Revised ASX Corporate Governance Principles increase focus on climate change, environmental and social risks

by Carol Adams Main points: The ASX has released revised Corporate Governance Principles The term 'social licence to operate' has gone following consultation feedback Climate change and sustainability risks gain prominence Reference … [Continue reading]

Examples of companies linking the SDGs to value creation

by Carol Adams Main points Examples of companies contributing to the SDGs through their overall strategy to create value Partnerships are important to achieving the SDGs and should be acknowledged In my 2017 report The Sustainable … [Continue reading]

What does investment stewardship mean in the era of climate change and the Global Goals?

by Carol Adams Main points: The UN SDGs provide a useful framework for investors to consider social and environmental risks The UK Financial Reporting Council's (FRC) revised Stewardship Code recognises that climate change poses risk to … [Continue reading]

What does a Professor of Accounting do?

by Carol A Adams Main points: The role of accounting academics in driving change in practice and policy has lacked visibility Academics have critical thinking skills of value to the profession, business and policy makers When people ask … [Continue reading]

“All is not yet quite lost, but this really is the final call”

by Carol A Adams In a speech at St James’ Palace last month, His Royal Highness, Prince Charles said: "All is not yet quite lost, but this really is the final call." Speaking about climate change, he noted: having tried for so long to warn of the … [Continue reading]

Understanding key stakeholder perspectives in non-financial reporting

by Xinwu He Financial reporting has long been the major topic in Corporate Reporting courses. Traditionally, students who are trained as accountants are taught to do correct accounting treatments, produce financial statements, calculate financial … [Continue reading]

Towards better social and environmental impact reporting

by Carol A Adams Main points: Standards and guidance concerned with reporting on social and environmental issues are coalescing The UK Government seeks to increase social and environmental impact reporting The UN Sustainable Development … [Continue reading]

Let’s Talk Value: How Universities Create Value for Students, Staff and Society

Main points: Universities contribute to solving the world’s challenges and improving future workforce skills A focus on value for money, efficiency and outputs sells universities short Integrated reporting has improved university decision … [Continue reading]

Social impact, the Sustainable Development Goals and Integrated Reporting

by Carol A Adams Main points: Asset managers, Baillie Gifford, and asset owners, Cbus Superannuation Fund are seeking to report contribution to the UN Sustainable Development Goals (SDGs) Measuring and managing social impact and … [Continue reading]

UK FRC calls for consideration of climate change risk and importance of stakeholders to value creation

by Carol A Adams Main points: Acknowledgement that climate change presents risks for companies Recognition that stakeholders are important to the long-term success of a company Support for increasing integration of non-financial … [Continue reading]