As the end of 2019 approaches, this is a time to reflect on what NEDonBoard has accomplished with its members and the community of NEDs and board members. Resources NEDonBoard has enriched its platform with more exclusive content for its members. The NEDonBoard platform is unique in that it is truly independent and is…
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In May 2019, MPs approved a motion to declare an environment and climate emergency. In November 2019, the European Parliament approved a resolution declaring a climate and environmental emergency in Europe and globally. The statement came a few days before the opening of the UN COP25 Climate Change Conference in Madrid. Climate change represents a…
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Stakeholder engagement is a core theme of the newly introduced UK Corporate Governance Code and of the Wates Corporate Governance Principles for Large Private Companies. While stakeholder engagement has been embedded into section 172 of the Company Act 2006, it is The Companies (Miscellaneous Reporting) Regulations 2018 and the governance codes that have brought focus…
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The 2019 report of the Hampton-Alexander Review was published on 13th November. This is the 4th annual publication of the UK government-backed initiative to improve gender diversity and balance in FTSE leadership. The report highlights two important facts: Women on boards – FTSE 350 companies have hit the target of achieving 30% of board roles…
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In this blog, we are pleased to share some key insights from Aileen Wallace, portfolio non-executive director and an active member of NEDonBoard. Mrs Wallace places emphasis on connecting with impact to build a portfolio of roles. As a reminder, the cornerstones of the NEDonBoard mission are Connection, Knowledge, Authority. What has been your NED…
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Today, stakeholders expect information on a company’s environmental, social and governance (ESG) practices. ESG is rising in importance on the board agenda and will be discussed more frequently in the coming years. While large and sophisticated companies are more advanced, ESG considerations may not have made the board agenda of smaller companies. All boards will…
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In this blog, Francis Kean, Executive Director at Willis Towers Watson discusses the need for company directors and companies to focus on the important elements of D&O policies, as these are becoming longer and more complex, and as claims activity has increased and there are signs that the market may be hardening. NEDs should…
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October is Black History Month. In the UK, the practice of observing Black History Month started in the 1980’s. The purpose of Black History Month is to honour the achievements of black people throughout the generations. NEDonBoard encourages and promotes greater diversity in boardrooms. Effective boards are diverse boards that avoid the pitfalls of group-thinking.…
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Written by Elizabeth Osta Non-executive directors are faced with unprecedented change brought by the digital revolution. They are accountable for steering their companies in the right direction. Digital strategies are the key to unlock unprecedented growth and yet several studies point that most of the spend in digital is often going to waste and does…
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