To remain successful, companies need to reflect these changing demographics in order to better understand the point of view of their consumers and retain top talent among their employees. Background on the US SEC Report Issued to American Corporations for Disclosure: Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act mandated the creation of the Office of Minority and Women Inclusion in all agencies covered by the act and requires that each OMWI develop standards for assessing the diversity policies and practices of entities regulated by those agencies
The US SEC Concept Release discusses the concept of sustainability reporting by public companies as part of the disclosure process by companies to the global capital markets
1 Comment - Very professional group with whom we should have a lot of interaction
The International Organization of Securities Organizations (IOSCO) issued a press release today stating that securities regulators from growth and emerging markets are seeking public feedback on proposed recommendations related to the development of sustainable finance in capital markets and the role of securities regulators in this area. The question is – will the largest capital markets regulator in the world – the United States Securities and Exchange Commission support the disclosure of sustainability data by public companies and create guidance and suggestions of frameworks that can be used to assist US Investors
More than 2/3 of the world’s capital markets are using the IMA supported XBRL global structured data format for both financial and nonfinancial disclosures
According to CERES - while almost half of the 600 largest U.S. public companies communicate with investors about environmental, social and governance issues, they could be doing a much better job of it
Human capital development is one of the key factors in human development in which the government and the private sector plays a critical role
Our very own IMA member and former IMA Chair - The Honorable Kim Wallin served on this commission and came up with recommendations for the US Congress in crafting legislation to implement the Evidenced-Based Policy Act. She has been one of the original supporters of using technologies like XBRL in the State of Nevada to provide better transparency and accountability for financial management of government. As the Former Controller of the State of Nevada - Kim understands the importance of how government services can be deployed more strategically using evidenced-based data - especially those most underserved or marginalized by society that need government assistance.
Yesterday at a summit of central bank governors in Amsterdam -- the governor of the Bank of England warned that climate change could have a "catastrophic impact" on the global financial system
As part of the Action Plan, in February 2018, the European Commission launched an EU Blockchain Observatory and Forum, as well as a feasibility study of an EU public blockchain infrastructure to develop cross-border services. As part of its efforts to evaluate legal, governance issues, any scale-up opportunities and in attempt to support “interoperability and standardization” across Europe, the European Commission will continue the work on further possible implementations of distributed ledger technologies in the second quarter of 2018
FROM THE ARTICLE: According to the Governance and Accountability Institute, approximately 82% of S&P 500 companies published some type of corporate sustainability report in 2016, up from 75% in 2015 and 20% in 2011
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