Yesterday, Leigh Day solicitors acting on behalf of Bail for Immigration Detainees (BID) launched formal legal action against the UK government in an attempt to force it to designate security company G4S a ‘High Risk’ strategic supplier in the wake of a number of catastrophic failings. These failings, many of which were highlighted in Panorama’s...
Today the Government published its response to the Corporate Governance Green Paper consultation.
Over the weekend, proposals on executive pay captured the headlines. Government has backed away from giving shareholders a binding vote on executive pay, but plans instead to establish a public register of companies that have experienced a shareholder revolt – defined as a one-fifth vote against proposed top pay packets.
The SNP supports the creation of a robust regulatory framework to ensure that the UK economy is not vulnerable to a re-run of the 2008 financial crisis. The SNP will support measures including the reinstatement of the reverse burden of proof which, before being removed by the Tories, required senior bank managers to demonstrate they had done the right thing where wrongdoing had emerged on their watch.
The Conservative 2017 Manifesto shares a number of similarities with pledges made under the 2015 Manifesto. These include: reducing red tape, addressing tax avoidance and evasion, and requiring companies to publish information on executive pay. In their 2017 Manifesto, the Conservatives pledge to introduce measures that ensure employees’ interests are represented on company boards, however...
Labour’s 2017 manifesto advances many of the party’s 2015 manifesto pledges. These include: introducing a Living Wage; working with companies to build sustainable supply chains; reforming the UK takeover regime; addressing shareholder short-termism; and targeting tax avoidance. Some new proposals include: collaborating with businesses to ensure they comply with Modern Slavery legislation and report on...
Over a year in, the Sustainable Development Goals show no sign of losing momentum. Ruth Mhlanga reflects on how businesses can support the SDGs to create a world free from poverty without breaking the planet. Blog by Ruth Mlanga, Oxfam Private Sector Policy Advisor
CORE welcomes the government’s announcement that it is considering requiring private companies to report on diversity, greenhouse gas emissions, and social and community issues. CORE and our partner organisations have been pressing for the government to make private companies publish this information since 2014, when new European reporting rules were under discussion. Any irresponsible company...
