Corporate governance: ‘More accountability to society needed,’ says IEMA
The government’s proposed reforms to corporate governance must place long-term sustainability targets ahead of short-term financial gain, IEMA has said.
In its response to the green paper, IEMA stressed that, although a financial framework is important to the UK’s continued economic growth, greater investment must be made to ensure corporate sustainability is both commercially viable and environmentally sustainable. The green paper states: ‘The UK has long been regarded as a world-leader in corporate governance, combining high standards with low burdens and flexibility.’
IEMA believes that, to remain a world leader, the UK needs to ...