The collaboration between the Purpose of the Corporation Project led by Frank Bold and the Modern Corporation Project run by Jeroen Veldman and Hugh Willmott from Cass Business School has won the 2019 International Impactful Collaboration Award.
The award given by the Practice Theme Committee (PTC) and the International Theme Committee (ITC) of the Academy of Management recognises international collaborations between academics and external stakeholders that have achieved demonstrable, external impact.
The partnership identified a growing sense of urgency on the link between corporate governance theory, practice and institutions and the materialization of significant corporate, social and systemic risks. By bringing together leading representatives from academia, civil society, regulators and practitioner communities, the awarded organisations built a platform that generates opportunities to develop relevant proposals for the reform of corporate governance and thus to engage with these risks.
You can read more about the award and the activities carried out by the partnership here:
European Union and its member states have approved a framework to prevent that companies providing low prices based on dumping, child labour, pollution and exploitation will not be better positioned in the EU market. They adopted the Corporate Sustainable Due Diligence Directive (CSDDD), which will provide guidance to companies on how to prevent significant negative impacts in their operations and value chains.
The International Sustainability Standards Board is presenting in London this Tuesday the work plan for the upcoming two years, including research projects to develop standards for companies’ reporting on biodiversity and human capital.
Today, national ministers responsible for internal market and industry voted in favour of the first reading position adopted by the European Parliament in April 2024. This approval by the Council of the EU brings to a successful close the legislative journey of the Corporate Sustainability Due Diligence Directive (CSDDD), which will now become law.
