Category: latest news

As technology continues to be an important driver in business transformation across organizations, there’s been a steady increase in boards looking to appoint board members with technology experience over the past few years. According to Deloitte’s 2023 Global Technology Leadership Study, 67% of organizations surveyed say at least...

In many ways, the global economy is at a tipping point. Developments in AI and quantum computing promise infinitely higher productivity and insight while also creating disruption. Talent shortages for key skills likely will last for decades. Businesses seek more sustainable ways to compete in a low-carbon economy....

Canadian public companies have come a long way over the last decade. Women directors are no longer a rarity, and token female representation on the board is now the exception, with the average number of women on a board among TSX-listed companies having increased from less than one woman per board to 2.37 women per board....

At a recent bank board meeting, directors were treated to a surprise. They listened to the chief executive talk strategy—except it wasn’t actually the CEO talking. It turned out to be a voice-cloning model that was trained, using the CEO’s prior earnings calls, to generate new content. More boards are undertaking such staged exercises to better grasp the impact—and potential risks—of generative artificial intelligence, says Tariq...

For boards seeking to establish oversight of compliance with these new climate-related disclosure requirements, difficulties may arise. While the rules intended to provide transparency to investors, the burdens they impose on public companies may be significant. Additionally, companies are expressing that the concepts of materiality in these rules are somewhat ambiguous...

Organizational vision: Which of the major issues on the sustainability agenda are most important to their organizations? Where does ESG provide the greatest value? Where do their ambitions for ESG lie? Strategic focus and integration: Which stakeholders drive ESG strategy and action? What ESG goals and metrics are in place? What are the biggest obstacles to ESG?

Last August, it issued guidance to companies it invests in, calling on them to engage with AI as a way to drive profits, but to do so responsibly. A year on, companies generally need to do more, said Carine Smith Ihenacho, the fund's Chief Governance and Compliance Officer....

The surge in activity may lead to more costly battles between activist shareholders and management over leadership changes, spin-offs and outright sales in the coming months, bankers, lawyers and investors said. But uncertainty surrounding when interest rate cuts might come, geopolitical turmoil and a looming U.S. presidential election that could spell big changes in regulatory regimes, could also make corporate fights tougher...

Even with uncertainty over when government-mandated climate disclosures will be issued and what they will look like, experts say companies are still moving forward by measuring their environmental, social, and governance (ESG) risks and opportunities. And many businesses are already proactively tracking...

The boards of too many publicly traded companies are downright timid when considering matters involving science and technology. More often than not they focus on security and digitization—a defensive posture that overlooks the bigger opportunities emerging from new materials, space science, and a better understanding of the genome, to name just a few areas...