Over the past two years, audit committees have grappled with the implications of a global pandemic, even as issues such as cyber risk, geopolitical instability and environmental, social, and governance (ESG) leadership demand ever greater attention…
Cybersecurity oversight is a challenge for the board of every large company. The threat landscape is constantly changing; Russia’s invasion of Ukraine is the latest in a string of global events that heightens these concerns. In late February, the US…
Boards and General Management
On 31 March and 1 April 2022, members of the European Audit Committee Leadership Network (EACLN) met in Paris to discuss corporate and sustainability reporting with officials from the European Commission (EC). Separately, the network also discussed…
At this point, nearly every large company has made significant investments in cybersecurity. But
even where internal management of cyber risk appears strong, a board may worry that its oversight
of digital security is inadequate — or that it has no…
Board risk oversight, Cybersecurity
On March 21–22, 2022, members of the Audit Committee Leadership Network (ACLN) met in New York to discuss federal government views on cybersecurity and corporate crime, audit committee leadership practices, Russia and Ukraine, and the Edelman Trust…
The past year presented boards and compensation committees with many challenges. Some allowed for creative solutions, while others have lingered into 2022. For many CTGN members, 2021 was a year in which their committees took a more detailed and…
Board and committee effectiveness, Boards and General Management / Insurance and Asset Management
Effective leadership is critical to the success of any business. The pandemic brought new leadership skills and capacities to the fore, including the need to be flexible, adaptable, and resilient. On January 20, 2022, LDN members were joined by Dean…
Board and committee effectiveness, Boards and General Management
CTGN members met virtually on six separate occasions in 2021 to glean insights from subject matter experts and peers. The dynamic combination of an ongoing pandemic and a volatile economy created new challenges for them.
Board and committee effectiveness
Investors, policymakers, regulators, and customers are increasingly basing decisions on companies’ actions around environmental, social, and governance (ESG) matters. ESG has become both a critical risk and a source of opportunity for large European…
Accounting and financial reporting, Board risk oversight
In a recent EY survey, 66% of top executives and board members of large European companies agreed that “the COVID-19 pandemic has increased expectations from stakeholders that our company will drive societal impact, environmental sustainability, and…
Boards and General Management, Board risk oversight