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:
Following the European Commission’s announcement of its Omnibus Simplification Package at the end of February, both the Council and the European Parliament must now reach their own positions on the proposals, before the trilogue negotiations between all three bodies commence again.
At the end February, we exposed how the European Commission’s recently announced Omnibus proposals intend to modify corporate sustainability due diligence, reporting and taxonomy and how it will influence the effectiveness of these key legal frameworks.
After three months of rushed decision-making, the European Commission presented its Omnibus Simplification Package and proposed major rollbacks to the EU’s corporate sustainability legislation, threatening to undermine Europe's leadership in sustainable business practices and ESG reporting.
