EcoDa 37 – Eu Alerts

It Includes:

  • Council: The French presidency’s priorities
  • EP: Tax information sharing must improve significantly
  • ESMA: Report on trends, risks and vulnerabilities
  • TPI publishes fresh scenarios
  • Update on the implementation of the Whistleblowing Directive (Transparency International)
  • Report: Europe’s top 25 banks failing on green pledges
  • Report: Governance trends shaping 2021 (Diligent)
  • Report: SMEs’ digital future (Accountancy Europe)
  • France: Middlenext Corporate Governance Code updated
  • The New Corporation: How “good” corporations are bad for democracy (Harvard Law School Forum on CG)
  • How the benefits of mandatory sustainability reporting by business do outweigh the costs (Frank Bold)
  • The promise of stakeholder capitalism: illusory or real?
  • EC: EU Sustainable Investment Summit
  • Sustainable Corporate Governance

ecoDa’s NEWS

  • LAST CHANCE TO REGISTER: 28th of September: As part of the European SME Week, ecoDa will organise an event, under the patronnage and with the participation of DG GROW, on “Underpinning entrepreneurship and resilience: Key governance challenges for unlisted companies“.  
  • SAVE THE DATE: 9th of November: European Corporate Governance Conference accompanying event to the Slovenian presidency, Beyond Traditional Corporate Governance – SUSTAINABILITY & INNOVATION. Organised by the Slovenian Directors’ Association, EY and ecoDa. More information to come.
  • ecoDa’s Educational Videos: Collective Actions. ecoDa, AIG and Crowell&Moring have jointly produced a short video to explain the concept of collective actions and its role in the EU, while also to shed light on the collective redress directive and the impact on businesses, boards and Officers Insurance.
  • 21nd of September: ecoDa’s board meeting;
  • 22nd of September: ecoDa’s board members will meet Commissioner Reynders to discuss the EC Sustainable Corporate Governance initiative.

The EU Alert is available for download here.

EcoDa’s Professional Development for European Directors – Programma di formazione EcoDa

Gentili Associati,

abbiamo il piacere di segnalarvi il programma di formazione “Professional Development for European Directors”, organizzato da Ecoda, che si svolgerà dal 6 Ottobre 2021 al 8 Ottobre 2021.


Vi invitiamo a leggere l’intero programma CLICCANDO QUI.

Nel caso foste interessati ad iscrivervi al programma CLICCATE QUI.

EcoDa 34 – Eu Alerts

It includes:

-EFRAG : Call for candidates for expert working groups to provide input for the development of draft European sustainability reporting standards
-The Platform on Sustainable Finance : Call for feedback
-EBA : The number of high earners in EU banks remained overall stable in 2019
-France : Business organisations are considering how to promote employee shareholding
-UK : Planet Mark
-Board Agenda Article: Business roundtable stakeholder statement mostly for show
-Chapter Zero : Lessons learned from Sustainability Committee Chairs

The EU Alert is available for download here.

EcoDa Webinar- 28/09/2021 – Underpinning entrepreneurship and resilience: Key governance challenges for unlisted companies

Corporate Governance is an increasing issue for unlisted companies as they develop new sources of finance. It is also a way to gain the respect of key external stakeholders.

However, copying principles of best practice for listed companies is not a viable solution as unlisted companies have their own features and challenges.

Given the wide scope of unlisted companies, the definition and implementation of a corporate governance framework has indeed to take account the firm’s size, complexity, level of maturity and objectives regarding its own development.

With its updated Corporate Governance Guidance and Principles for Unlisted Companies in Europe, ecoDa is providing advice for the governance implementation process, leaving the companies the freedom to decide on the pace and depth.

Our webinar will get the challenges and opportunities out for discussion. Testimonies of unlisted companies will flesh out specific practices highlighting the importance of discipline and consistency.


To register CLICK HERE

ecoDa 27 – Eu Alerts

It includes:

  • EC: Renewed Sustainable Finance Strategy
  • EC: A new anti-money laundering package 
  • EP Study: Environmental Crimes: Liability of companies in the context of corporate M&A
  • ESMA/EBA: Guidelines on the assessment of the suitability of members of the management body and key function holders
  • IOSCO Report calls for efforts to tackle greenwashing (Minerva Analytics)
  • BEUC: Reaction to the EC’s New Strategy on sustainable finance
  • Report: Board Monitor 2021 (Heidrick & Struggles)
  • IoD UK: Response to Government proposals for audit and CG reforms
  • UK: Campaigners call for UK Due Diligence Law

EcoDa EU Alert 26

It includes:

