Governance

Complying with new SEC requirements could mean reshuffling boardroom

Asking the right questions about board performance 2023 index US Spencer Stuart Board Index What’s in this report from Spencer Stuart Board Services: Successful companies understand that their boards and directors are strategic assets. But are they making the most of those assets? As companies navigate an increasingly challenging and fast-evolving business environment, boards need to ask tough questions about...

Global warming and climate change are fueling natural disasters at an increasingly frequent rate, and few locales are immune from the potentially devastating effects. It’s no longer enough for companies to claim they are doing their part; clear action is required, argues Octavio Sandoval of Illumen Capital.

1 in 3 public companies tied to greenwashing also connected to social washing

Robust cybersecurity measures for employees, executives and board members are increasingly pushing fraudsters to find other targets — and they are. By targeting board members’ homes and even their families, cyber criminals can gain access to a human supply chain of compromised accounts. BlackCloak CEO Chris Pierson breaks down these threats and warns: The SEC is watching.

In the wake of SEC-record award, now’s the time to beef up your reporting channels

While U.S. companies have nervously awaited to see how the SEC would address carbon accounting and reporting requirements, now pending for months and months, California has continued to lead the way on the environmental front with the passage of Senate Bill 253.

Protiviti’s Jim DeLoach revisits some of his writing from half a decade ago to see if companies are making good on the promise offered by technology to deepen the effectiveness of their risk management processes. Five years ago, I contributed an article to these pages titled, “Does ERM Really Matter in Your Organization?” This article described the status quo in...

Presidential candidates like Vivek Ramaswamy, Ron DeSantis and Donald Trump have targeted corporate ESG policies as politically problematic. But that doesn’t make it bad business. A group of authors from FTI Consulting talk about how corporate leaders can navigate risk around ESG efforts. Christine DiBartolo, Cheyenne Hopkins, Darius Johnson, Jess Roston, Raleigh Miller and Will O’Brien co-authored this article. While...

Despite the flurry of real and rhetorical backlash against ESG reporting in the United States, many U.S. companies will not be able to escape stringent sustainability reporting requirements emanating from the EU. And the time to gear up for compliance is short, writes Lukas Tunikaitis, sustainability consultant in UL Solutions’ ESG advisory and assurance practice. The need to comply with...

Globally, there has been a significant uptick in regulatory mandates and enforcement. These developments have presented challenges for businesses, while also creating opportunities for strategic M&A. Attorneys Ayşe Yüksel Mahfoud and Aara Tomar of Norton Rose Fulbright explore regulatory trends applying pressure to global markets. With the surge in innovative technologies and emerging issues like climate change, there are several...

Nearly three in four companies have appointed at least one employee to oversee ESG reporting and initiatives, a six-point increase over the previous year, while 71% of ESG practitioners say their companies get ESG data from three or more internal teams, according to a survey by Workiva. The company’s survey included responses from more than 900 professionals with knowledge of...