UK - US media and entertainment group Walt Disney has reorganised its board in an ongoing drive to raise corporate governance standards.
Group vice-chairman Roy Disney and non-executive Stanley Gold resigned last month after criticising the management of the company.
The board, which rejected the criticism, is being reorganised as part of a move to improve transparency and appoint more independent directors.
The company said all but three of the 13 board members were now fully independent and a new code of conduct and business ethics for directors had been adopted.
Environmental, social and governance (ESG) issues could be the key to greater engagement with members if the power of investments is communicated well, says Emma Douglas.
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.