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Stakeholder collaboration will help companies and society thrive

Home Stakeholder collaboration will help companies and society thrive Stakeholder collaboration will help companies and society thrive Sustainability reporting standards are in the long-term interests of business and society World Economy News 24 May 2021 • 3 min read The plight of companies in 2021 has been to contend with two difficulties. At the start of the coronavirus pandemic last year, some economies were already in a weak state. But the restrictions since imposed by governments to stop the spread of the virus have only made matters worse. In the early stages of the pandemic, I coined the term “coronanomics”, to reflect how the economic and health crises were intertwined. Companies have been in survival mode and boards of directors around the world are only thinking short term about how to avoid the liquidation of their businesses.

The dominance of bitcoin is ending

A warming climate for disclosure-related litigation

A warming climate for disclosure-related litigation Australia is the second-most active place for climate litigation after the US, which should ring alarm bells for company boards. Will Heath, Daisy Mallett and Emma Newnham May 24, 2021 – 12.00am Share At its annual general meeting in May, Rio Tinto’s board supported two shareholder-requisitioned climate change-related resolutions, in an Australian first. Each resolution passed with 99 per cent support. Other major ASX-listed entities have also committed to putting their climate reporting to a non-binding vote at their 2022 AGMs. Driving this momentum are initiatives like the Say on Climate campaign. It seeks to compel listed companies to adopt climate targets, transition plans and rolling status reporting through AGM agitation.

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