  • EC: Sustainable Finance Strategy
  • European Court of Auditors: EU efforts to fight money laundering are insufficient
  • OECD: Corporate Governance Publications
  • The Future of Corporate Governance in Capital Markets Following the COVID-19 Crisis
  • Japan’s regulator urged to toughen ESG rules (Minerva Analytics)
  • Response to EC Consultation on the draft Corporate Sustainability Reporting Directive
  • ETUC: Calls on the EC to set a date for the Due Diligence Directive
  • Report: Reflection on the future role of audit committees (Accountancy Europe, ecoDa, EY)
  • Report: Integrated reporting in the European public sector (ECIIA and EUROSAI)
  • Politico: Competitive Europe Summit
  • UK: FCA consults on further climate-related disclosure rules
  • Eurocrats burn out under ‘insane’ Green Deal workload (Politico)

 

 

Webinar – Governance of sustainability: mandatory and voluntary drivers

Earlier this year, the European Commission concluded a far-reaching consultation on the EU company law framework to promote sustainable corporate governance and company law, and in March the European Parliament announced plans for a new binding law that ensures companies are held accountable and liable when they harm – or contribute to harming – human rights, the environment and good governance. The ICGN’s Global Governance Principles emphasise that directors have a legal duty to act on an informed basis, with good faith, care and loyalty to promote the long-term best interests of the company to preserve and enhance sustainable value creation. How do mandatory and voluntary requirements harmonize for best effect? What does this mean in practice for company boards and investors alike?

  • Alex Edmans, Professor of Finance, London Business School & Academic Director, Centre for Corporate Governance, UK
  • Michel de Fabiani, Chair of Policy Committee, ecoDa, France
  • Jana Jevcakova, Managing Director, Corporate Governance, Morrow Sodali, Australia
  • Maria Pierdicchi, Director, Unicredit and Chairwoman and Board Member, Nedcommunity, Italy
  • Chair: George Dallas, Policy Director, ICGN, UK
To register CLICK HERE

ecoDa- EU Alert 23

It includes:

  • EC Taxonomy Climate Delegated Acts
  • EC Consultation on Tax Avoidance
  • European Parliament calls for concrete action for SMEs
  • Joint statement on sustainable corporate governance by several peer organisations 
  • Shell ‘say on climate’ vote set to fuel further campaigns (BoardAgenda)
  • The Value Reporting Foundation
  • Minimum tax rate for multinational groups
  • Vision 250: Time to transform
  • Creation of the Taskforce on Nature-related Financial Disclosures
  • The UK IoD/ Planet Mark

 

The EU Alert is available for download here.

ecoDa- EU Alert 22

It Includes:

  • EU lawmakers strike deal for corporate tax transparency 
  • EBF: Recommendations for a fairer and more efficient EU tax framework
  • Creation of the Financial Regulations European Association (AEFR)
  • BEUC Chief resumes work in the EU Platform on Sustainable Finance
  • Article: What corporate boards can learn from Boeing’s mistakes (Harvard Business Review)
  • GNDI: Rahul Bhardwaj elected as the new Chair
  • CFA Institute: Draft ESG disclosure standards (Minerva Analytics)
  • US: Executive order on climate-related financial risk
  • Article: Activists set their sights on underperforming AIM boards (Board Agenda) 
  • France: Impact, a new platform to help companies report on non-financial information
  • UK IoD: 6 in 10 firms believe they should not exist solely to make money

The EU Alert is available for download here.

Chapter Zero France event – 30/06/2021 – Pathways to net zero: challenges and opportunities in aging assets

Dear Madam, Sir,

We are pleased to invite you to join us on June 30th to explore the challenges and opportunities provided by the decommissioning of aging assets under the accelerated pace of the energy transition.

PATHWAYS TO NET ZERO: CHALLENGES AND OPPORTUNITIES IN AGING ASSETS

The decommissioning of aging and mature energy assets is a significant challenge within O&G, nuclear, and mining industries. Board members are invited to explore the following questions:

● How can industry players ensure that decommissioning obligations are properly addressed to ensure adherence to best operational practice, optimise decommissioning costs and avoid damaging negative externalities?

● How can industry players turn decommissioning challenges into opportunities in the context of the energy transition? What opportunities exist and what steps should they take to accelerate the energy transition through decommissioning?

● How can the finance strategy support funding for decommissioning liabilities while enhancing ESG credentials? What are the implications of evolving investor expectations?

Event details :
Wednesday 30 june at 1pm CET

With ● Bryony Widdup – Partner and financial markets specialist, DLA Piper ● Julien Halfon – Head of Pensions and Corporate Solutions, BNP Paribas Asset Management ● Olivier Perrin – Senior Partner, Energy, Resources & Industrials, Monitor Deloitte ● Karina Litvack – Independent non-executive Director, ENI Board of Directors More information Register

Sincerely,

The Chapter Zero France team

Click HERE to Register