The 2020 Audit Committee Agenda: Asking the Right Questions
With accounting standards changing and regulatory scrutiny expanding beyond financial performance, 2020 offers an opportunity for audit committees to work on improving the broader risk and control environment, including non-financial — enterprise, process and technology — risk disclosures. As in years past, Protiviti has prepared a recommended agenda for audit committees to help focus their […]
Make ESG Part of the Public Company Readiness Checklist — Your Valuation Could Depend on It
The public company readiness checklist for any business working toward an initial public offering (IPO) is long and complicated. And now, there are signs in the marketplace that for many companies aiming for an IPO, this checklist may need to include an analysis of environmental, social and governance (ESG) performance and reporting. Demonstrating meaningful effort […]
BlackRock’s Larry Fink Draws Another Line in the Sand – The Message Is Getting Clearer
On Jaunary 14, BlackRock’s Chairman and CEO Larry Fink issued his annual letter to public company chief executives. BlackRock is a global investment management company, the world’s largest, with almost $7 trillion in assets under management as of September 2019. This year’s letter conveys several important messages that are worth noting by those responsible for […]
Sustainable Supply Chains – Desired and Required
With greater consumer awareness and changing social values, most organizations these days feel compelled to report on their sustainable business practices. Not only are such disclosures good for the image of the company, but they come with concrete financial benefits attached – one in every four dollars invested in the United States, and $23 trillion […]
ESG Reporting Is Now a Competitive Differentiator for Technology Firms
Historically, the technology industry has been all about speed, innovation and growth. The winning firms have been those that could rapidly invent and develop new products and services and bring them to market faster than their competitors. But the formula for success in technology is changing. Now, great tech firms must not only be disruptive […]
Proactive ESG Reporting Could Give Energy and Utilities Firms a Competitive Advantage
It’s becoming increasingly difficult for energy and utilities companies to dismiss the important role of environmental, social and governance (ESG) reporting in their long-term success. Investors not only want to incorporate ESG data into their decision-making but they also now expect to have that information. And even if a growing firm doesn’t yet need to […]