines importance of environmental, social and governance factors on financial performance
MORETAIPEI — A Taiwan Depository & Clearing Corporation (TDCC) manager spoke about environmental, social, and governance (ESG) investing and the TDCC's evolving investor relations platform (IR platform) at a webinar in late September. The presentation came as ESG investing continues to grow exponentially and as more investors and corporate issuers in the country leverage ESG-related data to generate insights into investment decision-making.
MOREThe Securities Commission Malaysia (SC) today issued an update of the Malaysian Code on Corporate Governance (MCCG), which sees the introduction of new best practices and further guidance to strengthen the corporate governance culture of listed companies. The 2021 update focused on, among others, board policies and practices on the selection and nomination processes/criteria for directors, and further guidance for practices with low levels of adoption as reported in the SC’s annual Corporate Governance Monitor reports. The MCCG 2021 also focuses on the role of the board and senior management in addressing sustainability risks and opportunities of the company. The last update of the MCCG was in 2017 and the SC has observed encouraging adoption of the Code by listed companies since then with majority of the best practices recording adoption levels of more than 70%.
MORE[Taipei, San Francisco – May 19th, 2021] Taiwan Depository & Clearing Corporation (TDCC), a central securities depository and the leading ESG promoters in Taiwan and Asia, and Glass Lewis, the world’s leading provider of independent research and governance solutions, today announced their strategic partnership. TDCC will provide corporate issuers listed on Taiwan Stock Exchange (TWSE) and Taipei Stock Exchange (TPEX) with a complimentary copy of their Proxy Paper research report as soon as it has been published by Glass Lewis.
MOREFenwick's gender diversity survey provides unique insight into women's participation at the most senior levels of technology and life sciences public companies on the Fenwick - Bloomberg Law Silicon Valley 150 List (SV 150) and the large public companies of the Standard & Poor's 100 Index (S&P 100). The report reviews public filings beginning in 1996 (the first year for which electronic filings with the SEC were broadly made in the EDGAR system) through the 2020 proxy season to analyze the gender makeup of boards, board leadership, board committees and executive management teams, in the two groups, with special comparisons showing how the 15 largest companies in the SV 150 by revenue (SV Top 15) fare. The SV Top 15 are the peers of the large public companies included in the S&P 100.
MORECan the European Union stamp out greenwashing? As of Wednesday, fund managers who market environmental, social, and governance (ESG) financial products will face regulations that force them to show exactly how they meet those standards.
MOREProposal generates more than 200 comment letters Nasdaq has responded to the many comments on its board diversity proposal, including making some tweaks to the plan. Nasdaq in December filed a proposal with the SEC to adopt new listing rules that would require companies to have – or explain why they do not have – at least two diverse directors, including one who self-identifies as female and one who self-identifies as either an under-represented minority or LGBTQ+. Listed companies would also have to disclose diversity statistics regarding their board.
MOREThe SFDR is part of the European Commission’s package of reforms to implement its sustainable finance strategy. The strategy focuses on three areas:
MORELarge companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.
MORECorporate misconduct has hit stock market liquidity and valuations, discouraging listings
MOREWith more market players taking into consideration the environmental and social impact of their investment decisions, Tokyo Stock Exchange Inc. and its parent company made available a handbook to assist listed firms identify, track and disclose their ethical credentials.
MOREDiscussions around climate disclosure requirements for businesses are accelerating due to the immense environmental, social, and corporate governance pressures on companies from institutional investors and consumers encouraging regulators to provide guidelines.
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