Industry News
Industry News 28 February, 2024
Investment Association to update Principles of Remuneration
Given the Investment Association did not issue their usual annual update to their Principles of Executive Remuneration last autumn (in time for remuneration reports preparation and the AGM season), the IA have now written to FTSE 350 companies’ remuneration committee chairs, reviewing the 2023 season and setting priorities for 2024. Following engagement with companies, the IA plan to review and publish simplified, updated Principles later in 2024.
Industry News 23 February, 2024
PLSA publishes Stewardship and Voting Guidelines for 2024
The Pensions and Lifetime Savings Association (PLSA) has published its Stewardship & Voting Guidelines 2024, which set out the PLSA’s views and voting recommendations on key issues.
Industry News 8 February, 2024
ESRS FAQs include GHG Emissions clarification
EFRAG has published a summary of Q&As related to the ESRS standards used for CSRD reporting, which is a great resource for any company who is preparing their ESRS disclosure for 2024.
Industry News 7 February, 2024
ESG Ratings Regulation - EU reaches agreement
The EU has reached a provisional agreement on the upcoming ESG ratings regulation.
Industry News 7 February, 2024
UK ‘Agile’ Regulation of Artificial Intelligence
The UK government has published a response to its 2023 AI Regulation White Paper, which outlined the UK government’s “flexible” approach to regulating AI through five cross-sectoral principles for the UK’s existing regulators to interpret and apply within their remits. The proposed five principles received “strong support” and the UK government is committed to a context-based approach that does not contain “unnecessary blanket rules” that apply to all AI, notwithstanding the use of the technology.
Industry News 1 February, 2024
Private company reporting needs greater clarity
The FRC has issued its Thematic Review: Reporting by the UK's largest private companies. The review contains a summary of the FRC's key findings that companies and their auditors should take into account for future annual reports.
Industry News 1 February, 2024
Nature reporting update
The GRI Biodiversity standard is now available, TNFD has announced the list of early-adopters, and the UN has published a comparison of various nature-related standards and frameworks.
IR Society News Industry News 31 January, 2024
IR Society issues Best Practice Guidelines 2024
As the market and technology evolves and investor demographics and expectations change, the Best Practice Committee refines these guidelines so that they continue to be an ongoing tool to help Investor Relations Officers tackle new challenges and improve their current skills.
Industry News 29 January, 2024
The FRC issues revised Corporate Governance Code
Key changes include increased focus on outcomes reporting, reinforcement of ‘explanations’ (where Code departures are more appropriate) and improved transparency around internal controls and 'malus and clawback' arrangements/usage. Revised supporting guidance has also been issued, aimed at being less prescriptive.
Industry News 12 January, 2024
New UK listing regime - detailed FCA proposals released
The Financial Conduct Authority (FCA) has published draft new UK Listing Rules that will implement its radical restructuring of the UK listing regime. This is intended to attract more companies to list in London, but will also impact on existing listed companies.
Industry News 31 December, 2023
Glass Lewis and ISS proxy guidelines for 2024
Glass Lewis and ISS have set out their updated views on current market practice and voting recommendations for AGMs in 2024.
Industry News 30 November, 2023
FCA SDR, investment labels and anti-greenwashing policy
Corporates need to be aware of the FCA's new anti-greenwashing and disclosure regime for investors.
Industry News 24 November, 2023
What did the Autumn Statement mean for IR?
Which measures announced in Wednesday's Autumn statement will be of most interest for Investor Relations?
IR Society News Industry News 22 November, 2023
The IR Society Celebrates Best in Class IR
At Tuesday night’s annual Investor Relations Society Best Practice Awards dinner at the Royal Lancaster, London, the IR Society celebrated the achievements of those companies demonstrating their commitment to delivering best-in-class investor and stakeholder communications.
Industry News 17 November, 2023
Revised QCA Corporate Governance Code
The new QCA Corporate Governance Code was published on 13th November.
Industry News 17 November, 2023
FRC review of corporate governance reporting
The FRC’s latest Annual Review of Corporate Governance Reporting has found ongoing improvements in the quality of reporting against the UK Corporate Governance Code, but also identifies areas where many companies are still falling short.
Industry News 1 November, 2023
FRC reports on materiality
The FRC Lab has issued a series of reports looking at how companies can improve their reporting by taking a more focused, strategic approach to assessing materiality.
Industry News 25 October, 2023
Call for evidence on Scope 3 reporting
The Government's anticipated call for evidence has now been issued, seeking views on the costs, benefits and practicalities of Scope 3 greenhouse gas emissions reporting in the UK, to help inform the government’s decision on whether to endorse the ISSB standards in the UK. It also investigates the current SECR framework to inform a Post-Implementation Review of the policy.
Industry News 18 October, 2023
New UK reporting requirements scrapped
Government withdraws annual resilience statement, fraud detection/prevention statement and triennial audit and assurance policy (AAP).
IR Society News Industry News 5 May, 2023
Signalling sustainability amidst uncertainty
Katya Gorbatiouk of the London Stock Exchange outlines her thoughts on the direction of travel for sustainability communications, the key areas where transparency is expected by capital providers and the implications for the mission-critical role of the IR function.