How to tell the right story on executive pay Opinion Ten years on from new reporting requirements on executive pay, companies have a chance to use their Directors’ Remuneration Reports to explain their decision making to stakeholders, says PwC’s Dan Harris It’s been over a decade since the government overhauled the requirements on what public companies have to report on directors’ remuneration. A key aim [...]
Why do only half of Gen Z professionals think pensions are important? Opinion Just 56 per cent of Gen Z think saving for a pension is important compared to 77 per cent of Gen X – and that spells trouble for their retirement, says Daniel Harris Generation Z professionals may not be taking their pension contributions seriously enough – a mindset which could potentially impact their future retirement. [...]
Does mayo need a purpose? It’s time for a corporate governance reset at Unilever DANIEL HARRIS The City should take heed of Terry Smith’s recent comments on Unilever’s obsession with publicly displaying its sustainability credentials at the expense of focusing on the fundamentals of the business. Last year, chief executive Alan Jope claimed the purpose of Hellmann’s mayonnaise was “fighting against food waste.” It was a symptom of a wider malaise [...]
The rock, paper, scissors of ESG: when social missions clash with corporate governance August 24, 2021 In ESG terms, Ben & Jerry’s decision not to renew the contract of its Israeli licensee was described by the company as an “S” decision. The irony is that its “social mission” is likely to prompt a heavy-hitting response by investors in its parent, Unilever, on governance, or “G”, grounds. It has been widely reported that investors subject [...]
