Category: latest news

In today's evolving corporate landscape, the presence of chief human resources officers (CHROs) on corporate boards has become a focal point for organizations seeking to enhance their governance and strategic decision-making. As companies have increasingly...

A review of business headlines offers numerous examples of how damage to a company’s brand can cast a long- shadow. This is a complex area of governance because it can include consideration of factors like corporate values, ethical standards, product reliability, and communication responsiveness to adverse events...

Close to 100 Fortune 1000 board directors gathered at the 2024 EY Board Strategy Summit to hear from distinguished business and academic leaders about how boards are governing for a future that includes artificial intelligence (AI) and other emerging technologies....

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....