An influential group of investors is urging UK regulators to make climate risk reporting mandatory for nearly 500 FTSE-listed firms. The Investment Association (IA), which represents 250 members with £8.5tn in assets, has thrown its weight behind calls for compulsory environmental disclosures, amid concerns that listed companies are not being transparent about how climate risks…
Tag: transparency
Intel Says It Will Share Pay Data Most Companies Keep Secret – Bloomberg
Intel Corp. says it will publicly release employee pay data, broken down by race and gender later this year. For the first time, every company with more than 100 employees is required to report the same to the Equal Employment Opportunity Commission, but the agency keeps the filings private, unless a company voluntarily discloses it….
Not Everything is About Investors: The Case for Mandatory Stakeholder Disclosure by Ann Lipton :: SSRN
his Article recommends that we explicitly acknowledge the importance of disclosure for noninvestor audiences, and discuss the feasibility of designing a disclosure system geared to their interests. In so doing, this Article excavates the historical pedigree of proposals for stakeholder-oriented disclosure. Both in the Progressive Era, and again during the 1970s, efforts to create generalized…
Firms are better off revealing their environmental practices, new research shows | EurekAlert! Science News
Is honesty the best policy when it comes to being green? It just might be, according to a new paper by Michel Magnan, a professor of accountancy at the John Molson School of School of Business.In their article for Sustainability Accounting, Management and Policy Journal, Magnan and co-author Hani Tadros of Elon University in North…
Improving Corporate Governance and a Strong Free Press are Essential for Emerging Economies
At the Dubai Global Financial Forum, Arif Naqvi, who heads the region’s largest private equity firm, Abraaj, said that the term “emerging markets” (EM) should be replaced by “global growth market.” But he emphasized that: “The only sense in which they [emerging markets] are still emerging is in terms of governance and transparency,” he declared….
Envonet Simplifies Searches for Corporate Environmental Financial Disclosures – Envonet
Envonet™ has launched a free online web portal to allow easy comparison of corporate environmental financial disclosures. Envonet is a global tool that enables users to quickly access environmental and climate-related financial disclosures that are often buried deep within lengthy financial filings. Equally important, Envonet reveals where corporations have omitted information relevant to investors. “Investors…
This Ranking System Is Increasing Corporate Political Disclosure
Corporations are increasingly adopting policies that govern their participation in the political process, acting to voluntarily disclose political contributions and impose restrictions on donations. The findings come from the 2015 CPA-Zicklin Index of Corporate Political Disclosure and Accountability, released Thursday by the Center for Political Accountability and The Carol and Lawrence Zicklin Center for Business Ethics Research…
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