Halfway to COP27: Are governments delivering on their promises?

We are excited to launch our latest report, Halfway to COP27 – a review of governments’ ambitions and promises in respect of climate change, six months after the 2021 United Nations Climate Change Conference, commonly referred to as COP26, brought together 120 world leaders to discuss the issue. Climate change is the biggest challenge of … Read more

FCA publishes final rules on diversity-related disclosures by listed companies

The Financial Conduct Authority (FCA) has published a policy statement (PS22/3) setting out rule changes that will require premium and standard listed companies to make disclosures in relation to gender and ethnic diversity at board and executive management level for financial years starting on or after 1 April 2022. The FCA published a consultation paper … Read more

PIRC Voting Guidelines 2022 published

PIRC (the consultancy that provides corporate governance advisory services to certain institutional investors) has published the 2022 edition of its Shareholder Voting Guidelines. The guidelines set out PIRC’s views on good corporate governance for listed companies. They cover a wide range of issues, including board composition, director remuneration and corporate reporting. The 2022 edition of … Read more

Ethnic diversity on boards

The Parker Review has published its 2022 Update Report on the progress made against the targets for ethnic diversity on UK boards. The 2022 Update marks the deadline for FTSE 100 companies to meet the target set by the Parker Review of having at least one director from an ethnic minority group by the end … Read more

Investment Association’s updated statement on shareholder priorities

The Investment Association (IA) has published a document discussing its listed company shareholder priorities for 2022. First published in January 2020, the IA Shareholder Priorities document outlines investors’ expectations for the coming year and sets out how the Institutional Voting Information Service (IVIS), which is part of the IA, will analyse these issues for companies … Read more

Reform of Companies House and ban on corporate directors

The Government has published a White Paper on the reform of Companies House. Under the reforms, Companies House will be given greater powers in relation to information on the register, identity-verification requirements will be introduced for all new and existing company directors, and the ban on corporate directors will be implemented. The response follows an initial … Read more

Review of the application of the Wates Principles for large private companies

The Financial Reporting Council (FRC) has published its first review of the application of the Wates Corporate Governance Principles by large private companies. Under the Large & Medium-Sized Companies and Groups (Accounts & Report) Regulations 2008, for accounting years beginning on or after 1 January 2019 in-scope companies are required to include a statement in … Read more

PLSA Stewardship Guide and Voting Guidelines 2022

The Pensions and Lifetime Savings Association (PLSA) has issued its Stewardship Guide and Voting Guidelines for 2022. The 2022 Guidelines set out the PLSA’s views on current best practice and its voting recommendations for AGMs in 2022. Three key areas covered by the 2022 Guidelines are: Climate change – The PLSA wants to see all … Read more