Many of the things I’d like to see in 2021 are directly related to regulatory changes we anticipate are coming under a Biden administration, but they’re mixed with a few lessons from the pandemic we hope carry into a post-COVID world.
ESG/Social Responsibility
Posted inAccounting & Auditing, ESG/Social Responsibility, Ethics & Culture, Financial Services, Internal Controls, Regulatory Enforcement, Risk Management, Technology
Top ethics and compliance failures of 2020
From a massive accounting fraud scandal in Germany to deceitful consumer tactics among China-based companies to unethical practices on the environmental front in the United States—CW’s list of the top ethics and compliance failures of 2020 spans the globe.
Posted inEthics & Culture
Zoom & me: Silver linings of 2020
Turning the lens on Zoom reveals one possible highlight of 2020: a standout company that helped corporate America transition to remote work.
Posted inBoards & Shareholders
Praise for Nasdaq diversity push; Vodafone’s GDPR woes prove costly
In our inaugural video edition of Nailed It or Failed It, Dave Lefort praises Nasdaq’s efforts to get the SEC to require board diversity disclosures, while Kyle Brasseur critiques Vodafone’s numerous run-ins with the GDPR. For more Nailed It or Failed It, click here.
Posted inEthics & Culture
Biden’s SEC set to require disclosure of ESG, climate change risk
The SEC under President-elect Joe Biden will push ESG and climate change-related risk alerts, guidance, and rulemaking that will likely require companies to disclose how these risks affect their bottom line.
Posted inBoards & Shareholders
Nasdaq to SEC: Adopt listing rules requiring board diversity disclosures
Nasdaq has filed a proposal with the Securities and Exchange Commission to adopt new listing rules that would impose board diversity disclosure requirements.
Posted inBoards & Shareholders
KPMG report: World’s largest companies slow to address climate change risks
The world’s 250 largest companies are not doing very well in recognizing and measuring financial risks related to climate change, so we’ve got some advice to those who are behind the curve.
Posted inEthics & Culture
How the pandemic and social justice matters have changed the general counsel role
General counsel have taken on significantly more responsibility since the start of the coronavirus pandemic and amid the current social climate, solidifying their role as a critical business partner, a recent study on corporate legal departments found.
Posted inBoards & Shareholders
ISS 2021 proxy voting updates address racial, ethnic, gender diversity
Proxy advisory firm Institutional Shareholder Services released updates to its 2021 benchmark proxy voting policy, with the biggest changes this year addressing racial, ethnic, and gender diversity on boards.
Posted inEthics & Culture
U.K. eyes history with climate change disclosure plan package
Financial services firms in the United Kingdom must soon begin reporting what material financial impact they experience from climate change under a new disclosure mandate that is the first of its kind in the world.