Corporate governance - Vigil

A Materiality assessment, when conducted as a strategic process, across key operational areas of the company (sustainability, legal, strategy, risk) and not as an isolated exercise, has proven to produce a number of positive outcomes. 

In this webcast, panelists discuss why companies should evolve sustainability from a reporting-led conversation to a value-based narrative, and begin exploring how by analyzing three archetypes of sustainability business transformation.

The ruling in bankruptcy court caps a long legal battle over the fate of a company accused of fueling the opioid epidemic and the family that owns it.

Ireland applies one of the largest penalties for GDPR abuses after pressure from other European countries

The heat was really turned up last week when the U.S. Securities and Exchange Commission and BaFin, Germany’s financial regulator, initiated a probe into allegations that Deutsche Bank AG’s DWS Group asset-management arm has been misstating the environmental—and possibly the social—credentials of some of its ESG-labeled investment products. Regulators have signaled the review is at an early stage, and DWS has rejected claims it overstated ESG assets.

A task force launched by Mark Carney is seeking to bring order to a market criticised for its quality and lack of regulation

The Quebec-based convenience store retailer earned US$764.4-million or 71 cents per diluted share, compared with US$777.1-million or 70 cents per share a year earlier.

Alberta’s Canadian Energy Centre appears ready to be vocal again, planning a new campaign to “change perceptions” about the province’s oil and gas industry and build what it’s calling a social movement in its support.

Before the latest surge of coronavirus cases, few companies had announced vaccine mandates. But according to a survey released Wednesday, most companies now have plans to require that employees get vaccinated by the end of the year.

Financial Reporting Council makes formal complaint against accounting firm

Many economists argue that raising the target from 2% will result in fewer, and less severe, recessions

Many economists argue that raising the target from 2% will result in fewer, and less severe, recessions

Since the Business Roundtable redefined the Purpose of a Corporation two years ago, we’ve been tracking how Americans think companies are measuring up to this new stakeholder-focused purpose. The macro perspective is that America’s largest companies are perceived to be doing well promoting an economy that serves all Americans; a sharp increase (16-20 percentage points) from when we first asked this question in August 2019.

The past 12 months have catalyzed the global attention on ESG, showing how these issues are an effective component of risk management for Boards, how crucial it is for businesses to monitor emerging risks and opportunities, and how quickly issues can become financially material. However, while Boards of Directors have seen an uptake in their ESG responsibilities, shareholders, regulators, employees and even consumers have been increasingly questioning their capacity to manage and communicate transparently about risks that can affect the financial performance of businesses. 

Banks are looking for ways to boost credit revenue as Canadians cut back on high-interest borrowing

As the virus has changed, so has its relationship to the economy

The Montreal-based bank says the profit amounted to $1.32 per diluted share for the quarter ended July 31 compared with 77 cents per diluted share a year earlier.

Telus Corp. is partnering with General Motors of Canada to provide 5G connectivity to the automaker’s vehicles, a move that the companies say will provide faster and more reliable in-car services and that paves the way for autonomous driving

Tsai, who was born in Taiwan, lives in Hong Kong and holds Canadian citizenship, is worth US$9.9 billion as of Aug. 31

UK hedge fund manager Chris Hohn has demanded that Canadian National abandon its $34bn pursuit of Kansas City Southern, after a US railroad regulator rejected the way the transaction was structured as it held the potential to harm the public interest. 

Surface Transportation Board says Canadian National hasn’t demonstrated that use of voting trust would be consistent with public interest.

Canadian National said in a statement Tuesday that it is disappointed in the STB’s ruling and evaluating its options. It said it remains confident that its deal is in the public interest.

The severe economic downturn caused by the Covid-19 pandemic last year weighed on the financial health of Social Security, but not nearly as much as many forecasters originally feared, according to new projections of the program’s finances.