MORE NEWS & ARTICLES

January 31, 2023

Both businesses and regulators must stay true to their core missions instead of

January 30, 2023

Directors believe the economy, the workforce and inflation will be the most imp

January 27, 2023

With ESG here to stay, the key is ensuring that good governance practices are i

January 26, 2023

Unfortunately, boards sometimes screw up.

January 26, 2023

The board should understand the company’s broader ESG goals to ensure the right

January 25, 2023

In an unstable risk environment, directors must help their companies manage for

January 24, 2023

To guide companies toward their ESG goals, audit committee members should under

January 23, 2023

To withstand investor scrutiny, directors must understand industry compensation

President Biden Announces Two SEC Nominations

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Key Pelosi adviser and career SEC attorney pegged.

California Bill Requiring Additional Board Diversity Is Overturned

The bill mandated ethnic, racial and LGBT diversity on boards.

Board Practices in the Digital Era: Using Corporate Governance to Maximize the Benefit-to-Cost Ratio of Information Technology

Virtual capabilities and electronic documents are double-edged swords.

 


 

New SEC Climate Disclosure Rules Offer ESG Strategy Gut Check for Boards

Now is the time to raise the bar on your ESG commitment.

Five Questions Boards Should Ask About the War in Ukraine

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Boards have an opportunity to define protocols around crisis management and ESG.
 
While still recovering from the disruptions of the global pandemic, many companies find themselves grappling with a new and, for the most part, unanticipated emergency. Russia’s invasion of Ukraine requires business leaders to remain in crisis-management mode. 
 

SEC Proposal Seeks Quicker, Standardized Disclosure of Cybersecurity Incidents

Speedy disclosures present possible headaches for boards and companies.
 
The SEC recently proposed amendments to its regulations to strengthen and standardize disclosures by public companies in the areas of cybersecurity risk management, strategy, governance and incident reporting. 
 
The amendments would require up-to-date reporting on cybersecurity incidents and periodic reporting to supply updates on previously reported incidents. It would also mandate disclosures on: 

ESG and Talent Retention Lead the Annual Meeting Agenda

The issues that will demand attention from shareholders.
 
As boards and company management teams prepare for 2022 shareholder meetings, they are confronted with a host of issues, including evolving regulatory and reporting guidance for ESG, an expanding need for employee engagement to retain valued talent and the increased threat of disruption due to technological and cybersecurity risks.
 

Boards and Management Must Work Together to Strengthen Cybersecurity

Identify cybersecurity communication gaps and ways to close them.

With both boards and management concerned about the effect lax cybersecurity can have on a company, it is essential that both groups work together to close communication gaps on the subject and continue toward the goal of effectively protecting the organization’s information assets.

Common Communication Gaps


Carl N. Kriebel is a shareholder at Schneider Downs & Co. Inc., with extensive experience in advising client executive, audit and compliance boards on the state of their programs.